Approved return on equity: 9.90%
Approved residential class rate increase: 3.9%
Requested return on equity: 10.25%
Requested overall rate of return: 6.09%
Requested residential class rate increase: 7.8%
Time period: 12 months ending Sept. 30, 2024
Events:
CUB of Michigan is an intervenor in this case.
Here are a few things we think are important for you to know about this case if you are a Consumers Energy customer:
The rate increase proposed by the company for all customer classes is 7.8%, the same as the rate increase for residential customers only.