The average 7 14 monthly bill increase.
Dte electric rate increase.
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.
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.
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.
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.