CUB in the News: Indiana Michigan Power wins $17.3M rate hike as regulators ask utility to ādo betterā
MLive By Lucas Smolcic Larson July 5, 2024 View Article
MLive By Lucas Smolcic Larson July 5, 2024 View Article
Detroit Free Press By Amy Bandyk and Natalie Lyijynen July 4, 2024 View Op-Ed
In testimony recently filed with the Michigan Public Service Commission (MPSC) on behalf of the Citizens Utility Board (CUB) of Michigan, the Natural Resources Defense Council (NRDC) and the National Housing Trust, expert witness Roger Colton, a consultant on utility issues for low-income customers, lays out in detail what should be done to help get
To justify its proposed increase in rate base, Consumers Energy āhas made much of the need to replace old equipment at an accelerated rate,ā according to testimony in the Consumers Energy rate case from 5 Lakes Energy Managing Partner Douglas Jester (also sponsored by CUB, MEC, NRDC and the Sierra Club). But from the standpoint
Consumers Energy Electric Rate Case (U-21389) Read More Ā»
While it may seem at first glance that more money will mean better grid performance, that has not been historically true. Research by the Lawrence Berkeley National Laboratory has āfound no correlation between investor-owned utility distribution capital spending increases and reliability improvement the following year,ā Wired Group President Paul Alvarez said in testimony filed in
DTE Electric Rate Case (U-21297) Read More Ā»
On March 1, the Michigan Public Service Commission (MPSC)Ā approvedĀ Consumers Energyās latest electric rate case with an order that cut the rate increase by about 45% compared to what the utility had proposed. During the MPSCās meeting Commissioner Alessandra Carreon explained one reason why the utility did not get all the spending approved for cost recovery
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 recentĀ Detroit News articleĀ that reports on how
MPSC Proposal for Financial Rewards to Utilities Faces Opposition Read More Ā»
Approved return on equity: 9.8% Approved overall rate of return: 5.8% Approved revenue requirement increase: $113.78 million Approved residential class rate increase: 2.28% Requested return on equity: 10.25% Requested overall rate of return: 6.04% Requested revenue requirement increase: $266 million Requested residential class rate increase: 9% Time period: Oct. 1, 2024 ā Sept. 30, 2025
DTE Gas Rate Case U-21291 (2024) Read More Ā»
The newĀ Utility Performance Report for 2023Ā is the latest edition of CUBās 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 postsĀ hereĀ andĀ hereĀ provide some interesting detail about last yearās report). This yearās report stands out for two
CUB of Michigan Releases 2023 Utility Performance Report Read More Ā»
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 ā Sept. 30, 2025
Consumers Energy Gas Rate Case U-21490 (2024) Read More Ā»