MPSC Approves Settlement Agreement Authorizing Alpena Power Company's 2013 Power Supply Cost Recovery Factor

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

February 28, 2013 - The Michigan Public Service Commission (MPSC) today approved a settlement agreement authorizing Alpena Power Company to implement a power supply cost recovery (PSCR) plan for 2013.

Under the terms of the settlement, the utility is authorized to implement of a PSCR factor of up to 14.40 mills per kilowatt-hour for the 12-month period ending Dec. 31, 2013.

The utility, Citizens Against Rate Excess and the MPSC staff participated in the settlement.

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

Case No. U-17090

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