LANSING, MI— The Michigan Attorney General’s Office has intervened in a rate increase request by Upper Peninsula Power Company.
In March, UPPCO filed a request with the Michigan Public Service Commission for a $16.9 million increase in its electric rates. That would have increased residential customers’ rates by 13.6 percent.
Attorney General Dana Nessel and other intervenors worked to reduce the $16.9 million requested increase to $9 million. In addition, the proposed 13.6 percent increase in residential electric rates was reduced to 5.7 percent, a 58-percent reduction.
The settlement also requires UPPCO to donate $200,000 to low-income customers to assist those struggling to pay their electric bills.