🥊 energyequityproject.org/iou-tko-reso...
🥊 energyequityproject.org/iou-tko-reso...
MPSC has granted DTE Electric a 9.9% ROE, return on equity, on the 10.25 or 10.5% requested in all four rate cases finalized since 2020. If their proposed rate increase of $574 million is approved, 18.6% of that, $107 million, will go straight to ROE.
MPSC has granted DTE Electric a 9.9% ROE, return on equity, on the 10.25 or 10.5% requested in all four rate cases finalized since 2020. If their proposed rate increase of $574 million is approved, 18.6% of that, $107 million, will go straight to ROE.
We found that DTE's 33 hardest hit census tracts spend 7.7% of their incomes on electricity (double the affordability threshold).
We found that DTE's 33 hardest hit census tracts spend 7.7% of their incomes on electricity (double the affordability threshold).
🙄 Surprise, surprise, when a program can actually have a meaningful long term impact on affordability, DTE caps enrollment. 1,000 slots means this program serves just 0.2% of low-income customers.
🙄 Surprise, surprise, when a program can actually have a meaningful long term impact on affordability, DTE caps enrollment. 1,000 slots means this program serves just 0.2% of low-income customers.
More than 1 in 4 customers DTE classified as low-income was shut off from April 2022 – April 2024.
This is a clear indication that its low-income programs are failing to ensure continuous access to energy.
More than 1 in 4 customers DTE classified as low-income was shut off from April 2022 – April 2024.
This is a clear indication that its low-income programs are failing to ensure continuous access to energy.
The Better Business Bureau website is riddled with reviews like these. Failure to deal with live wires, wrongful shutoffs, etc. Know of any other industries where this type of negligence is met with a huge raise?
#Reject_DTEs_Rate_Case #11x11
The Better Business Bureau website is riddled with reviews like these. Failure to deal with live wires, wrongful shutoffs, etc. Know of any other industries where this type of negligence is met with a huge raise?
#Reject_DTEs_Rate_Case #11x11
"More than 13% of DTE Electric customers experienced four or more interruptions in 2023, and nearly 45% experienced interruptions of eight hours or more," according to a 3rd party audit commissioned by the MPSC.
"More than 13% of DTE Electric customers experienced four or more interruptions in 2023, and nearly 45% experienced interruptions of eight hours or more," according to a 3rd party audit commissioned by the MPSC.
This week DTE reported a 14% bump in Q2 earnings vs 2024, due largely to the last rate increase MPSC approved. Somehow that's *still* not enough. They've proposed an 11% residential rate increase, but for industrial customers? Just 5.6%.
This week DTE reported a 14% bump in Q2 earnings vs 2024, due largely to the last rate increase MPSC approved. Somehow that's *still* not enough. They've proposed an 11% residential rate increase, but for industrial customers? Just 5.6%.
How can you ensure that your rate increases pass year after year? Why not buy out the politicians?
"Of Michigan’s 148 state senators and representatives, 138 – almost all of them – have logged campaign contributions from DTE’s Political Action Committee (PAC)..."
How can you ensure that your rate increases pass year after year? Why not buy out the politicians?
"Of Michigan’s 148 state senators and representatives, 138 – almost all of them – have logged campaign contributions from DTE’s Political Action Committee (PAC)..."
💲💲💲💲💲💲💲💲💲💲💲
Hmmm, DTE is asking for a $574,000,000 rate increase.
Does our monopoly utility really need that? Investors seem happy as it is. In the last six quarters on record, DTE stock has risen 54%, from $89 to $137 per share.
💲💲💲💲💲💲💲💲💲💲💲
Hmmm, DTE is asking for a $574,000,000 rate increase.
Does our monopoly utility really need that? Investors seem happy as it is. In the last six quarters on record, DTE stock has risen 54%, from $89 to $137 per share.
DTE came in at Number 3 on the Powerless in the US report from @EPI, Center for Biological Diversity, and BailoutWatch. See the report here: energyandpolicy.org/utility-disc...
#Reject_DTEs_Rate_Case, #11x11
DTE came in at Number 3 on the Powerless in the US report from @EPI, Center for Biological Diversity, and BailoutWatch. See the report here: energyandpolicy.org/utility-disc...
#Reject_DTEs_Rate_Case, #11x11
🤡This is clown-with-a-chainsaw scary.
For the next 11 days, we'll share 11 reasons why MPSC should #Reject_DTE's_Rate_Case!
We're an expert witness in the case and compiling these into testimony with Soulardarity and WeWantGreenToo.
🤡This is clown-with-a-chainsaw scary.
For the next 11 days, we'll share 11 reasons why MPSC should #Reject_DTE's_Rate_Case!
We're an expert witness in the case and compiling these into testimony with Soulardarity and WeWantGreenToo.
Join us for a webinar on the new EEP State Factsheets—covering energy affordability, shutoffs, and electric rates in your state.
Registration link in the comments.
#EnergyEquity #UtilityJustice #EnergyAffordability #DataForGood #EEPFactsheets
Join us for a webinar on the new EEP State Factsheets—covering energy affordability, shutoffs, and electric rates in your state.
Registration link in the comments.
#EnergyEquity #UtilityJustice #EnergyAffordability #DataForGood #EEPFactsheets
Register here: umich.zoom.us/webinar/regi...
Factsheets: tinyurl.com/eepfactsheets
Register here: umich.zoom.us/webinar/regi...
Factsheets: tinyurl.com/eepfactsheets
Rates skyrocketed 47.9% ABOVE INFLATION for residential customers served by an IOU (2020-2023).
📊Learn more about rates in your state: lnkd.in/eDYTGkyy
📅 Register for our upcoming webinar: lnkd.in/esyck9Wv
Rates skyrocketed 47.9% ABOVE INFLATION for residential customers served by an IOU (2020-2023).
📊Learn more about rates in your state: lnkd.in/eDYTGkyy
📅 Register for our upcoming webinar: lnkd.in/esyck9Wv
Behind these numbers are real families facing impossible choices between heating, food, medicine, and rent.
📊 We’re breaking down the latest data in our new state factsheets: drive.google.com/drive/folder...
Behind these numbers are real families facing impossible choices between heating, food, medicine, and rent.
📊 We’re breaking down the latest data in our new state factsheets: drive.google.com/drive/folder...
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energyequityproject.org/wp-content/u...