LANSING, Mich. – Michigan regulators have authorized DTE Electric Co. to raise its rates by $65.2 million, or just over half of the $125 million increase the Detroit-based utility implemented in November.
The Michigan Public Service Commission says the 1.4 percent increase over DTE’s last approved rates takes effect May 1.
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The commission says laws that went into effect a year ago abolished the self-implementation option for utilities, and DTE’s is the last rate case where the practice was allowed.
The rates approved Wednesday are 28 percent of the $231 million DTE sought when it filed its rate case in April 2017. The commission says DTE will file a separate case to determine how much it must refund to customers.
The increase includes spending to improve electric infrastructure and reliability for customers.