consumers energy rate increase 2020

The new rates take effect Thursday. DTE Energy is also giving $1 million to the fund. For the past few years, Consumers Energy has been shifting greater amounts of its costs onto residential ratepayers. Consumers requested the rate increase in February and is working through the Michigan Public Service Commission approval process. Consumers is also committed to spending $100 million in 2020 and $150 million on replacing aging pipes. The state also recorded 11 more deaths linked to the virus. That means a residential customer who uses 500 kilowatt hours of electricity per month will see their monthly bill increase about $1.62. On Wednesday, the Michigan Public Service Commission OK’d a $99 million rate increase for the utility company. This is the second straight year Consumers Energy rates have increased.

Overall, the utility’s proposed rate increase is just 5.8 percent. As part of the agreement reached, Consumers Energy has agreed to not file for another rate increase before Jan. 1, 2020. Attorney general balks at $244 million Consumers Energy electric rate increase, She believes the company should get less than one-tenth of that and spread it more evenly between residential, commercial and industrial customers, HS Football - Valley Lutheran at Freeland, HS Football - Carrollton at Bullock Creek, $100-million Saginaw Schools bond proposal aims to overhaul district, Genesee County organization launches roundabout study, Saginaw Arson Watch volunteers, police ready for Angel's Night, Otisville pastor succumbs to COVID-19, community remembers her loving and giving spirit, mailto:jayne.e.berklich@abc12.com - (810) 233-3130. All rights reserved. GRAND RAPIDS, Mich. (WOOD) — Michigan has confirmed an additional 3,168 coronavirus cases, according to data released by the state Friday afternoon, as the state deals with a surge in its outbreak. Nessel argues on behalf of customers during the rate deliberations. The near $100-million bond proposal would clear the way for two new buildings and repairs to existing schools intended to counter a decade of declining enrollment, with its student body projected to shrink by nearly two thousand by the mid-2020s, according to the district’s figures.

The settlement agreement includes a 9.9% authorized ROE and continued use of partial revenue decoupling for Consumers Energy's natural gas utility operations. Copyright 2020 Nexstar Inc. All rights reserved. In October 2019, rates increased by $6.11 per 100 cubic feet.

The Citizens Utility Board (CUB) of Michigan — a nonprofit, nonpartisan group representing residential ratepayers — believes it is unfair to force average households to pay the price for the utility’s efforts to retain lucrative customers. Beginning with your January 2020 statement, the back of your bill will show "Rate Code: 1001" if you are on the new residential electric rate. But there is a disconnect between this rhetoric and the reality.

Why does Consumers Energy want to keep squeezing residential households while going easy on industrial customers? A new Flint hotel faces challenges as they open for business during a pandemic, A new Flint hotel faces economic challenges. She also believes commercial and industrial customers should see a larger share of the rate hike, so residential customers only see a 1% increase. Instead of taking the company at its word, the public and regulators should require Consumers Energy to live up to its rhetoric about “affordable” energy. Only commercial and industrial customers have been able to switch to an alternative supplier. LANSING, Mich (WLNS) — If you get your electricity from Consumers Energy, you could be seeing a hike in your bill soon. Many were Black Americans whose communities were disproportionately devastated by the virus. Copyright 2020 WJRT. Time to stop over-criminalizing by charging misdemeanors for civil infractions, Passing additional relief for COVID-19 is our mission, mandate and problem to solve, Library Card Sign-up Month is a good reminder that CADL membership is magical, Your California Privacy Rights / Privacy Policy. 2019 Natural Gas GRC: Fitch considers the outcome of Consumers Energy's 2019 natural gas GRC to be balanced, resulting in a $144 million increase in base rates effective Oct. 1, 2020.

It is not likely about keeping employers in state —Michigan already has competitive rates for industrial customers compared to the rest of the region. Attorney General Dana Nessel is pushing back against a 14% rate increase for residential Consumers Energy customers, which would allow the utility to collect $244 million more annually. There was no word on when the MPSC will make a decision on Consumers’ rate increase request or when it would take effect, if enacted. This material may not be published, broadcast, rewritten, or redistributed. This is the most current information available, though we are able to show current (today’s rates) for states that have deregulated energy markets. DETROIT (AP) — Every day feels like a raw wound for Omari Barksdale. Robert Nelson is the president of the Citizens Utility Board of Michigan. Now, in the midst of a severe recession and pandemic, the company is proposing to place even larger burdens on ordinary residential households by asking regulators for approval to raise the average rates for residential customers by 14 percent – which would be the biggest residential rate hike either requested by the utility or approved by regulators, in roughly a decade. As part of the agreement reached, Consumers Energy has agreed to not file for another rate increase before Jan. 1, 2020. “A 14 percent rate increase during a time when people are struggling with job loss and economic hardships is too much,” said Nessel. January 2019 Electricity Prices That’s because Michigan law allows a capped amount of a utility’s customers to switch to a competitive, alternative electric supplier. The original version of this article appeared on WLNS.com. Sean Connery, actor who played James Bond, dies at 90, Suspect leads police on chase through downtown Grand Rapids, 1 person seriously injured in 2 car crash in Kalamazoo, US agency sets rules for cruise ships to start sailing again, Forest Hills Central dominates Northern, advances to 2nd round of playoffs, Herb Adderley, cornerback great with 6 NFL titles, dies, Fresh off suspension, Hinch takes over as Tigers manager, Football Frenzy highlights: Oct. 30, 2020, Hart High School football team makes playoffs for 1st time, Police search for missing Grand Rapids man, Muskegon clerk spots ‘irregularities’ in voter registration applications, 7-year-old Detroit girl dies after drive-by shooting at home, 415 Franklin: How $23M is transforming the old GR Christian HS, GR clerk busy with registrations as election nears, How coronavirus surge, nearing election affects gasoline demand, Police plan extra patrols at Kalamazoo polls, More than 3,000 more coronavirus cases confirmed in Michigan, Doctor ‘worried people are losing sight of goal’ of COVID-19 mitigation, Election emerges as referendum on race relations in America, West Michigan clerks aim for Wednesday finish in historic vote count. Energy Charges Explained Natural Gas Plans More than 4 million people in 45 Michigan counties rely on Consumers Energy for their natural gas service, making us one of the nation's largest natural gas distribution companies.

“I am fighting this exorbitant rate increase request and asking the MPSC to significantly reduce it.”. According to the Energy Information Administration, residential electricity rates have increased nationally by around 15% in the last 10 years (an increase of a little more than 0.2¢/year). The proposal fits with the historical pattern — the utility’s residential rates have gone up 35.5 percent overall from 2009 to 2018, while industrial rates rose by just 4.9 percent and commercial rates went up 30.5 percent over the same period.

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