MPSC Approves Settlement Agreement Authorizing Consumers Energy Company to Reconcile Certain Electric and Natural Gas Residual Balance Amounts

 

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



August 29, 2013 - The Michigan Public Service Commission (MPSC) today approved a settlement agreement authorizing Consumers Energy Company to reconcile certain electric and natural gas utility residual balance amounts, as previously approved in Case No. U-16759.

Under the terms of the settlement, residential natural gas customers using 100 ccf of natural gas a month will see a decrease of $4.53 on their October bill; residential electric customers using 500 kilowatt-hours of electricity a month will see an increase of 27 cents on their October bill.

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

Case No. U-17174

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