Consumers Energy isn’t Affordable, Especially Amidst a Pandemic

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2020 has brought challenges to every corner of the economy. With many people struggling to find the funds to keep the lights on, power providers, such as Consumers Energy, should be focusing on helping make electric bills more affordable. However, in Consumers latest case with the Michigan Public Service Commission, they are requesting approval to raise the rates for residential customers by 14 percent. Is that “affordable”?

“Affordability” is defined by industry experts as when no more than three percent of a household’s monthly income goes toward electricity costs. An analysis done by an expert on behalf of the Attorney General of Michigan, Michigan Environmental Council, Natural Resources Defense Council, Sierra Club, and Citizens Utility Board of Michigan found that the majority of Consumers Energy’s low-income ratepayers pay well over that 3% threshold making Consumers Energy already unaffordable, more so if their requested rate increase goes into effect.

Read more about this issue and what you can do about it here and here.

 

 

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Olson, Bzdok & Howard
420 East Front Street
Traverse City, MI 49686

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Olson, Bzdok & Howard
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