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State OKs rate hike for DTE Electric payers after reliability improves
The Michigan Public Service Commission approved a 4.6% rate hike for DTE Electric customers, effective March 5, to fund continued distribution system upgrades and tree trimming. The increase, which will add $4.93 to a typical residential customer’s monthly bill, aims to build on improved reliability. The $242 million revenue gain from the rate hike is significantly less than the $574 million DTE initially requested.