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SOM - MPSC approves amended power purchase agreement, dispute settlement between Consumers Energy and major electricity supplier

SOM - MPSC approves amended power purchase agreement, dispute settlement between Consumers Energy and major electricity supplier
michigan.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from michigan.gov Daily Mail and Mail on Sunday newspapers.

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LARA - MPSC approves $100M Consumers Energy increase on electric rates to boost reliability and address aging infrastructure while maintaining affordability


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 incr ....

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