Alaska Power & Telephone ratepayers will likely receive a small refund if the power company complies with an Aug. 24 Regulatory Commission of Alaska order to refund its rate payers.
The commission considers $452,000 of AP&T revenue refundable after the Tax Cuts and Jobs Act of 2017 was signed into law last year. The Act reduced the amount AP&T owed in corporate income taxes—a variable the company uses when setting annual rates. The Act included…