LARA MPSC approves $100M Consumers Energy increase on electric rates to boost reliability and address aging infrastructure while maintaining affordability MPSC approves $100M Consumers Energy increase on electric rates to boost reliability and address aging infrastructure while maintaining affordability FOR IMMEDIATE RELEASE December 17, 2020 Customer Assistance: 800-292-9555 The Michigan Public Service Commission today approved a $100 million increase in the electric rates for customers of Consumers Energy, a reduction by more than half of what the utility had requested (Case No. U-20697). Consumers had sought an increase in its electric rates of approximately $254 million, which would have a total impact to customers of $289 million because of the company’s proposed expiration of the Tax Cuts and Jobs Act (TCJA) Calculation C concurrent with the inclusion of those amounts in the requested rates. Consumers said it was asking for the rate increase to fund replacement and modernization of its electric distribution system infrastructure as well as the utility’s work to meet its clean energy goals by eliminating coal-fired electricity generation and reducing carbon emissions.