DTE Requests $622M Rate Hike, Citing Clean Energy Efforts
The Center Square YT
•March 3rd, 2023
DESCRIPTION
Michigan taxpayers might have to foot the bill for the state’s clean energy goals if DTE Energy is permitted to impose a $622 million rate hike. The utility's request seeks to hike residential rates by 13.9%, commercial rates by 11.5%, and industrial rates by 7%. DTE asked for the new rate hike effective as of Dec. 10 to recover costs of increased investments, carbon reduction plans, and attempting to comply with the state’s clean energy goals. Join The Center Square's Regional Editor Bruce Walker and Managing Editor Tom Gantert.
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