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MPSC Reconciles Consumers Energy Company's 2008 Power Supply, Other Costs
June 3, 2010
The Michigan Public Service Commission (MPSC) today reconciled Consumers Energy Company's 2008 power supply cost recovery (PSCR) costs.
The utility over-recovered $13,930,249 in 2008, which it will roll into its 2009 reconciliation in Case No. U-15675-R.
For the utility's pension and OPEB costs, the Commission approved a one-time surcharge of $0.002076 per kilowatt-hour (kWh) from bundled customers and $0.001076 per kWh from electric choice customers in its monthly bills to its customers, effective for the July billing month.
Today's order also addresses residual balances from the 2004 and 2005 PSCR proceedings for commercial and industrial customers, who will see a one-time surcharge of $0.00101 per kWh.
The MPSC is an agency within the Department of Energy, Labor & Economic Growth.
Case No. U-15415-R