Public power contributes more: IOUs pay proportionately less state, local taxes

Journal Article · · Public Util. Fortn.; (United States)

OSTI ID:5856637

Kilmer, J

A comparison of the taxes and payments in-lieu-of-taxes by public and private utilities shows that the investor-owned utilities (IOUs) pay proportionately less state and local taxes. Public power systems do not pay federal income taxes, while the taxes actually paid by IOUs were less than those charged because of tax deferral. The US average of 569 reporting public utilities was 8.3% of gross electric operating revenue paid to state and local governments, compared to 6.0% of 191 reporting IOUs. 1 table.

• Research Organization: Public Power, Washington, DC
• OSTI ID: 5856637
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 43:3; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
COMPARATIVE EVALUATIONS
ECONOMIC POLICY
ELECTRIC UTILITIES
GOVERNMENT POLICIES
INCOME
PUBLIC UTILITIES
TAXES