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PUC cuts utility rates to reflect lower federal taxes

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Pennsylvania businesses and residents will see lower costs for water, electricity and natural gas starting July 1 under action taken today by state utility regulators.

The Pennsylvania Public Utility Commission on Thursday approved rate cuts for 17 utility companies, reflecting newly lowered corporate taxes.

The cuts take effect July 1 and remain in place until the next time utilities come before the PUC individually to adjust their rates up or down.

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