AG Nessel Helps Secure a 75% Reduction in Consumers Energy's Rate Hike and a 99.9% Reduction in Total Residential Rate Impact
July 24, 2024
July 24, 2024
LANSING, Michigan, July 24 -- Michigan Attorney General Dana Nessel issued the following news release on July 23, 2024:
Michigan Attorney General Dana Nessel and other intervening parties reached a settlement, approved today by the Michigan Public Service Commission (MPSC), to reduce Consumers Energy's latest natural gas rate hike by nearly 75%. Consumers Energy initially requested to increase revenues from their ratepayers by $136 million, while this settlement allows for only $35 . . .
Michigan Attorney General Dana Nessel and other intervening parties reached a settlement, approved today by the Michigan Public Service Commission (MPSC), to reduce Consumers Energy's latest natural gas rate hike by nearly 75%. Consumers Energy initially requested to increase revenues from their ratepayers by $136 million, while this settlement allows for only $35 . . .