MPSC OKs Move To Ease Consumers Energy Customer Bills, Allows Utility To Spread Out Higher Costs For Generating Electricity
February 24, 2023
February 24, 2023
LANSING, Michigan, Feb. 24 -- The Michigan Public Service Commission issued the following news release:
The Michigan Public Service Commission authorized a mid-year step to lower Consumers Energy Co.'s power supply cost recovery (PSCR) factor for the 2023 plan year, approving a temporary order that will lower electric bills for customers amid a period of higher costs for natural gas the utility uses to generate power.
Consumers had projected a 2022 PSCR underrecove . . .
The Michigan Public Service Commission authorized a mid-year step to lower Consumers Energy Co.'s power supply cost recovery (PSCR) factor for the 2023 plan year, approving a temporary order that will lower electric bills for customers amid a period of higher costs for natural gas the utility uses to generate power.
Consumers had projected a 2022 PSCR underrecove . . .