LANSING - The Michigan Public Service Commission today authorized DTE Electric Co. to implement a $30,557,000 rate increase effective Nov. 25 (Case No. U-20836). DTE Electric in January filed an application seeking a $388 million rate increase, to recover increased investments in its generation and distribution systems to improve safe and reliable electric service to
LANSING - The Michigan Public Service Commission today approved a settlement agreement that permits Northern States Power Co. of Wisconsin (NSP) to raise its electricity rates by $1.7 million in its service territory in two western Upper Peninsula counties. The settlement agreement (Case No. U-21097) approves a total revenue requirement of $2,530,513, with a return
LANSING - The Michigan Public Service Commission approved a substantially reduced rate increase of $27,118,000 for Consumers Energy Co.’s electric operations, a nearly 88 percent reduction from the $225 million the utility had originally requested. A typical residential customer who uses 500 kilowatt hours of electricity per month will see an increase of 59 cents (0.64%) on their monthly
LANSING - The Michigan Public Service Commission today approved a $110 million rate increase for DTE Gas Co., the result of a settlement agreement that reduced by more than 46 percent the increase on the utility’s 1.2 million residential and commercial customers. DTE Gas in November 2019 sought a $203.8 million rate increase, a request the company later reduced
LANSING - Consumers Energy on Thursday announced a rate increase of 4.2 percent for all of its customers, residential and business, averaging about $4.09 per month for the typical home. In March, the utility filed a $225 million request with the PSC to adjust its electric rate structure but has since come down to $170
