Michigan PSC Approves $92M Rate Increase for Consumers Energy Electric Customers
March 02, 2024
March 02, 2024
LANSING, Michigan, March 2 -- The Michigan Public Service Commission issued the following news release on March 1, 2024:
The Michigan Public Service Commission today approved a more than $92 million increase in rates for electric customers of Consumers Energy Co., including significant emphasis on investments needed to improve reliability (Case No. U-21389).
The $92,009,000 increase is 57.4% lower than the $216 million rate increase the utility sought in its initial app . . .
The Michigan Public Service Commission today approved a more than $92 million increase in rates for electric customers of Consumers Energy Co., including significant emphasis on investments needed to improve reliability (Case No. U-21389).
The $92,009,000 increase is 57.4% lower than the $216 million rate increase the utility sought in its initial app . . .