Here's why Consumers Energy is increasing its peak-hour summer rate
Consumers Energy implemented a new summer pricing program that increases rates 50% during peak hours. Serving 1.6 million residential homes, Consumers Energy’s new rates will take place from 2-7 p.m., the times with the highest energy usage, every weekday from June 1 through September. “The idea is that energy is much more expensive at those certain times of day,” said Consumers spokesperson Brian Wheeler. “You know, if you imagine a 90-95 degree day in Michigan in the summer, that’s when homes are turning on their air conditioners, and so the demand for electricity can double o...
Source: hollandsentinel.com