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MI · gas · U-21981

Consumers Energy — 2025 general rate case

Bottom line

This record retains the utility's annual request and stated customer impacts. The Michigan Attorney General's active-case table confirms the proceeding remains open, but the reviewed sources do not provide a future hearing or decision date.

Case summary

Consumers Energy filed a natural-gas rate application seeking a $240 million annual increase. The state consumer advocate describes the request as nearly a 10% increase for gas customers, including an 8% increase for residential customers. No Commission authorization is recorded.

Latest development
Natural-gas rate application filed

Dec 16, 2025

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

filed

  1. Filed

    Dec 16, 2025

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Not recorded

  6. Rates effective

    Not recorded

State rules

Base-rate reviews and adjustment mechanisms in Michigan

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 ↗
View the full Michigan regulatory framework →

Current case economics

Economics

Filed request and any outcome captured in this docket.

MetricUtility requestCurrent case outcomeLike-for-like difference
Annual revenue increase

$240M

Annual utility request

Not available

No outcome yet

Rate base

$12,490M

Projected test year ending October 31, 2027 · Dec 16, 2025

Not available

No outcome yet

Return on equity

10.25%

Projected test year ending October 31, 2027 · Dec 16, 2025

Not available

No outcome yet

Common equity ratio

43.33%

Projected test year ending October 31, 2027 · Dec 16, 2025

Not available

No outcome yet

Residential bill impact

Not specified

Projected test year ending October 31, 2027 · Dec 16, 2025

Not available

No outcome yet

Utility context

Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.

Annual revenue change

authorized · Prior authorized observation · Sep 30, 2025

$157.5M

Common equity ratio

authorized · Common equity in the authorized ratemaking capital structure; equivalent to 50% on a financial basis. · Sep 30, 2025

41.95%

Rate base

authorized · Natural-gas distribution rate base. · Sep 30, 2025

$11,490M

Return on equity

authorized · Natural-gas distribution base rates. · Sep 30, 2025

9.8%

Full docket record

1 event · 3 documents · 2 citations

View record
Last updated
Jul 20, 2026
Docket reviewed
Jul 20, 2026
Economics reviewed
Jul 20, 2026
Official documents
3
Evidence citations
2

Docket history

Material filings, hearings, orders, and effective dates.

  1. Dec 16, 2025

    Natural-gas rate application filed

    procedural inference · completed

Documents

Docket and evidence documents linked to this proceeding.

Michigan Public Service Commission e-Dockets case page for U-21981

official docket · primary ·

Open document ↗

Michigan Attorney General announcement of Consumers Energy gas filing

evidence · primary · Dec 17, 2025

Open document ↗

Consumers Energy gas rate-case investor summary — U-21981

evidence · direct · Dec 16, 2025

Open document ↗

Citations

Field-level excerpts and review metadata supporting material facts.

Consumers Energy gas rate-case investor summary — U-21981

utility rate case exhibit · Dec 16, 2025

Michigan Attorney General announcement of Consumers Energy gas filing

consumer advocate document · Dec 17, 2025

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence
Revenue changeutility requestConsumers Energy Company10%
Revenue changeutility requestConsumers Energy Company8%
Annual revenue changeutility requestConsumers Energy Company$240M
Residential monthly bill impactutility requestConsumers Energy CompanyProjected test year ending October 31, 2027Not specified
Common equity ratioutility requestConsumers Energy CompanyProjected test year ending October 31, 202743.33%
Overall rate of returnutility requestConsumers Energy CompanyProjected test year ending October 31, 20276.4%
Rate baseutility requestConsumers Energy CompanyProjected test year ending October 31, 2027$12,490M
Return on equityutility requestConsumers Energy CompanyProjected test year ending October 31, 202710.25%