Michigan Hiking Energy Prices During ‘Peak’ Hours
View Source | February 9, 2023 7:24 pm
- Two million residential customers of Michigan energy company DTE Energy Co. will be paying more for peak hours on weekdays which they define as 3 to 7 p.m. starting in March, according to the Detroit News.
- They also report that using electricity during off-peak hours will cost everyone less than the current base rate. That is for usage before 3 pm, after 7 pm and on weekends.
- The company says that the “time-of-use” rate from October to May is 16.75¢ per kilowatt hour for peak time and 15.45¢ per kilowatt hour for off-peak time. From June through September the cost is 20.98¢ per kilowatt hour for peak time and 15.45¢ per kilowatt hour for off-peak time.
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