September 30, 2014

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September 29, 2014

Amended Renewable Energy Plan Yields Rate Reductions

DTE Energy has filed an amended renewal energy plan with the Michigan Public Service Commission that proposes $90 Million in rate reductions. These are reductions to the renewable energy surcharge imposed under state law requiring a 10 percent renewable energy supply by 2015. The 85 percent reduction in surcharges will affect all customers, with the following proposed changes:

  • Residential: from $3.00 to $0.43 per meter per month;

  •  Commercial: from a range of $4.00 - $16.58 per meter per month to $0.60 - $2.51 per meter per month; and

  • Industrial: from a range of $16.58 - $187.50 per meter per month to $2.71 - $26.68 per meter per month

The company has also announced it will increase its annual $300 million in maintenance expenditures to $350 million in each of the next five years to put in new, modern equipment. The purpose of the increase is to reduce the frequency and duration of power outages.

© 2014 Varnum LLP

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About this Author

Bruce Goodman, Varnum Law Firm, Environmental Attorney
Partner

Bruce Goodman practices environmental law, energy law and construction law. His environmental expertise includes air quality permitting work, compliance counseling on air emissions, state and federal enforcement defense issues, and environmental management program development. His energy expertise includes negotiating numerous electric power sales agreements, both for wholesale sellers of energy and for retail consumers of energy, state rate cases, developing municipal energy tariffs, and energy project permitting....

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