Tag: DTE

As the drum beat for real electric competition picks up, its interesting to see utilities offering reductions in rates.  How convenient and thick with irony is it that as Mike Shirkey starts beating said drum, DTE proclaims accross the board rate cuts! From Crains:

"Last month, DTE announced it would lower electric rates starting this month for business and most industrial customers between 5.5 percent to 7.4 percent and drop residential rates by an average of 6.5 percent. The cuts are expected to save about $80 a year for homeowners and varying amounts for businesses based on usage.

It was DTE's first rate reduction since 2007, when the company lowered base rates by $80 million. "

Yes timing IS everything when attempting to pass legislation that limits consumer choice.  Perhaps its good to look benevolent so that people say "what a nice organization this is," and let up pressure on competition legislation.  It worked in 2007, and monopoly legislation passed. And now that the peasants with pitchforks and torches are approaching,

"Since 2008, requests (and approvals) for rate increases have been nearly four times the historic average. Meanwhile our retail electric energy costs have gone up more than 30 percent, while wholesale costs for electric energy in the Midwest region have gone down almost 50 percent.

Let them eat it.

But you know what they say... the more things change the more they stay the same.  

Lest you lose your footing, your grip on reality or your general intellectual equilibrium, there is evidence in fish-wraps across the state today that things aren't as topsy-turvy as the MEA / Dillon spat might indicate, and what good is a site like Right Michigan if we don't keep you grounded in reality?  

Not that reality is eeeeveryone's strong suit, though, but isn't that about what we've come to expect from paper's like the Ivory Tower?  The state's leading Lefty pub carries an AP story with an interesting headline that proclaims "Teenagers may receive pay raise this week."

Michigan teenagers who have jobs might see a pay raise this week.

Michigan's subminimum wage, a wage paid to employees younger than 18, will jump from $6.55 to $7.25 when the federal minimum wage rises to that rate on Friday.

And they're right, technically, though I couldn't help but be carried away to the bygone days of the Cold War when a two-car automobile race between the Soviets and the United States once produced a Moscow Headline proclaiming- "Soviets finish second, Americans second to last."

Yes.  Some teenagers might get a pay raise this week as the government introduces another bureaucratic regulation on job makers across the country, even here in a state where job makers have become an endangered species. Alas, many teenagers will also get a pretty serious pay reduction this week when their bosses crunch the numbers and decided instead of paying the higher wage they'll do without the seasonal help the rest of the way.

And as teenagers across the state find their jobs no longer exist, their parents back at home suddenly find themselves dealing with skyrocketing prices on their monthly utility bill, thanks in large part to the MEA's whipping boy, Andy Dillon.  The Grand Rapids Press reports on new, and unstoppable, rate hikes headed our way from Consumers and DTE.

Read on...

Who says Motown hasn't had a hit in years (Eminem not withstanding)?  We absorb more and more of them every day.

And thanks, especially, to Andy Dillon and legislative Democrats, cash-strapped Michigan families are about to take another punch to the gut.  The Detroit News reports this morning that Consumers Energy will raise rates again.  This week.  3.5 percent amounting to about $2.99 a month.

Consumers says it needs higher rates to upgrade power lines and equipment, reduce emissions, install software for improved billing and customer service, and develop metering technology to pinpoint outages.

Last June, regulators authorized Consumers to raise the average residential bill $2.64 a month. Detroit Edison, the state's largest utility, could raise electric rates in July, depending on what regulators decide.

In other words, in the last year Consumers has raised rates by 6 percent... ish... and by over $5 a month.  DTE is set to follow suit.  

Amazing what you can do when you've got a legislatively protected monopoly.

Dear Speaker Dillon, any interest in cutting me a $10 check from your personal account every month to cover these rate hikes?  I get that you're the government and I'm not.  You can (and do) use the coercive threat of force to compel $10 from my bank account every month and I don't have that same ability.  That's why I'm applying to your humanity and your sense of fair play. Just be warned... there are millions of Michiganders in line with me hoping you'll whip out that checkbook.

And either way, at least Michigan is maintaining her status as a nation leader in one category or another, even if that category is governmental absurdity and the price it lays on the shoulders of her citizens.  Well, that and Day Time Talk Show Hosts Per Capita... or DTTSHPC.  

Read on...

Especially the way the weekend ended... and with headlines like these greeting me.  There's good news and there's bad news.  The latter in abundance, sadly, but for the sake of general sanity we'll try to limit ourselves to only the most relevant stories.  (And by "most relevant" I mean, of course, the stories that I want to talk about.  Har.)

That means this particular post won't be discussing Peter Luke's dissection of Michigan Democrats local stimulus obstruction (via an MBT kill and other tax relief), how the UAW is dragging its feet on concessions with General Motors and Chrysler, what with the companies already showing a willingness to take "free" tax cash before making tough decisions or even about how the Granholm / Cherry team's pet economic development "success story", United Solar Ovonics has decided they aren't going to be doing all that growing they'd promised in press conferences after all.

Yeah, there's bad news out there.  This is Jennifer Granholm and John Cherry's Michigan, after all, but it isn't all thunderclouds and little black rainstorms. There's some good news out there, too, and, custom dictates I give you that first.

So... how `bout those Spartans?!  Feels good to keep dancing.

And while we're saying nice things about nice people, the Ivory Tower has a swell article this morning about Barsamian Prep Academy's work with expelled students in the D.  But I actually suggest you bookmark that one and come back to it later to help wash the rotten taste of the rest of the news out of your mouth.

Specifically the Associated Press report that DTE and Consumers Energy are going to be raising rates on residential customers by a full (and astronomical) 11%.

Residents and advocacy groups for the poor and elderly oppose the increases.

"I think it is crummy in this time of hardship," says Bonnie Banks, 61, a retired court recorder who splits her time between Ann Arbor and Oscoda and is a power customer of both Consumers Energy and Edison. "Because of the economy and all the layoffs and our high unemployment rate, it seems like there would be an even larger hardship for people."

It will be, Ms. Banks.  

Long-time readers of this blog will quickly attest that I'm NEEEEEVER one to say "I told you so," but... I told you so.

The Democrats in Lansing last year granted DTE and Consumers a monopoly on the energy market in Michigan.  It was a massive pay-off to their special interest pals and came despite warnings of double-digit rate hikes and customers getting pinched six ways from Sunday.  

Competition?  Bah.  Its over-rated, they assured us.

All told, the Dem's pet utilities are expected to raise rates by $593 million a year.  Make no mistake... that is a $593 million a year tax increase courtesy of Gretchen Whitmer, Andy Dillon, Jennifer Granholm and John Cherry.

Thanks, guys.  Really appreciate it.  Because working moms and dads in this state are just rolling extra cash these days.