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The 6-3 ruling hinders federal efforts to regulate carbon emissions in U.S. power plants. But environmentalists and utilities say the state’s 2016 reforms of energy law will help Michigan continue its shift away from fossil fuels.
Commercial and industrial revenue fell for Michigan utilities when the COVID-19 lockdown closed factories and other businesses. Can they recoup their losses through rate hikes? Or should stockowners bear that burden?
Michigan House Democrats are pushing package of bills to crack down on utility companies responsible for days-long power outages in Southeast Michigan and statewide.
Meanwhile, Consumers Energy residential customers will see a rate hike in January.
Dec. 23—The state of Michigan on Wednesday approved requests by the state's two largest electric utilities to provide special rates for high-volume industrial customers in an effort to help Michigan compete for advanced manufacturing plants, including for electric vehicles and their components. The Michigan Public Service Commission also approved a hike in residential