Dive Summary:
- The Michigan Public Service Commission has approved Consumers Energy's proposal to refund $23.2 million to its electric customers.
- The refunds will be credited over six months in the form of a 64-cent decrease of customers' monthly bills; the credits will begin in January.
- The refund will be given to customers who use 500 kilowatt-hours of electricity a month and stems from a settlement agreement related to litigation against the U.S. Department of Energy.
From the article:
The refund stems from a settlement agreement related to Consumers Energy's litigation against the U.S. Department of Energy related to spent nuclear fuel.
Consumers Energy provides natural gas and electricity to 6.8 million of Michigan's 10 million residents in all 69 Lower Peninsula counties. ...