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Michigan Approves New Default Service Rate

October 28, 2015

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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

The Michigan PSC approved the 2015-2016 gas cost recovery (GCR) factor for Michigan Gas Utilities Corporation.

For the 12-month period ending March 2016, MGUC's approved GCR factor is $3.5273 per thousand cubic feet (Mcf).

This reflects a commodity charge of $3.0005 per Mcf and a reservation charge of $0.5268 per Mcf.

The reservation charge is also applicable to retail suppliers

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