February 20, 2009
LANSING -
Attorney
General Mike Cox today announced that his office is intervening in four utility
rate increase cases currently in front of the Michigan Public Service
Commission. The four cases represent a combined $658 million in rate increases,
affecting an estimated four million Michigan customers.
"With Michigan's families and small businesses struggling to keep afloat, any
rate increase must be closely scrutinized," said Cox. "I will continue to fight
for lower rates and a fair playing field for all Michigan families and
businesses."
Cox is intervening in two cases involving Detroit Edison, one case involving
Consumers Energy, and a single case involving Michigan Consolidated Gas Company.
The background for the four cases is as follows:
·
The first
Detroit Edison case involves a $378 million per year general rate increase to
its electricity customers.
·
The
second Detroit Edison case involves $172 million in renewable energy and energy
conservation surcharges to its electricity customers.
·
The
Consumers Energy case is a combined case involving $52.3 million for its
electricity customers and $16 million for its natural gas customers in renewable
energy and energy conservation surcharges.
·
The
Michigan Consolidated Gas Company case involves approximately $40 million in
rate increases to its natural gas customers in renewable energy and energy
conservation surcharges.
Attorney
General Mike Cox has been a strong advocate for Michigan ratepayers, and since
taking office has prevented more than $2 billion in potential rate increases.
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