Kansas Gas Service ordered to pass tax break on to customers
The Kansas Corporation Commission Monday issued an order instructing Kansas Gas Service to return about $16.6 million in tax savings to its customers.
The KCC says this means residential customers can expect a one-time bill credit of $21.06. The KCC says the savings resulted from the Federal Tax Cuts and Jobs Act reducing the corporate tax rate from 35 percent to 21 percent in January 2018.
The KCC explained its determination that it "was not in the public's interest" for KGS to retain accrued tax savings to offset its cost of service.
You can read the commission's order