TOPEKA, Kan. (AP) - Kansas regulators have ordered Kansas Gas Service to return more than $17.9 million in tax savings to its customers.
The Kansas Corporation Commission said in a news release Monday that its order will mean a one-time bill credit of $22.78 for residential customers.
The agency says the savings are the result of a federal law that reduced the corporate tax rate from 35 percent to 21 percent in January of last year. The Commission had required utilities to track and keep separate savings from the tax cut pending its review.
Kansas Gas Service had asked to keep the savings to offset its service costs, but the Commission determined that was not in the public interest.
© Associated Press
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Cold case investigation leads to Holton warrant
Horton City Clerk's resignation accepted Monday
Effingham owner regains truck following theft, arrest
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
LATEST STORIES
Atchison company earns energy grant; upgrades planned
Winchester native named as Amberwell CEO
April is Alcohol Awareness Month in Nebraska
MoDOT to discuss Holt County bridge projects
Sheriff's Office to take part in drug take back event
Council hears report from golf course
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Hazard mitigation planning meeting set for Atchison County MO