Michigan Gas Utilities 2021 rate case
U-20718 · Opened —
Closed
complete
Michigan Gas Utilities Corporation
MI · gas
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Sep 26, 2024 | Michigan Gas Utilities 2024 rate case U-21540 · Natural gas Compare stagesROE Authorized 9.86% → Utility request — | 9.86% Authorized · Sep 26, 2024 | 50% Authorized · Sep 26, 2024 | $509.07M Utility request · Mar 1, 2024 |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Common equity ratio | Sep 26, 2024 | authorized | 50% | Authorized common-equity share of the overall capital structure |
| Rate base | Mar 1, 2024 | utility request | $509.07M | Projected 13-month-average test-period rate base ending December 31, 2025 |
| Return on equity | Sep 26, 2024 | authorized | 9.86% | Authorized return on common equity for retail natural-gas base rates effective January 1, 2025 |
| Annual revenue change | Sep 26, 2024 | authorized | $7.92M/year | Total company rate-case request or Commission-authorized outcome |
| Annual revenue change | Sep 26, 2024 | utility request | $17.58M/year | Total company rate-case request or Commission-authorized outcome |
| Return on equity | Sep 26, 2024 | utility request | — | Total company rate-case request or Commission-authorized outcome |