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Consumers Energy may raise electric rates $154M in Michigan, regulators say

Summary by Michigan Live

Michigan regulators urged Consumers to consider accelerating its tree trimming schedule as a means to help turn around its historically poor power outage track record.

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Focus Taiwan

Lean Left

Electricity rates could be raised by almost 6% on average - Focus Taiwan

An internal report of state-owned Taiwan Power Co. (Taipower) revealed that the company is seeking the government's approval to raise electricity rates by almost 6 percent on average to make up for a huge loss for the company.

10 days ago·Taiwan

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Lansing State Journal

Center

Michigan panel approves $153.8 million increase for Consumers Energy electric rates

State regulators signed off on another rate hike for Consumers Energy on Friday, approving a $153.8 million increase to the utility's electric rates.

10 days ago

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Michigan Live

Center

Consumers Energy may raise electric rates $154M in Michigan, regulators say

Michigan regulators urged Consumers to consider accelerating its tree trimming schedule as a means to help turn around its historically poor power outage track record.

10 days ago·Michigan, United States

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abc12/WJRT

Center

Consumers Energy hiking electric rates by $153 million annually

The Michigan Public Service Commission has approved a new electric rate hike for Consumers Energy, allowing the company to collect an additional $153.8 million in revenue from ratepayers.

10 days ago·Flint, United States

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SooLeader.com

MPSC approves new $154M Consumers Energy rate hike

While the approved rate hike is 53 per cent lower than Consumers Energy’s original request for a combined $325 million rate hike, due in part to Michigan Attorney General Dana Nessel’s continued advocacy on behalf of ratepayers, it comes on the heels of a previous rate hike approved by the MPSC just 12 months ago

9 days ago

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Planet Detroit

Michigan regulators approve $153.8 million Consumers Energy rate hike

Michigan regulators approved a $153.8 million electricity rate increase for Consumers Energy on Friday, a 52% reduction from the $325 million sought by the company. The approved rates will take effect April 4, adding $2.78 to the average customer’s monthly power bill. This comes just 12 months after the Michigan Public Service Commission approved a […]

10 days ago

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