How hard is it to get a raise of $29,211,000? If you’re Consumers Energy, all you had to do was ask!

Yes, as a monopoly provider (all utilities are monopolies) of natural gas they told Michigan Public Service Commission (MPSC) regulators they want to spend $90,000,000 next year on improvements.

After review, the MPSC approved the $29 million. Consumers will increase all their customer’s bills to collect this amount and margin on it! Yep, a utility ONLY makes money by spending money. So, the MPSC will make sure the money is spent on system improvements and not just new conference centers.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Additional Information:

http://wlns.com/2017/07/31/consumers-energy-gets-green-light-for-rate-hike/