Michigan Psc Approves Consumers Gas Rate Hike Alongside Savings For 10

Michigan Psc Approves Consumers Gas Rate Hike Alongside Savings For 10 The commission last approved a natural gas rate increase for consumers energy in august 2023 for $95 million. separately, the mpsc authorized an amended settlement agreement that permits alpena power co. to implement a $2.5 million rate increase with the utility agreeing not to seek to raise rates again before 2026 (case no. u 21488). Consumers’ most recent gas rate increase of $170 million was approved in july 2022. michigan gas utilities . the commission also approved a settlement agreement permitting mgu to raise its natural gas base rate $9.9 million (case no. u 21366). that amount is more than 48% lower than the $19.1 million increase sought by the utility to fund.

Michigan Public Service Commission Approves Settlement In Consumers Through consumers energy, a customer using 100 ccf of natural gas monthly could see an increase of $4.20, or 4.2%, starting oct. 1, according to mpsc. customers using 100 ccf of natural gas. The michigan public service commission (mpsc) on wednesday approved a settlement in a natural gas rate case for consumers energy, one of the state’s largest electric companies. according to the department of the attorney general, consumers energy provides electricity to approximately 1.9 million customers throughout michigan and natural gas to 1.8 million customers across the […]. 0:45. a typical residential consumers energy natural gas customer will see an increase of $4.20 on their bill beginning in october after the state body that regulates utilities approved a $95. Lansing, mi – on friday, march 1st, 2024, the michigan public service commission (mpsc) released its final decision in the consumers energy 2024 rate case. in its decision, the mpsc approved a rate increase of just over $92 million, less than half of consumers energy’s originally requested $216 million. the mpsc approved a return on equity.