High School Football Scoreboard

Utility plans $478M work at nuclear plant, wants rate hike

BRIDGMAN, Mich. (AP) — A utility is planning $478 million in infrastructure improvements at Cook Nuclear Plant in southwestern Michigan and is asking for higher rates to help pay for it.

Fort Wayne, Indiana-based Indiana Michigan Power says the work at the plant along Lake Michigan would take place in 2019-2020.

The utility on Monday submitted its plans to the Michigan Public Service Commission for review. The “Michigan Plan ” would also update poles and wires; add more new equipment to lines, substations and homes; and trim trees.

The utility is asking the Michigan Public Service Commission to review base rates for an overall increase of about $58.5 million, or nearly 19%. The company says the monthly increase for a typical residential customer who uses 1,000 kilowatt hours of energy per month would be $36.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

2 comments

  • J.B.

    Gee Sure…Just increase my electric bill by 20% because you want to do “renovations”…
    I guess i will just have to tell my boss that he has to give me a 20% raise to cover it…
    No problem at all, right?…..

  • BS

    Aren’t these utility companies supposed to budget for improvements in the rates that they already charge the customer? We are already paying for maintaining/improving the distribution system.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.