The Michigan Public Service Commission (MPSC) today approved two settlement agreements reconciling the 2008 power supply costs of Northern States Power Company and Cloverland Electric Cooperative.

In Case No. U-15403-R, the settlement agreement found that Northern States Power Company had a total over-recovery of $241,236.  That amount will be rolled into the company's 2009 power supply cost recovery (PSCR) reconciliation.

The utility and the MPSC staff participated in the settlement agreement proceeding.

In Case No. U-15406-R, the settlement agreement found Cloverland Electric Cooperative had an under-recovery of $147,239, which it will roll into its 2009 PSCR reconciliation.

The utility and the MPSC staff participated in the settlement.

The MPSC is an agency within the Department of Energy, Labor & Economic Growth.

Case Nos. U-15403-R and U-15406-R