Just the beginning of the massive rate increases, folks. Just the beginning.......DTE Energy: Says Working To Have Its Consumers To Pay Less, Asks To Raise Rates At Same Time

Setting The Record Straight: DTE Energy: Says Working To Have Its Consumers To Pay Less, Asks To Raise Rates At Same Time
DTE Energy: Says Working To Have Its Consumers To Pay Less, Asks To Raise Rates At Same Time

Many of you have heard the DTE  Energy commercials on 

radio and TV stating how they are working to cut costs and want consumers to pay less.  They also state they natural gas prices are the lowest they have been since 2008 and that they buy their natural gas during the summer months when rates are low.   DTE says that they store that natural gas so it is ready for winter.



Well if gas prices are so low and DTE wants us to pay less, why are they seeking a rate increase that could on average raise one's bill by $39 annually?    

Here is the press release DTE snuck out during the slow news period of the holidays and on the slowest news day of any week, a Friday:

Friday December 19th, 2014
DTE Electric, a subsidiary of DTE Energy, has filed its first electric residential rate increase in four years.
 Because of already-planned rate adjustments, commercial and industrial customers will actually see a rate reduction since the last rate case.
 DTE is asking the Michigan Public Service Commission to recover investments made over the last four years to ensure adequate electric supply, improve reliability and install environmental controls at its power plants to reduce emissions...