UMERC 2024 electric rate case
U-21541 · Opened May 1, 2024
Closed
complete
Upper Michigan Energy Resources Corporation
MI · electric, gas
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Jan 1, 2025 | UMERC 2024 electric rate case U-21541 · Electric Compare stagesROE Utility request — → Authorized 9.86% | 9.86% Authorized · Jan 1, 2025 | 50% Authorized · Jan 1, 2025 | — Authorized · Jan 1, 2025 |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Annual revenue change | Oct 10, 2024 | authorized | — | Total company rate-case request or Commission-authorized outcome |
| Annual revenue change | Oct 10, 2024 | utility request | — | Total company rate-case request or Commission-authorized outcome |
| Return on equity | Oct 10, 2024 | utility request | — | Total company rate-case request or Commission-authorized outcome |
| Common equity ratio | Jan 1, 2025 | authorized | 50% | UMERC authorized average common-equity component under the U-21541 settlement order. |
| Rate base | Jan 1, 2025 | authorized | — | The WEC post-order disclosure does not publish UMERC's total authorized electric rate base. |
| Return on equity | Jan 1, 2025 | authorized | 9.86% | UMERC authorized electric return on equity under the U-21541 settlement order. |