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MPSC Approves Settlement Agreement Authorizing SEMCO Energy Gas Company to Reconcile its 2006-2007 Gas Cost Recovery Revenues and Expenses

Contact:  Judy Palnau (517) 241-3323


March 11, 2008 

The Michigan Public Service Commission (MPSC) today approved a settlement agreement reconciling SEMCO Energy Gas Company's 2006-2007 gas cost recovery (GCR) revenues and expenses.

The settlement found that the utility under-recovered $29,409 from its natural gas customers.  Under the agreement, that amount will be rolled into the company's current 2007-2008 GCR plan.

Today's order also directed the utility to convene a collaborative to discuss its future natural gas purchasing strategies.

The MPSC is an agency within the Department of Labor & Economic Growth

Case No. U-14718-R

 

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