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JLARC: public-utility energy-assistance tax credit reimburses diminishing share of assistance
Summary
JLARC told the House Finance Committee the public-utility tax credit for low-income home energy assistance reimburses a shrinking portion of assistance and likely does not drive utilities to provide more aid.
The Joint Legislative Audit and Review Committee reported to the House Finance Committee on Jan. 14 that Washington’s public-utility tax credit for home energy assistance reimburses utilities for up to 50% of assistance but likely does not increase the amount of assistance utilities provide to low-income customers.
Pete Van Moorsel, JLARC staff, summarized: "The legislative auditor concludes that utilities are providing more home energy assistance to low income families, but the tax credit likely does not influence the amount of energy assistance that is provided."
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