How We're Keeping Costs Down
We’re working together with businesses like yours to manage costs.
The electric and natural gas services we deliver are regulated by the Michigan Public Service Commission (MPSC). In general, rates include three costs:
We work to provide reliable, safe and economical energy services and offer a variety of rate options to serve your unique needs. Like all Michigan utilities, the electric and natural gas services we deliver are regulated by the Michigan Public Service Commission (MPSC).
Your power supply charges include the costs to create and move the electricity over high-voltage transmission lines.
Your energy costs are directly related to the amount of electricity you use, measured in Kilowatts (kW) and/or kilowatt-hours (kWh), and the time of year when you use it. For example, the price may be lower during the winter months (October – May) because demand is usually lower.
During summer months (June -September), the price may increase because demand is usually higher. The increased demand for electricity makes it more expensive to create or buy. Higher summer prices encourage people to limit their use, helping minimize everyone’s costs.
Delivery service charges are the costs to provide you with services and local energy distribution. They include:
Your business has three types of charges on its natural gas bill: gas cost recovery, distribution and customer costs.
The following is an 18-month review of the Gas Cost Recovery charges, including our current month price per Mcf.
|Month/Year||Price/Mcf - Gas Cost Recovery|