Michigan PSC approves DTE renewable energy expansion, rate stabilization plans
The Michigan Public Service Commission (MPSC) last week approved DTE Electric plans that will stabilize electric rates through 2022 and expand its wind and solar-based holdings.
The stabilization is particularly notable, as it follows a three-month moratorium on service interruptions and a $30-40 million bill reduction for electric customers in June and July. Despite the hits to the utility by the pandemic, its latest plan calls for current electric rates to be maintained through 2022. According to the company, it’s a move meant to help customers recover first.
“Today’s decision will allow DTE to continue to prioritize affordability for our customers as