DTE Energy Reduces Customers' Bills by Passing on $300 Million Savings in Fuel and Transportation Costs
November 18, 2023
November 18, 2023
DETROIT, Michigan, Nov. 18 -- DTE Energy issued the following news release:
DTE Energy's customers will soon see a decrease in their electric bills. DTE will be reducing the Power Supply Cost Recovery mechanism (PSCR), which represents the actual cost of the fuel and other sources the company uses to produce electricity, by approximately $300 million annually. This reduction will go into effect December 1 and will reduce average electric bills for residential customers by approximat . . .
DTE Energy's customers will soon see a decrease in their electric bills. DTE will be reducing the Power Supply Cost Recovery mechanism (PSCR), which represents the actual cost of the fuel and other sources the company uses to produce electricity, by approximately $300 million annually. This reduction will go into effect December 1 and will reduce average electric bills for residential customers by approximat . . .