rate decreases

Michigan Utility Company Must Refund $39 Million To Overcharged Customers

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.