Michigan Gas Utilities Rate Case U-21540 (2024)

Decided: September 26, 2024

Approved return on equity: 9.86%

Approved overall rate of return: N/A

Approved revenue requirement increase: $7 million

Approved residential class rate increase: 0.7%

Requested return on equity: 10.25%

Requested overall rate of return: 6.22%

Requested revenue requirement increase: $17.6 million

Requested residential class rate increase: 12.06%

Time period: January 2025 to December 2025