Approved return on equity: 9.9% (requested by utility: 10.5%) Approved overall rate of return: 5.67% (requested by utility: 5.9%) Approved revenue requirement increase: $100 million (requested by utility: $244 million) Approved residential class rate increase: 8.3% (requested by utility: 14%) Events: The Citizens Utility Board (CUB) of Michigan is an intervenor in this case. In […]
Consumers Energy Electric Rate Case U-20697 Read More »
Approved return on equity: 9.9% (10.5% originally requested by the utility) Approved residential rate increase: 9% (18.5% requested) Approved revenue requirement increase: $144.5 million for the period Oct. 1, 2020 to September 30, 2021 ($245 million requested). Part of the decline from $245 million is due to $84.5 million in accelerated amortization of deferred liabilities related to tax
Consumers Energy Gas Rate Case U-20650 Read More »
Approved return on equity: 9.9% (10.5% requested by DTE in its original filing) Approved revenue requirement increase: $110 million ($203.8 million requested) Approved residential rate increase: 3.9% (8.3% requested) Events On Aug. 20 the MPSC approved a settlement agreement reached the previous month between DTE Gas and the following parties: the staff of the MPSC, Attorney General Dana Nessel,
DTE Gas Rate Case U-20642 Read More »
Approved return on equity: 9.9% Approved overall rate of return: 5.46% Approved revenue requirement increase: $188.285 million Requested return on equity: 10.5% Requested overall rate of return: 5.73% Requested revenue requirement: $351 million Latest News The MPSC approved DTE’s rate increase on May 8, 2020, but with major revisions of DTE’s original request: The revenue to be collected from customers was cut from
DTE Electric Rate Case U-20561 Read More »
Return on equity: 9.86% Overall rate of return: 6.08% Revenue requirement increase: $36.4 million Requested return on equity: 10.5% Requested overall rate of return: 6.34% Requested revenue requirement: $58.5 million Here are a few things we think are important for you to know about this case if you are an Indiana Michigan Power (I&M) customer: In January 2020,
Indiana Michigan Power Rate Case U-20359 Read More »
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 »
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 »
