Monday, October 31, 2005
Public Service Commission Grants Rate Increases
Crain's Detroit Business reports that the Michigan Public Service Commission gave Detroit-based MichCon permission to raise rates on November bills to $11.38 per thousand cubic feet of gas, 12% over the current $10.09 but below the $13.10 requested. The MPSC also allowed Semco Energy Gas to raise rates 15% (from $9.62 to $11.27). The PSC has not yet acted on a Consumers Energy Co. rate request.
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