Michigan Regulators OK Detroit Edison Surcharges
Stock quotes in this article:
DTE
LANSING, Mich. (AP) Michigan regulators have approved a plan to add fees to Detroit Edison Co.'s monthly energy bills so the utility can meet new renewable power and energy-efficiency requirements.
Starting Sept. 1, residential electric customers will pay $3 a month for a renewable energy program. And beginning this week or later, Detroit Edison's customers will pay no more than 64 cents per month for a program designed to reduce electricity usage. The surcharges approved Tuesday are allowed under a 2008 state law enacted by Gov. Jennifer Granholm and the Legislature. Backers say the fees will be offset because fewer coal-fired plants will be built and customers can take advantage of appliance rebates, home energy audits and energy-efficient light bulbs. Detroit Edison is a subsidiary of DTE Energy Co.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.68 | 1,109.24 | 2,185.03 | 33.23 |
Oil *
77.73
|
|
DOWN
18.90
|
UP
0.38
|
UP
9.22
|
UP
0.48
|
10 Yr
3.32%
SPDR Gold
119.18
|
|
-0.18%
|
+0.03%
|
+0.42%
|
+1.47%
|
Data delayed 20 minutes |














