Americans will save more than $2.8 billion on water, electricity, and gas bills due to rate reductions by utility companies as they pass on savings from the tax cuts approved by Republicans in Congress and signed by President Donald Trump.
According to Americans for Tax Reform, at least 101 utility companies around the country reduced rates for customers based on the windfall from the Tax Cuts and Jobs Act, which reduced the corporate tax rate from 35 to 21 percent.
