CUB Statement on MPSC Decision in DTE Electric Rate Case U-20836

Source: JK Nair

The Citizens Utility Board (CUB) of Michigan applauds Michigan regulators for its order on Nov. 18 that stands up for residential ratepayers by cutting DTE Electric’s most recent rate increase by over 90% compared to what the utility originally requested.

Earlier this year, DTE filed a rate case with the Michigan Public Service Commission (MPSC) asking for an additional $388 million in revenue, which would have translated to an 8.8% increase in the rates paid by residential customers. The request was later revised down slightly to about $367 million, but would still have represented another entry in a series of rate hikes over the past few years that pushed a greater and greater burden of the utility’s costs onto customers, and, in particular, residential customers, compared to commercial and industrial classes. 

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Energy and Policy Institute

By Karlee Weinmann 

September 28, 2022

https://www.energyandpolicy.org/dte-energy-political-contributions-michigan/

 

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