Explore electric rates your electric energy bill is reflective of the total amount of energy used kwh as measured by an actual meter reading during your billing cycle.
Dte electric rate increase.
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.
The average 7 14 monthly bill 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.
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.