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MPSC Approves Settlement Agreements Authorizing 2012 Power Supply Cost Recovery Factors for Four Electric Cooperatives

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

February 15, 2012 - The Michigan Public Service Commission (MPSC) today approved settlement agreements with four electric cooperatives authorizing their 2012 power supply cost recovery (PSCR) factors.

In Case No. U-16886, the MPSC approved a settlement agreement authorizing Midwest Energy Cooperative to implement a PSCR factor of up to $0.02905 per kilowatt-hour (kWh) in 2012.  The utility and the MPSC staff participated in the settlement.

In Case No. U-16887, the MPSC approved a settlement agreement authorizing Ontonagon County Rural Electrification Association to implement a PSCR factor of up to $0.00064 per kWh in 2012.  The utility and the MPSC staff participated in the settlement.

In Case No. U-16888, the MPSC approved a settlement agreement authorizing Thumb Electric Cooperative to implement a PSCR factor of up to $0.00098 per kWh in 2012.  The utility and the MPSC staff participated in the settlement.

In Case No. U-16889, the MPSC approved a settlement agreement authorizing Great Lakes Energy Cooperative to implement a PSCR factor of up to $0.01583 per kWh in 2012.  The utility and the MPSC staff participated in the settlement.

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

Case Nos. U-16886, U-16887, U-16888, and U-16889

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