MPSC Approves Settlement Agreement Directing Consumers Energy to Refund $1.6 Million to Its Natural Gas Customers

Contact:  Judy Palnau, 517-241-3323
Agency:  Michigan Public Service Commission

January 31, 2013 - The Michigan Public Service Commission (MPSC) today approved a settlement agreement that authorizes Consumers Energy Company to refund $1,580,000, including interest, to its natural gas customers during the March 2013 billing month.

The refund comes because the utility's self-implemented rate increase was more than the final amount approved by the MPSC.

As a result, residential natural gas customers using 100 hundred cubic feet (ccf) of natural gas a month will see a decrease of 53 cents on their March bill.

After the refund is complete, the utility will reconcile any residual balances remaining after the March 2013 billing month using the residual balance mechanism approved by the Commission in Case No. U-16759.

The MPSC is an agency within the Department of Licensing and Regulatory Affairs.

Case No. U-16855

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