Michigan Gas Utilities Rate Case U-21366 (2023)

Decided: August 30, 2023

Approved return on equity: 9.80%

Approved revenue requirement increase: $9.9 million

Approved residential class rate increase: 4.99%

Requested return on equity: 10.4%

Requested revenue requirement increase: $19.1 million

Requested residential class rate increase: 8.2%

Time period: Jan. 1, 2024 – Dec. 31, 2024