Full Title: Energy Gas Bill Impact Analysis: A Case Study of the Effects of Planned Capital Expenditures and Electrification Trends
Author(s): Stratagen
Publisher(s): Stratagen
Publication Date: September 30, 2023
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Description (excerpt):
The analysis in this report demonstrates that over the next several decades, Consumers Energy’s residential customer gas rates will steadily increase due to projected utility capital expenditures and electrification trends. The total potential bill increases that Consumers’ residential customers may experience, due to capital expenditures and electrification, trends up to approximately 49% by 2030.
In light of these trends, to safeguard the public interest and protect vulnerable customers from being unduly burdened by an overbuilt gas system, public policy must evolve to adequately scrutinize new capital investments in the gas distribution system.