Consumers Energy Electric Rate Case U-21585 (2024)

Decided: March 21, 2025

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