Michigan Cichlid Association

General Category => General Discussion => Topic started by: jkeeler on January 09, 2014, 10:53:50 PM

Title: DTE Energy to lower rates for electric customers
Post by: jkeeler on January 09, 2014, 10:53:50 PM
I will be saving a couple of hundred, given my higher usage

https://dteenergy.mediaroom.com/2013-12-20-DTE-Energy-to-lower-rates-for-electric-customers

DTE Energy to lower rates for electric customers

Residential customers to save about $80 a year

Dec 20, 2013

DETROIT, Dec. 20, 2013 /PRNewswire/ -- DTE Energy is lowering electric rates by approximately 6.5 percent for its residential electric customers in 2014, due to lower fuel supply costs and on-going efforts to reduce the company's cost structure.

The average residential electric customer will see an annual savings of about $80. Business customer rates will decline by 5.5 – 7.4 percent, depending on their level of service.

In addition to lower fuel costs, the cost of providing energy from wind has also improved. The lower cost of wind power is due to the declining costs to build our wind parks and higher output from those parks. 

DTE's plan calls for an overall reduction of all customer rates – both residential and business – of nearly $300 million a year.

"We are working hard to keep energy costs down for Michigan customers, and are pleased to offer this plan that will save customers money on their bills," said Gerry Anderson, DTE Energy chairman, president and CEO. "We're pleased that the commission approved this plan, which has been made possible by the continued efforts and hard work of our employees to find savings by using continuous improvement, streamlining processes, controlling operating costs and deploying improved technologies."

The plan was reviewed and approved by the Michigan Public Service Commission.

Anderson said the company is very focused on the need to keep electric service affordable. As Michigan's largest electricity supplier and the largest investor in renewable energy in the state, DTE has led its peer electric utilities in controlling operating costs. Between 2007 and 2012, for example, DTE Energy saw zero increase in its operating costs, compared with an average cost increase of 33 percent at its peer electric companies over the same period. 
Title: Re: DTE Energy to lower rates for electric customers
Post by: Ron on January 10, 2014, 07:46:19 AM
Congrats!

(Hopefully Consumers is doing the same.  :-\ )
Title: Re: DTE Energy to lower rates for electric customers
Post by: danielratti on January 10, 2014, 08:31:36 AM
Yeah lets hope they do. I guess they doubled a lot of peoples bills this month
Title: Re: DTE Energy to lower rates for electric customers
Post by: linuxrulesusa on January 10, 2014, 09:04:56 AM
Related to this whole power usage thing, here's some thoughts I typed up re: energy usage.  I would appreciate any comments/corrections to my approach.

http://michigancichlid.com/simplemachinesforum/index.php?topic=4779.0
Title: Re: DTE Energy to lower rates for electric customers
Post by: four_by_ken on January 10, 2014, 11:25:19 AM
I have DTE... any savings is welcome at my house!
Title: Re: DTE Energy to lower rates for electric customers
Post by: jcunningham0295 on January 10, 2014, 11:42:11 AM
I bill went up a decent amount this month.  Hopefully the savings will show soon.
Title: Re: DTE Energy to lower rates for electric customers
Post by: Steve on January 10, 2014, 01:53:34 PM
Good to hear because I know when they changed the meter over to the digital one here about a year ago the bill seems like it went up a good 25% at the same time.