Mich.'s Utilities Seek Double-digit Rate Hikes

By DAVID EGGERT

LANSING, Mich. (AP) — Unless state regulators step in, Michigan's two major utilities may raise residential electric bills by double-digit percentages just as many customers are losing their jobs or having an ever-harder time paying their bills.

The typical Consumers Energy household could pay 11 percent more starting in May, adding $10 to their monthly bill and $125 annually.

Beginning in July, Detroit Edison's average resident could pay 11 percent more, or about $7 more per month and $83 more a year. ...