DTE Requests $622M Rate Hike, Citing Clean Energy Efforts - podcast episode cover

DTE Requests $622M Rate Hike, Citing Clean Energy Efforts

Mar 03, 20234 minEp. 57
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Episode 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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