![]() The goal is to align rates with the actual cost of producing electricity at different times, according to the Michigan Public Service Commission. The new rate structure for DTE and Consumers customers stem from rulings by the Michigan Public Service Commission mandating that the companies transition to the time-of-day pricing mechanism. “We’re encouraging customers to save money by reducing electricity use during this on-peak time, or shifting use to mornings, nights and weekends.” “With this rate, when you use electricity can be just as important as how much you use,” Consumers explained on its website, where it breaks down the pricing mechanism for its customers. The off-peak rates stay the same year-round for both companies. The rest of the day and on weekends, the off-peak rates are set at $0.103 per kilowatt hour. During those peak hours, users can expect to pay $0.158 per kilowatt hour. Outside of those weekend peak hours, customers will be charged a lower rate of $0.1545 per kilowatt hour.Ĭonsumers customers will also see the summer rates go into effect on weekdays starting on June 1 between the hours of 2-7 p.m. The rest of the year, from October 1 through May, the peak hour pricing is set at $0.1675. Under the program, customers of the two utility companies are charged higher prices for the energy they use during peak hours, with an added increase in the summer months, meaning that anyone wanting to crank up their air conditioning during the peak periods will see costs spike.įor DTE customers, electricity will cost $0.2098 cents per kilowatt hour during peak hours, which have been set at 3-7 p.m. ![]() This week’s seasonal change is part of a new pricing mechanism, required by Michigan’s utility regulators, known as "time of use” rates. The increased summer rates kick in Thursday, June 1, and last until the end of September, making it more expensive to use electricity during the late afternoon and early evening hours. Clair will be around 57 degrees and around 60 degrees in Lake Erie.New summer electricity rates go into effect this week for DTE Energy and Consumers Energy customers across the state, just as temperatures are expected to hit 90 degrees for the first time this year. Wave heights will be a foot or less on lakes St. ![]() On Lake Huron, nearshore waves will be about a foot high, and water temperatures will be around 50 degrees. On the lakes, winds will be moving from the east-northeast at 5-10 knots. High temperatures will climb into the upper 80s near 90 between Thursday and Sunday. And that great grilling weather isn’t going anywhere anytime soon.Įxpect sunshine to stick around through the upcoming weekend. Highs will continue rising to the mid-80s on Tuesday and Wednesday. Strong high pressure will remain in place for the next several days, and will bring dry weather and light and variable winds. Monday night will be mostly clear and mild, with lows around 60 degrees. The UV index is very high today, so be sure to use and bring sunscreen if spending time outdoors for Memorial Day. We have a partly cloudy and mild morning to begin what will be a picture-perfect day.įew clouds will give way to plenty of sunshine today. ![]()
0 Comments
Leave a Reply. |