MPSC approves nearly $50.3 million in cuts to customer bills from 7 utilities following federal corporate tax reduction

The Michigan Public Service Commission (MPSC) today approved settlement agreements with seven utilities to pass on to ratepayers their savings from the federal tax law rewrite, beginning in July. Three other utilities had no impact from the changes.

 

Click on this link to read the full press release.

 

How the MPSC rulings will affect customers of seven Michigan utilities

Utility

Total annualized amount

Monthly decrease (beginning July 1)

Case No.

Alpena Power Co.

$506,888

$1.52*

U-20101

DTE Gas

$38,200,000

$2.12**

U-20106

Michigan Gas Utilities Corp.

$2,432,814

$1.24**

U-20114

Northern States Power Co. electric

$513,313

None, already part of previous rate case

U-20108

Northern States Power Co. nat. gas

$67,905

$8,905

$0.23 in 2018***

$0.26 in 2019***

U-20109

SEMCO Energy Gas Co.

$5,978,884

$564,717

$1.74**

U-20115

Upper Michigan Energy Resources Corp.

$1,384,745 WEPCO

$593,183 WPSC electric

$27,083 WPSC gas

$1.93*

U-20110

* Rate for residential customer who uses an average of 500 kilowatts a month.
** Rate for residential customer who uses an average of 10,000 cubic feet a month.
*** Rate for residential customer who uses an average of 100 therms a month.