Consumers Energy, DTE Electric to Return $162 Million in Federal Tax Cut Savings to Michigan Customers
The Michigan Public Service Commission approved the second round of federal tax cut adjustments, called Credit B, requiring Consumers Energy Company and DTE Electric Company to return about $69.7 million and 92.8 million, respectively, to their electric customers beginning this month. With this ruling, the commission has ordered $228 million in Credit B refunds, in…