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The process for raising DTE Energy gas rates is paused while Michigan Attorney General Dana Nessel examines the company's proposal. DTE gas rate hike: Michigan AG examining $266M increase proposal ...
Through the Michigan Public Service Commission, Michigan Attorney General Frank J. Kelley fought Consumers Power's Midland, Michigan nuclear power plant as it drowned in cost overruns in the 1980s. The court battle scuttled the utility’s plans to complete the plant and pass the costs on to rate paying consumers. [5] [6] [7] [8]
Declining prices for natural gas in the early 21st century led to an increase in the number of natural gas power plants. Consumers Energy announced a new 700 MW plant to be built near Flint beginning about 2015, [ 22 ] while the city of Holland replaced its coal plant with a 114 MW natural gas plant. [ 23 ]
Metro Detroit and Michigan drivers are paying more at the pump for a gallon of regular unleaded gas than they did last week. Michigan gas prices see first increase of 2024, edge near $3 a gallon ...
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The cost of a electricity production depends on costs during the expected lifetime of the generator and the amount of electricity the generator is expected to produce over its lifetime. The levelized cost of electricity (LCOE) is the average cost in currency per energy unit, for example, EUR per kilowatt-hour or AUD per megawatt-hour. [3]
The cost estimates were based on installation data from Energy Trust of Oregon. The actual rates paid to the customer-generator were the volumetric incentive rate minus the retail rate. The volumetric incentive rates were to be re-evaluated every six months. The rates for the performance-based incentive program ranged from $0.25/kWh to $0.411/kWh.
The legislation would also increase the gas tax in Michigan by 19 cents. Michigan already has some of the highest vehicle registration costs and gas taxes in the country, currently coming in at 30 ...
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