U-20851-0043

Overview

DTE Electric notified the MPSC that its Public Act 295 regulatory liability was negative for September through at least November 2023 and committed not to recover excess VGP and REP costs through PSCR or other retail rates while it remains negative.

Key Points

• •Notice filed under Paragraph 5 of the U-20713 partial settlement and MCL 460.1074
• •Regulatory liability was negative for September and October 2023 and expected negative for November
• •Negative regulatory liability projected to persist for less than 12 months
• •DTE will not collect costs above the Transfer Price for unsubscribed VGP and REP resources via PSCR or other retail charges
• •Company will track those costs until a REP regulatory liability exists or a REP surcharge is instituted