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Michigan Regulator Approves $276.6 Million Consumers Energy Rate Increase to Boost Grid Reliability

The Michigan Public Service Commission on March 27 approved a rate increase for Consumers Energy to support continued investments in electric grid reliability and reduce outage frequency and duration. The decision authorizes a $276.6 million increase in base rates, including $21.7 million in deferred operations and maintenance expenses and $14.6 million tied to cloud computing…...