Lawmaker pledges to "fix" 2015 rate freeze law
RICHMOND, Va. (AP) — A new federal corporate tax cut is good news for Virginia's two largest electric monopolies. Whether it'll mean lower electric bills depends on state lawmakers. A 2015 state law blocks regulators from passing the companies' corporate tax savings — estimated to be $240 million a year — to customers. But the legislator who sponsored that law says he plans to "fix" it so that ratepayers are the ultimate beneficiary of lower federal taxes. Republican Sen. Frank Wagner said he plans... Читать дальше...