JOPLIN, Mo. -- Liberty Utilities-Empire District customers will soon see a rate reduction.
The Missouri Public Service Commission approved a proposal to reduce rates by $17.8 million. The rate decrease reflects a reduction in the corporate tax rate from 35% to 21% as a result of passage of the federal Tax Cuts and Jobs Act of 2017.
For a residential customer using 1,000 kWh (kilowatt-hours) of electricity a month, rates will decrease by approximately $5.16 a month. That decline is effective August 30.
Liberty Utilities-Empire District serves approximately 151,700 electric customers in the Missouri counties of Barry, Barton, Cedar, Christian, Dade, Dallas, Greene, Hickory, Jasper, Lawrence, McDonald, Newton, Polk, St. Clair, Stone and Taney.