Michigan Utility Company Must Refund $39 Million To Overcharged Customers

In Michigan, utilities can increase rates without first getting approval, but that means the Michigan Public Service Commission can later reduce them. That’s what happened on Monday, when the Commission ordered Consumers Energy to refund about $39.6 million to customers it overcharged since last May.

The $39.6 million should be returned to customers by January of next year. The Commission also ordered the energy company to start refunding about $73 million from the sale of its Palisades Nuclear Plant, but there’s no timetable on that.

“Consumers must refund about $39M to customers” [Jackson-Citizen Patriot]
(Photo: tsmall)