Tuesday, February 9, 2010

Electric customers: 86 million, Consumers Energy: 0 Thank you MEC

From today's Jackson Citizen-Patriot:

"State regulators have ordered Consumers Energy to repay its electric customers about $86 million after finding the utility improperly kept the money as general revenue......James Clift, policy director for the Michigan Environmental Council, which was one of several groups involved in the case against Consumers, said they had been raising the issue with the MPSC for eight years. Clift said the way Consumers was handling the money was a 'financial gimmick.' 'It's been a long time coming' Clift said."

http://www.mlive.com/news/jackson/index.ssf/2010/02/state_regulators_order_consume.html

 http://www.michigan.gov/mpsc/0,1607,7-159-16400_17280-231260--,00.html

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