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MPSC Reconciles Consumers Energy Company's 2006-2007 Gas Cost Recovery Costs

Contact:  Judy Palnau (517) 241-3323


July 29, 2008

The Michigan Public Service Commission (MPSC) today reconciled Consumers Energy Company's 2006-2007 gas cost recovery (GCR) costs and revenues.

The MPSC determined the utility company over-collected $5,333,121 (including interest) that will be returned to customers by rolling that amount into the company's next GCR plan year.

The company filed an application with the Commission on June 29, 2007 seeking reconciliation of its GCR costs and revenues for the period of April 1, 2006 to March 31, 2007 under Public Act 304.

The MPSC is an agency within the Department of Labor & Economic Growth.

Case No. U-14716-R

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