Day: September 30, 2024

Monopolistic Utilities like Consumers Energy are Hiking Rates on Customers Despite Declines in Coal and Gas Prices, and MPSC is not Stopping Them- Why?Monopolistic Utilities like Consumers Energy are Hiking Rates on Customers Despite Declines in Coal and Gas Prices, and MPSC is not Stopping Them- Why?

Here is what Mlive reports dated 9/27/2024: “Michigan electric, gas utilities get approval for multimillion-dollar rate hikes…Rate increases for other Michigan utility customers are still likely in the coming months, as regulators are currently entertaining requests from the state’s two largest power providers, DTE Energy and Consumers Energy, to up electric rates for millions of their customers.” This […]