Montana regulators approve bill credit for MDU customers
HELENA, Mont. (AP) — Montana regulators have approved an average $23 credit for customers of Montana Dakota Utilities after the utility saw a $1.5 million savings under the federal tax cut enacted last December.
The Montana Public Service Commission voted unanimously Tuesday to approve the refund, which should show up as a credit on April bills for customers in eastern Montana.
After Congress passed the tax cuts, Montana’s PSC required major regulated utilities to pass any benefits on to their customers.
MDU’s gas business had already returned the tax benefits to customers.
In November, NorthWestern Energy agreed to give its customers an average $24 credit on their power bills and a $3.50 credit on their natural gas bills after NorthWestern’s 2018 tax liability fell by $20.5 million under the new tax rates.