DTE To Raise Energy Rates

DETROIT (WWJ) – From gasoline to groceries —  the cost of just about everything is going up.  Now you can add “power” to the list. 

DTE Energy was given the green light, Tuesday,  to raise electric rates by more than $100 million a year.

WWJ spoke with DTE Spokesman Len Singer who said the hike is a quarter of what was requested.

“The increase will take effect on April 28th. But the Public Service Commission continues to look at this rate issue, and actually as another six months before they have to make a final decision on the request that we made,” Singer said.

“We’re really aware of how tough the economic times are here, and we’re working really hard to try to minimize the rate increases. But we just can’t offset all of the expenses that our business is facing,” he said.

DTE, earlier this month requested a rate increase of $230 million — down from nearly a half-billion dollars last fall.

Comments

One Comment

  1. Deb Hill says:

    Surprise, Surprise! How about taking company vehicles away from employees who use them for personal use? That’s a start! My employer doesn’t provide me with a vehicle to come to work and neither should I (via my utility rates)!

  2. mike says:

    Crooks. just like the rest of the Utilities. Not going to stop. Once the platform of consumers reaches the poor house all at once, DTE and the rest will be at the Fed window. The rich would rather give charity when they feel like it than stop the gouging of working people. The utilities have run their business far worse than any auto company has and, never received even a similar derision. It’s all about keeping working people under the boot. Hypocrites.

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best 4th Of July Concerts In Metro DetroitStaying home this weekend? Celebrate the 4th of July by rocking out at one of these shows.
Hump Day Drinks: 8 Cheery Cocktail RecipesNow that you've made it through half the work week, it's time to celebrate!

Watch & Listen