LANSING, Mich. — The Michigan Public Service Commission has approved a rate increase for Consumers Energy meaning— in total— an additional $155M for electric customers.
A typical customer using around 500 kilowatt hours a month will see an increase of about $2.10, or 2.06% on their monthly bill.
New rates go into effect January 20th.
Consumers is providing a one-time $15M refund to apply to customer bills for a monthly credit for a year.
There will also be money made available to help customers in need.