Approved return on equity: 9.9% Approved overall rate of return: 5.45% Approved revenue requirement increase: $217.38 million Approved residential class rate increase: 4.65% Requested return on equity: 10.5% Requested overall rate of return: 5.92% Requested revenue requirement increase: $456 million Requested residential class rate increase: 9.6% Time period: January 2025 through December 2025
DTE Electric Rate Case U-21534 (2024) Read More »
Approved return on equity: 9.9% Approved overall rate of return: 5.97% Approved revenue requirement increase: $153.8 million Approved residential class rate increase: 2.79% Requested return on equity: 10.25% Requested overall rate of return: 6.21% Requested revenue requirement increase: $325 million Requested residential class rate increase: 8.2% Time period: March 2025 to February 2026
Consumers Energy Electric Rate Case U-21585 (2024) Read More »
Approved return on equity: 9.7% Approved overall rate of return: 6.57% Approved revenue requirement increase: $1.75 million in 2025, $550,000 in 2026 Approved residential class rate increase: 3.40% Requested return on equity: 10% Requested overall rate of return: 6.75% Requested revenue requirement increase: $2.8 million Requested residential class rate increase: 17.5% Time period: January 2025
Northern States Power Electric Rate Case U-21565 (2024) Read More »
MLive By Lucas Smolcic Larson October 31, 2024 View Article
‘Burden’ or path to reliability? Michigan utilities seek more frequent rate hikes Read More »
MLive By Lucas Smolcic Larson October 28, 2024 View Article
Michigan utilities get high marks for cutting energy use, saving customers $1.4B Read More »
WXYZ By Heather Catallo October 22, 2024 View Article
‘A flat-out money grab.’ DTE customer outraged over cost of new gas meter for generator Read More »
Planet Detroit By Brian Allnutt October 17, 2024 View Article
DTE Energy ghostwriting comments to push $456 million rate hike Read More »
Daily Energy Insider By Kim Riley October 15, 2024 View Article
Michigan regulators approve UMERC rate increase, new DTE Gas pipeline Read More »
Hoodline By Jerry McAllister October 13, 2024 View Article
Press release from Michigan Department of Attorney General LANSING – Yesterday, the Michigan Public Service Commission (MPSC) approved a settlement in Upper Michigan Energy Resources (UMERC) electric rate increase request, announced Michigan Attorney General Dana Nessel. The requested increase was reduced by more than 50% for residential customers due in part to the Attorney General’s intervention. In
AG Nessel Helps Reduce UMERC’s Electric Rate Hike by More Than 50% Read More »
