Manitowoc Public Utilities customers will notice lower electric bills in coming months. CEO and General Manager Nilaksh Kothari says the reduction will be anywhere between two and four-and-a-half percent depending on customer energy usage. Kothari says multiple factors factored into the reduction which includes lower natural gas prices, investor-owned power suppliers having their corporate tax rate decrease from 35 to 21 percent and lower energy prices in the market. MPU purchases a portion of their overall portion supply portfolio through an agreement with Great Lakes Utilities, a municipal electric company with 12 municipal electric utilities as members. GLC buys power from the power producers that have benefitted from the Federal tax cuts which are required and regulated to pass these savings to their wholesale customers. Kothari adds that MPU is also regulated thus these savings are required to be passed along to retail customers. Savings will be phased in beginning with September billing and fully implemented in November.