Natural gas rebates

Posted 1/2/20

Hospitals, colleges, prisons, manufacturers and power generator customers of Dominion Energy will receive a 1-time bill credit in their December invoices.

This is for savings under the Tax Cuts …

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Natural gas rebates

Posted

Hospitals, colleges, prisons, manufacturers and power generator customers of Dominion Energy will receive a 1-time bill credit in their December invoices.

This is for savings under the Tax Cuts and Jobs Act based on the customer’s percentage of total sales and transportation revenue collected from January 2018 through October 2018.

The act reduced the federal corporate tax rate from 35% to 21% effective January 1, 2018, according to Jim Clarkson of Resource Supply Management.

Dominion deferred the credit until November 2018 when new rates started reflecting the reduced federal corporate tax rate.

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