Consumers Energy Rate Increase 2025. The utility company recently proposed a $303 million annual increase, or 6.5%, which would go into effect in march 2025 if approved by the michigan public service. Consumers energy seeks a rate hike of approximately $303 million annually which, if approved, would take effect in march of 2025.


Consumers Energy Rate Increase 2025

Residential customers will pay about 16.23 cents/kwh in 2025, the u.s. Global electricity demand is expected to rise at a faster rate over the next three years, growing by an average of 3.4% annually through 2026.

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