MPSC Approves Settlement Agreement Allowing $155M Rate Increase For Consumers Energy Electric Customers
January 20, 2023
January 20, 2023
LANSING, Michigan, Jan. 20 -- The Michigan Public Service Commission issued the following news release:
The Michigan Public Service Commission has approved a seventeen-party settlement agreement that grants a $155 million rate increase for electric customers of Consumers Energy Co., a 43% reduction from what the utility initially sought (Case No. U-21224). Three additional parties signed statements of non-objection.
Consumers initially requested to raise rates by $272 m . . .
The Michigan Public Service Commission has approved a seventeen-party settlement agreement that grants a $155 million rate increase for electric customers of Consumers Energy Co., a 43% reduction from what the utility initially sought (Case No. U-21224). Three additional parties signed statements of non-objection.
Consumers initially requested to raise rates by $272 m . . .