Consumers Energy Gas Rate Case U-21806 (2025)

Decided: September 30, 2025

Approved return on equity: 9.8%

Approved overall rate of return: 5.99%

Approved revenue requirement increase: $157.49 million

Approved residential class rate increase: 8.1%

Requested return on equity: 10.25%

Requested overall rate of return: 6.2%

Requested revenue requirement increase: $248 million

Requested residential class rate increase: 12%

Time period: Nov. 1, 2025 – Oct. 31, 2026