$154M Consumers Energy electricity rate hike approved by Michigan Public Service Commission

article (Photo by Gerd Altmann from Pixabay)
LANSING, Mich. (FOX 2) – Residents living in Consumers Energy’s electricity service area will soon see their bills increase after the Michigan Public Service Commission (MPSC) approved a rate hike of nearly $154 million.
The approved increase was down about 52% from what Consumers requested. According to MPSC, last spring Consumers requested a $325 million increase that included $303 million through rates and $22 million from a 12-month surcharge. 

Why you should care:
Consumers provides electric service to much of lower Michigan outside of the east side of the state, including the Grand Rapids area. Metro Detroit does not fall into Consumers’ electricity footprint; that area falls under DTE, which also recently had a rate increase approved.
The area that Consumers Energy provides electricity to. (Photo: MPSC)
According to the MPSC, Consumers customers who use 500 kWh a month can expect to see their monthly bills increase by around $2.78 when the new rates take effect on April 4.