Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Investor-owned utilities in bitter battle with public power over taxes

Journal Article · · Energy Dly.; (United States)
OSTI ID:6831296
The Edison Electric Inst. (EEI), representing investor-owned electric utilities, is fighting the American Public Power Association (APPA) and others in a lobbying effort against the Harkin Bill (H.R. 4923). This bill requires utilities to return tax benefits to consumers at the beginning of a plant's life, which EEI says is unfair since public utilities do not pay income taxes. The pros and cons of the Harkin bill focus on phantom taxes, equity, and the principles for accounting for deferred taxes. EEI includes in its arguments against the bill the challenge that it enhances the federal deficit.
OSTI ID:
6831296
Journal Information:
Energy Dly.; (United States), Journal Name: Energy Dly.; (United States) Vol. 12:60; ISSN ENDAD
Country of Publication:
United States
Language:
English