cubmichigan

Energy bill

MPSC Proposal for Financial Rewards to Utilities Faces Opposition

Regulations that punish utilities for poor performance is perhaps what Michiganders need the most to get more accountability and better electric reliability. But utilities are steering the regulatory process to craft new regulations toward weak and self-serving rules. Now that process is getting the spotlight it deserves with a recent Detroit News article that reports on how […]

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2023 Utility Performance Report cover

CUB of Michigan Releases 2023 Utility Performance Report

The new Utility Performance Report for 2023 is the latest edition of CUB’s annual series reporting federal data on how Michigan electric and gas utilities stack up to utilities around the country on performance on key reliability, affordability and environmental metrics (Blog posts here and here provide some interesting detail about last year’s report). This year’s report stands out for two

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Consumers Energy Gas Rate Case U-21490 (2024)

Approved return on equity: 9.9% Approved overall rate of return: N/A Approved revenue requirement increase: $35 million Approved residential class rate increase: 1.5% Requested return on equity: 10.25% Requested overall rate of return: 6.2% Requested revenue requirement increase: $136 million Requested residential class rate increase: 5.7% Time period: Oct. 1, 2024 – Sept. 30, 2025

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DTE building

Administrative Law Judge Questions Cost- Effectiveness, Credibility of DTE Rate Case Proposal

A promising sign recently came in DTE’s pending electric rate case when an administrative law judge released a strongly-worded proposal for decision (essentially a recommendation for the Michigan Public Service Commission [MPSC]) finding that nearly half of the rate hike that DTE is asking for should be rejected. The judge agreed with arguments from CUB and other

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CUB October 2023 Newsletter

In this issue we report promising developments in DTE’s pending rate case, continuing discussion of performance-based regulation to make Michigan less vulnerable to outages, and more. News Source: JK Nair. Administrative Law Judge Questions Cost-Effectiveness, Credibility of DTE Rate Case Proposal A promising sign recently came in DTE’s pending electric rate case when an administrative law

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Energy bill

Performance-Based Regulation in Michigan: What To Do, and What Not To Do

The Citizens Utility Board (CUB) of Michigan is working to ensure that penalties on utilities for poor electric reliability are paid to Michigan residents who are most harmed by power outages and that utilities do not get rewarded for substandard performance as part of a proposed new regulatory construct. CUB laid out its stances in comments recently

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Indiana Michigan Power Electric Rate Case U-21461 (2024)

Approved return on equity: 9.86% (last rate case was 9.86%) Approved overall rate of return: 6.03% (last rate case was 6.08%) Approved revenue requirement increase: $17.3 million (last rate case was $36.4 million) Approved residential class rate increase: 4.66% (last rate case was 15.03%) Requested return on equity: 10.5% Requested overall rate of return: 6.42%

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