The department of revenue has issued a revised Excise Tax Advisory 2002.16.179 Low-density light and power utility deduction (ETA 2002). This advisory explains the public utility tax deduction provided by RCW 82.16.053 to qualifying power and light businesses.
RCW 82.16.053 requires that the department determine the state average electric power rate each year and inform taxpayers of this rate. This rate is used by the power and light business to compute the amount of the deduction. The revised ETA 2002 updates the information to provide the rate to be used for the period of July 2007 through June 2008.
A copy of this advisory is available via the internet at http://dor.wa.gov/content/FindALawOrRule/RuleMaking/Actions.aspx. Alternatively, a request for a copy of this advisory may be directed to Roseanna Hodson, Interpretations and Technical Advice Division, P.O. Box 47453, Olympia, WA 98504-7453, phone (360) 570-6119, fax (360) 586-5543.
Alan R. Lynn