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DTE Filed its DTE’s Charging Forward Status Report for Q1 2024

 As background, DTE Electric requested that the Michigan Public Service Commission (PSC) authorize an adjustment to retail rates for generation and distribution of electricity to provide additional revenue in the amount of $328 million annually. The application includes, among other items, a change in residential rate design to a time-of-use-based charge, a Weekend Flex pilot program (allowing fixed weekend charges), a Fixed Bill pilot program (allowing fixed monthly charges), and an electric vehicle program. The broad application also includes a proposed distributed generation tariff for new customer onsite generation. Existing customers may continue to use the company’s net metering tariff, but it can be assumed that they will eventually be transitioned to this newly proposed tariff as net metering is phased out in Michigan. The new tariff proposes an inflow/outflow model under which customers would purchase electricity at the retail rate and sell electricity to the utility at the locational marginal price, which is the cost at which energy is traded at wholesale markets. Under net metering, customers are reimbursed at retail rates. Also, a new system access contribution would apply to new distributed generation customers in the amount of $2.31 per kW of installed capacity for residential customers ($2.28 for commercial).

U-20162 (Opened 07/19/2018)
In the matter of the Application of DTE Electric Company for authority to increase its rates, amend its rate schedules and rules governing the distribution and supply of electric energy, and for miscellaneous accounting authority.