The 188 million increase by dte electric which has 2 2 million customers in southeast michigan is 3 93 a month 4 7 more for a typical residential customer using 500 kilowatt hours of.
Dte electric rate increase.
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Bzdok noted that dte s rate hike plan also includes a requested increase in their return on equity their authorized profit margin allowed by regulators from the 10 approved in may to 10 5.
The news comes after the mspc previously approved a 188 3 million rate increase for dte a 4 7 percent rate increase for dte customers in early may.
Dte electric ok d for rate increase that will boost resident rates by 4 7 granted 188 3 million rate increase 47 lower than requested included in rate increase are infrastructure improvements.