Ratemaking


A Michigan Court of Appeals on Thursday overturned a state Public Service Commission (PSC) decision to allow DTE Energy a $37 million rate increase to pay for smart meters.

According to a story in the Detroit Free Press, the court said DTE hadn’t provided enough evidence to justify the rate increase. “We will not rubber stamp a decision permitting such a substantial expenditure – a cost to be borne by the citizens of this state – that is not properly supported,” said the written opinion of the three-judge appeals court panel. Keep reading →