Alpena Power 2021 electric rate case
U-21045 · Opened —
Closed
complete
Alpena Power Company
MI · electric
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Jun 30, 2025 | Alpena Power 2024 electric rate case U-21488 · Projected test year ended June 30, 2025 · Electric Compare stagesROE Authorized 9.85% → Utility request 11.91% Common equity Authorized — → Utility request 48.88% | 9.85% Authorized · Jul 23, 2024 | — Authorized · Jul 23, 2024 | $62.26M Utility request · Jun 30, 2025 |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Common equity ratio | Jul 23, 2024 | authorized | — | The approved Alpena Power amended settlement states authorized ROE and overall return but does not state an authorized common-equity ratio. |
| Common equity ratio | Jun 30, 2025 | utility request | 48.88% | Alpena Power requested permanent-capital common-equity layer. |
| Rate base | Jun 30, 2025 | utility request | $62.26M | Alpena Power total-company projected 2025 test-year rate base. |
| Return on equity | Jul 23, 2024 | authorized | 9.85% | Alpena Power authorized return on common equity under the approved amended settlement. |
| Annual revenue change | Jul 23, 2024 | authorized | $2.5M/year | Total company rate-case request or Commission-authorized outcome |
| Annual revenue change | Jul 23, 2024 | utility request | $3.96M/year | Total company rate-case request or Commission-authorized outcome |
| Return on equity | Jul 23, 2024 | utility request | 11.91% | Total company rate-case request or Commission-authorized outcome |