On Tuesday, Congresswoman Carol Miller (R-WV) led a roundtable discussion with industry leaders on the Repair Expenditures Support Infrastructure, Labor Investment, Energy Needs, and Creates Equity Act of 2025 (RESILIENCE Act of 2025). This bipartisan bill, introduced by Congresswoman Miller and Brad Schneider (D-IL), aims to allow utilities to deduct repair costs from the Corporate Alternative Minimum Tax.
Congresswoman Miller stated, “The Inflation Reduction Act picked winners and losers in energy production, and hard-working Americans suffered the most by having to pay more for everything, including utilities. The Resilience Act of 2025 would fix the unfair tax treatment of utilities under the Corporate Alternative Minimum Tax by allowing regulated utilities to fully deduct repair expenditures. This bill would increase energy affordability for consumers and ensures tax fairness, ultimately creating a more resilient and reliable energy grid.”
The RESILIENCE Act is supported by several organizations including American Water, the Edison Electric Institute, Appalachian Power, Exelon, and FirstEnergy.
Christine Keck from American Water commented on hosting Congresswoman Miller at West Virginia American Water: “Water utilities are capital-intensive industries. American Water and other providers invest billions to maintain and improve their systems… As it stands without a repairs adjustment, costs for utilities are increased. Congresswoman Miller’s legislation would codify this adjustment.”
Kristen Siegele from the Edison Electric Institute noted that electric companies make significant investments in maintaining grid reliability: “We appreciate Representative Miller hosting a roundtable with industry and labor stakeholders… This important bipartisan bill will support our industry’s ability to enhance grid reliability while helping to keep customer bills as low as possible.”
Appalachian Power highlighted past severe weather damage: “Allowing Appalachian Power and other utility companies to deduct the cost of critical repairs saves our customers money… Securing this common-sense solution for these activities would free up funds to invest in other areas of our operations.”
Exelon expressed gratitude towards Representatives Miller and Schneider: “The RESILIENCE Act of 2025 addresses a critical tax fairness issue and will help lower energy costs for our customers.”
Chris Beam from FirstEnergy emphasized the importance of repair investments: “Repair and maintenance are critical investments that provide a reliable and resilient electric grid… The RESILIENCE Act will allow electric companies to deduct these investments.”
