State OKs price increase for consumers energy electric

LANSING, Mich ( WLNS ) – If you get power from consumer energy, you can see a trip in your bill soon.

On Wednesday, Michigan Public Service Commission OK a $ 99 million interest rate increase for the utility company.

This means that a home customer who spends 500 kilowatt hours of electricity per month will see their

The new prices will come into effect on Thursday.

As part of the agreement reached, Consumers Energy has agreed not to submit a new interest rate increase before January 1, 2020.

The original version of this article was displayed on WLNS.com .