Washington DOR Issues Excise Tax Information on BPA Credits Used for Low-Income Assistance, Weatherization

The Washington Department of Revenue (DOR) June 1 issued excise tax information on the Bonneville Power Association (BPA) credits used for low-income assistance or weatherization. The DOR provides that: 1) the credit amounts are received from the BPA for low-income ratepayer assistance and weatherization programs; 2) the amounts may be received as credits against contracts or refunds; and 3) the exemption expires on Jan. 1, 2031. [Wash. Dep’t of Revenue, BPA Credits Used for Low-Income Assistance or Weatherization, 06/01/21]

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