MI · electric · U-21488
Closed case·Complete·Authorized
No case narrative is published.
Jul 23, 2024
Not scheduled
Case stage
complete
Filed
Not recorded
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Jul 23, 2024
Rates effective
Current stage
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
No fixed recurring interval
A utility files when it seeks a base-rate change. The MPSC's general framework does not impose a common annual or multi-year filing cycle, but it requires a final Commission decision within 10 months of the application.
Rate period: Filing-specific forecast, historical support, and standard rate-case schedules.
Governing rule ↗Between full reviews
Power and gas supply cost recovery
Variable surcharge · annual reconciliation
PSCR and GCR surcharges recover fuel, purchased power, transmission, and gas-supply costs above the amount in base rates. Actual costs are reconciled annually after a prudence review.
Governing source ↗Investment Recovery Mechanism
Utility- and order-specific
An approved IRM can fund specified distribution investments between general rate cases. Collections and actual spending are reconciled under the terms of the utility's Commission order.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $3.96M Annual utility request | $2.5M Total company rate-case request or Commission-authorized outcome · Jul 23, 2024 | +$1.46M |
| Rate base | $62.26M Projected test year ended June 30, 2025 · Jun 30, 2025 | Not available Authorized value not captured | — |
| Return on equity | 11.91% Total company rate-case request or Commission-authorized outcome · Jul 23, 2024 | 9.85% Alpena Power authorized return on common equity under the approved amended settlement. · Jul 23, 2024 | — Not compared: scope differ |
| Common equity ratio | 48.88% Projected test year ended June 30, 2025 · Jun 30, 2025 | Not specified The approved Alpena Power amended settlement states authorized ROE and overall return but does not state an authorized common-equity ratio. · Jul 23, 2024 | — Not compared: scope, period differ |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
1 event · 2 documents · 4 citations
Material filings, hearings, orders, and effective dates.
Jul 23, 2024
Final order issued
official commission · completed
Docket and evidence documents linked to this proceeding.
MPSC final order approving the Alpena Power U-21488 amended settlement
evidence · direct · Jul 23, 2024
Alpena Power U-21488 application exhibits
evidence · direct · Dec 11, 2023
Field-level excerpts and review metadata supporting material facts.
MPSC final order approving the Alpena Power U-21488 amended settlement
commission final order · Jul 23, 2024
Alpena Power U-21488 application exhibits
utility rate application schedules · Dec 11, 2023
Alpena Power U-21488 application exhibits
utility rate application schedules · Dec 11, 2023
MPSC 2024 Annual Report
commission filing · Jul 23, 2024
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Common equity ratio | authorized | Michigan Public Service Commission | — | Not specified | |
| Common equity ratio | utility request | Alpena Power Company | Projected test year ended June 30, 2025 | 48.88% | |
| Rate base | utility request | Alpena Power Company | Projected test year ended June 30, 2025 | $62.26M | |
| Return on equity | authorized | Michigan Public Service Commission | — | 9.85% | |
| Annual revenue change | authorized | party-commission | — | $2.5M | |
| Annual revenue change | utility request | Alpena Power Company | — | $3.96M | |
| Return on equity | utility request | Alpena Power Company | — | 11.91% |