Detroit Edison, Consumers Energy File 2011 PSCR Factors

Detroit Edison has filed with the Michigan PSC a Power Supply Cost Recovery (PSCR) plan calling for a PSCR Factor of (2.98) mills per kWh (i.e., negative 2.98 mills per kWh) in customers' bills for the period January 1, 2011 through December 31, 2011 (U-16434).

This factor represents the amount by which the company's projected fuel and purchased power expense, including transmission, Midwest ISO, and other costs are projected to be lower than Detroit Edison's existing PSCR base of 31.26 mills per kWh during the 2011 PSCR Plan year.

Detroit Edison said that it does not anticipate the Choice Incentive Mechanism becoming an issue in its 2011 PSCR Plan proceeding.

Detroit Edison has not included any contingency adjustments to power supply expense as was proposed in its 2006 PSCR Plan. Detroit Edison's power supply expense has been determined in accordance with a 2011 electric choice sales forecast level of 4,987 GWh.

Consumers Energy filed a PSCR plan for the calendar year 2011 calling for a uniform maximum PSCR factor of $0.00205 per kWh for all classes of customers (U-16432).

In developing its plan, Consumers forecast annual choice deliveries of 3,717,748 MWh for 2011.