MPSC authorizes $217,380,000 in additional revenue for DTE …

Jan 23, 2025 · The Michigan Public Service Commission today authorized DTE Electric Co. to increase revenue by $217,380,000, approving a significant amount of investment aimed at …

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MPSC Authorizes $217,380,000 In Additional Revenue For DTE …

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Jan 23, 2025 · The Michigan Public Service Commission today authorized DTE Electric Co. to increase revenue by $217,380,000, approving a significant amount of investment aimed at …

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MPSC Approves $368M Rate Increase For DTE Electric ... - State Of …

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Dec 1, 2023 · The Michigan Public Service Commission today approved a $368 million rate increase for customers of DTE Electric Co., a reduction of more than 40% from the $622 …

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MPSC Approves 2.28% Average Increase In Bills For ... - State Of …

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Nov 7, 2024 · The Michigan Public Service Commission today approved a $113,788,000 rate increase for DTE Gas Co. (Case No. U-21291), a 57% reduction from the amount the utility …

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Michigan Commission Approves $217 Million Electricity Rate Hike …

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Jan 24, 2025 · The approval comes more than a year after the Michigan Public Service Commission granted DTE a $368 million increase in December 2023. ... through 2025, which …

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MPSC Approves DTE Rate Hike, But Slashed It By Nearly 60% - WNEM

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Nov 8, 2024 · The Michigan Public Service Commission approved less than half of DTE’s initial rate increase request of $266 million, saving customers more than $150 million.

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Michigan Public Service Commission Approves Rate Increase For …

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Dec 2, 2023 · A $368 million rate increase for customers of DTE Electric Co. was approved Friday by the Michigan Public Service Commission .

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Michigan Commission Approves $217 Million Electricity Rate Hike …

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Jan 25, 2025 · The Michigan Public Service Commission approved a $217.4 million electricity rate hike for DTE Energy. ... through 2025, which DTE says will offset the $4.61 rate increase that …

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MI Commission Grants DTE Energy Rate Hike: Here's What That …

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Dec 2, 2023 · The commission last approved a DTE Energy rate hike in November 2022, when officials granted the utility a $30.5 million increase, which amounted to a roughly 71-cent …

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MPSC Approves $30.5M Rate Increase For DTE Electric Co. - State Of …

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Nov 18, 2022 · The Michigan Public Service Commission today authorized DTE Electric Co. to implement a $30,557,000 rate increase effective Nov. 25 (Case No. U-20836). DTE Electric in …

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Michigan Regulators Slash DTE Energy’s Gas Rate Hike

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Nov 14, 2024 · The Michigan Public Service Commission granted DTE a $113.8 million gas rate increase, roughly 42% of the $266 million the utility requested. This will add about $2 to the …

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DTE Energy Rate Hike Approved By Michigan State Commission

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Jan 27, 2025 · State regulators approved another DTE rate hike Thursday, the first since a $368 million hike in December 2023.. Why it matters: The average customer's monthly electric bill …

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MPSC Approves Much Smaller Rate Increase For DTE After Activists …

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Nov 21, 2022 · The Michigan Public Service Commission authorized last week DTE Electric Co. to implement a $30.6 million rate increase effective Friday — but that’s significantly less than …

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DTE Gets $30.5M Rate Increase Approved By Michigan Public …

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Nov 18, 2022 · The Michigan Public Service Commission approved a $30.5 rate increase for DTE on Friday, which was 10% of what the company had asked for when it sought a $388 million …

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MPSC Approves $84M Rate Increase For DTE Gas Co., 57% Lower …

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FOR IMMEDIATE RELEASE Dec. 9, 2021. Media Contact: Matt Helms 517-284-8300 Customer Assistance: 800-292-9555 Michigan.gov/MPSC Twitter. The Michigan Public Service …

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DTE Energy Celebrates Energy Assistance Expansion, Thanks

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4 hours ago · Increase the eligibility of MEAP funds so that any Michigander at or below 200% of the Federal Poverty Level would be eligible. ... but can be adjusted by the Michigan Public …

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Renewable Energy And Electrification Infrastructure Enhancement …

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Public Comment Period End Date. May 9, 2025. Modified Proposals Due. May 27, 2025. ... MPSC OKs $17.3M rate increase for Indiana Michigan Power Co. to fund efforts to boost reliability, …

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FAQs about MPSC authorizes $217,380,000 in additional revenue for DTE … Coupon?

How much will a DTE rate increase cost Michigan?

FOX 2 (WJBK) - The Michigan Public Service Commission approved a $368 million rate increase for customers of DTE Electric Co. on Friday. Today’s approval of a $368,115,000 rate increase, a typical residential customer who uses 500 kilowatt hours of electricity per month will see an increase of $6.51, or 6.38%, on their monthly bill. ...

Why did DTE request a $388 million rate increase?

DTE Electric requested a $388 million rate increase in January to recover increased investments in its generation and distribution systems, aimed at improving safe and reliable electric service to its 2.3 million customers in southeast Michigan. ...

Why did DTE request $622 million?

DTE, one of the state’s largest energy companies, requested $622 million to fund reliability upgrades and transition to cleaner energy sources. According to a statement from the company, the increased rates will help support its plan of improving reliability by 60% over the next five years. ...

Why did the Commission approve funding for DTE Electric?

The Commission also approved funding for the company’s strategic capital program to improve reliability and modernize the grid. Noting safety issues with abandoned arc wire in Detroit, the Commission approved funding for DTE Electric’s efforts to harden the city’s 4.8 kV grid. ...

How will DTE's fuel rate increase impact customers?

According to DTE's estimate, customers would see an increase of $2.56 per month due to the $300 million reduction in fuel costs expected in 2024. The Public Service Commission approved DTE's rate hike requested for. ...

When will DTE's rate increase go into effect?

The approval comes more than a year after MPSC granted DTE a $368 million increase in December 2023. With the rate hike, DTE customers using 500 kWh can expect to see a $4.61, or 4.65%, increase, according to a news release. The increase will go into effect on Feb. 6. MPSC approved 48% of DTE's original increase request. ...