Choice advocates warn of steep rate hikes if Det Ed, Consumers pass along $6 billion

摘要

Michigan electric customers should hrace for steep rate increases - perhaps as much as 15% annually - if Detroit Edison and Consumers Energy are allowed to pass along up to $6 billion in planned renewable energy and energy efficiency investments, a leading electric choice advocate warned last week. Detroit Ed and Consumers, the upper Midwestern state's largest electric utilities, responded that such predictions are premature.