Regulators Order 3rd Round Of Gas Credits For DTE Customers
State regulators have ordered another credit for natural gas customers of DTE Energy, the result of changes in federal tax law.
The Public Service Commission says a residential gas customer who uses 10,000 cubic feet of natural gas a month will receive a 58-cent monthly credit on their bill beginning in September. Regulators say $333 million will be returned to customers, or $12.7 million a year.
It's the third round of credits for DTE gas customers. They were first ordered in May 2018. Other investor-owned utilities serving Michigan are sharing tax savings with customers.
The credits will be in effect until new gas rates are set with the lower 21 percent tax rate.