Business

ComEd to pay $434 million back to customers

By Washington Examiner
Published July 14, 2022 4:00pm ET
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ComEd to pay $434 million back to customers
(The Center Square) – ComEd customers will start seeing monthly checks from the utility company as they are required to pay back $434 million over the next three years. The payments come from excess deferred income taxes collected by the company as a result of the Tax Cuts and Jobs Act of 2017. The plan […]

(The Center Square) – ComEd customers will start seeing monthly checks from the utility company as they are required to pay back $434 million over the next three years.

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Illinois State Legislatures Tax Cuts and Jobs Act