Upper Peninsula Power Co. Rate Case U-21555 (2024)

Decided: September 26, 2024

Approved return on equity: 9.86%

Approved overall rate of return: N/A

Approved revenue requirement increase: $9 million

Approved residential class rate increase: 5.7%

Requested return on equity: 10.7%

Requested overall rate of return: N/A

Requested revenue requirement increase: $16.9 million

Requested residential class rate increase: N/A

Time period: January 2025 to December 2025