by
AG Dana Nessel
Michigan Attorney General Dana Nessel isnt happy with DTE's request for an annual electric rate hike of about $450 million, and plans to challenge it.
“This latest rate hike request from DTE is, frankly, absurd in both the astounding dollars and obnoxious timing—requesting yet another $450 million not even four months since their last rate hike was approved,” Nessel said in a statement. “DTE is following their usual playbook, incessant and oppressive rate hike requests not grounded in reality, but rather based on the financial aspirations of their corporate shareholders. "
"DTE’s captive ratepayers in Detroit and elsewhere deserve better than this exploitation, where the utility baselessly demands more and more from their customers without promising anything in return by way of increased reliability or accountability."
Detroit-based DTE on Thursday filed a rate increase request with the Michigan Public Service Commission. The increase would amount to an average monthly hike of $11 per customer. Nessel subsequently filed a notice of intervention with the commission to oppose DTE's request., which it says is to cover grid costs and improvements in service reliability.
