MPSC Spurns Consumers Energy on Investment Recovery Mechanism, Cuts Rate Hike by 36.4%

The Michigan Public Service Commission (MPSC) authorized (Case No. U-17735) Consumers Energy on November 19 to increase its electric rates by $130 million annually, effective December 1. As a result, residential customers using 500 kilowatt-hours (kWh) of electricity a month will see an increase of $1.28 … Read more…

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