Approved return on equity: 9.87% Requested return on equity: 10.5% Approved revenue requirement increase: $19.9 million Requested revenue requirement increase: $38.1 million Here are a few things we think are important for you to know about this case if you are a SEMCO customer: SEMCO had requested a 14% increase in residential rates, but residential rates will instead increase […]
SEMCO Gas Rate Case U-20479 Read More »
FOR IMMEDIATE RELEASE: Thursday, May 23, 2019 LANSING – The Citizens Utility Board of Michigan (CUB of MI) today applauds the outcome of an approved settlement agreement sparing residential customers a massive rate hike originally proposed by the Upper Peninsula Power Company in UPPCO Rate Case U-20276 before the Michigan Public Service Commission. UPPCO originally
UPPCO Residential Customers Spared Massive Rate Hike in Settlement Agreement Read More »
LANSING – The Citizens Utility Board of Michigan (CUB of MI), an organization advocating for Michigan residential ratepayers, today issued the following statement regarding the Michigan Public Service Commission’s approval of a rate increase by DTE Energy. “At a time when Michigan residents have the highest electricity costs in the Midwest, this rate increase hits residential customers
DTE rate increase hits residential customers hardest Read More »
From the Michigan Public Service Commission: https://www.michigan.gov/mpsc/0,4639,7-159-16400_17280-494350–,00.html
DTE Energy is the largest electric utility in Michigan, serving about 2.2 million customers in southeastern Michigan. The integrated resource plan (IRP) is intended to be a document that assesses various options to cost-effectively serve the electricity needs of customers over the next 20 years. DTE Energy, U-20471 Latest News On April 15, 2020, the
DTE Electric Company’s Integrated Resource Plan (U-20471) Read More »
LANSING – The Citizens Utility Board of Michigan (CUB of MI) today applauded Attorney General Dana Nessel for standing up for Upper Peninsula energy customers by opposing Upper Peninsula Power Company’s (UPPCO) nearly $10 million proposed rate increase.
Citizens Utility Board of Michigan applauds AG Nessel for standing up for ratepayers Read More »
We look forward to sharing news from our organization.
Launch Annoucement Read More »
LANSING – The Citizens Utility Board of Michigan (CUB), an organization advocating for Michigan ratepayers, announced its launch today. CUB’s mission is to represent the interests of residential energy customers across the state. The organization will educate and engage Michigan customers in support of cost-effective investments in energy efficiency and renewable energy, and hold utility
Ratepayer protection organization launches in Michigan Read More »
An IRP is a comprehensive long-range plan illustrating how a utility will provide reliable, affordable and clean electric service to its customers. UPPCO Case U-20350 On Jan. 21, 2020, a settlement was reached between UPPCO and groups that had criticized elements of its initial IRP (see below for details) such as Michigan Attorney General Dana Nessel,
Upper Peninsula Power Company’s Integrated Resource Plan Read More »
Revenue increase granted: $273.33 million (DTE had originally requested $476.6 million, including the effects of ending a rate reduction from the federal Tax Cuts and Jobs Act) Return on equity: 10% (DTE had originally requested 10.5%) Authorized overall rate of return: 5.48% (DTE had originally requested 5.76%) Here are a few things we think are important for you
DTE Rate Case U-20162 Read More »
