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image: AP/J. Scott Applewhite

For utilities, the new corporate tax cuts are a double-edged sword

February 1, 2018

The effects of the new lower corporate tax rate – 21% versus 35% previously – signed into law by President Donald Trump just before Christmas are proving to be a double edge sword for utilities.

In a new analysis, The Brattle Group said the tax cuts could provide benefits for utility customers, but they also warned the cuts could lead to “unrealistic expectations,” overshadowing some important off-setting effects.

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