Should Dte Energy Be Allowed To Increase Your Electric Rates Dte energy is asking to raise your power rates. it is planning to turn in a proposal for a 388 million dollar investment into michigan’s energy grid, paid for by customers to the michigan public. In november 2023, dte announced an electric service rate reduction that would save the average household about $5 a month. but a few months later, the utility asked for an increase that would cost.
Electrical Safety Dte Energy With today’s approval of a $368,115,000 rate increase, a typical residential customer who uses 500 kilowatt hours of electricity per month will see an increase of $6.51, or 6.38%, on their monthly bill. the new rates will take effect dec. 15. dte requested a return on equity of 10.25% and a 50% 50% debt to capital structure. According to the energy company, the rate increase request is for $456 million, which will work out to just over $11 per month on average for a residential customer. At all other times, including weekends, the new off peak rate is 15.45 cents per kwh. that’s a change from dte’s current residential rates that range from 15.23 to 17.17 cents per kwh based on. The rate increase request comes about four months after the mpsc approved a $368.1 million electricity rate increase for dte in december. the company had initially requested an increase of about.
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