Enstar to cut rates with $5M benefit from 2017 tax reform

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Enstar Natural Gas Co. anticipates $5 million in additional revenue coming in 2018 thanks to the U.S. corporate tax rate changing from 35 percent to 21 percent and plans to cut rates for its 144,000 customers. 

Enstar’s move is among the latest by companies on how they intend to use the benefits from the recently enacted Tax Cuts and Jobs Act of 2017. 

Enstar hasn’t determined yet the amount its customers’ rate will go down, said spokeswoman Lindsay Hobson. 

Enstar to cut rates with $5M benefit from 2017 tax reform

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