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Michigan’s 2 biggest utilities push rate increases

AP Wire • Jul 21, 2015 at 11:11 AM

The Michigan Public Service Commission on Thursday authorized Detroit Edison to increase its electric rates by $174.9 million annually, raising customers’ bills by 1.5 percent starting Oct. 29. The utility had asked to increase rates by $443 million, or 4 percent, but the commission said that wasn’t justified.

Consumers Energy wants to raise its electric rates by $195 million and is awaiting the commission’s ruling. The commission must act by Dec. 8 or Consumers can implement the rate increase.

June data from the U.S. Energy Information Agency shows that Michigan electric customers already pay more than customers in Indiana, Illinois, Ohio and Wisconsin.

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