LANSING, Mich. (WLNS) — The Michigan Public Service Fee (MPSC) authorised a $153,809,000 electrical fee enhance for Customers Vitality Friday, lower than half its unique requested enhance.
The rise is anticipated to take impact on April 4. The everyday residential buyer utilizing 500 kWh a month will see a rise of $2.78 (2.79%) on their invoice, in accordance with MPSC.
The precise enhance you will note in your invoice will differ primarily based on utilization.
Customers initially requested a mixed $325 million—$303 million by means of a fee enhance and $22 million in a 12-month surcharge. The authorised fee request is simply over 52% lower than the corporate’s unique request and comes a bit of over a yr after the MPSC authorised a earlier fee enhance.
Michigan Lawyer Basic Dana Nessel testified within the lengthy authorized course of surrounding the speed enhance arguing that Customers ought to obtain not more than $82.9 million—or a 1.8% enhance.
The fee additionally authorised a number of investments they are saying are supposed to enhance the reliability of the electrical grid and scale back outages, together with $125,086,000 for tree trimming and $86,347,000 for funding into low voltage line reliability.
Excessive voltage traces and system modernization have been additionally listed among the many investments, although no quantity was listed.
