<< Read Full Article

Regulators OK Surcharges On Michigan Energy Bills

Stock quotes in this article: DTE  

DAVID EGGERT

LANSING, Mich. (AP) — Michigan regulators on Tuesday OK'd adding fees to energy bills so utilities can meet new renewable power and energy-efficiency requirements.

Starting Sept. 1, residential electric customers of Consumers Energy Co. will pay $2.50 a month for a renewable energy program. And beginning June 1, the utility's power customers will pay 71 cents per month for a program designed to reduce electricity usage.

Consumers Energy, the state's second-biggest utility, will charge residential natural gas customers $1.72 a month for the energy-efficiency program. The Michigan Public Service Commission is expected to approve similar surcharges for DTE Energy Co., the state's largest utility, no later than June 2. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,496.37 1,114.72 2,214.65 35.71
Oil *
73.70
UP
44.37
UP
6.79
UP
13.60
DOWN
0.32
10 Yr
3.57%
SPDR Gold
111.53
+0.42%
+0.61%
+0.62%
-0.89%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services