State OKs rate hike for DTE Electric payers after reliability improves

robot
Abstract generation in progress

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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)