Environmental Law & Policy Center: Consumers Energy Rate Case Spotlights Grid Equity & Environmental Justice
March 02, 2024
March 02, 2024
LANSING, Michigan, March 2 -- The Environmental Law and Policy Center issued the following news release on March 1, 2024:
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 of 9.9% and rate of return of 5. . . .
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 of 9.9% and rate of return of 5. . . .