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Consumers Energy Gas Bill Impact Analysis
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class="blog-post-wrapper cell-wrapper"> <div class="blog-section"> <div class="blog-post-wrapper cell-wrapper"> <div class="section post-header"> <h1><span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text">Consumers Energy Gas Bill Impact Analysis</span></h1> <div id="hubspot-author_data" class="hubspot-editable" data-hubspot-form-id="author_data" data-hubspot-name="Blog Author"> <span class="hs-author-label">Posted by</span> <a class="author-link" href="https://blog.advancedenergyunited.org/reports/author/reports">Reports</a> on Sep 18, 2023 9:00:00 AM </div> </div> <br> <div class="section post-body"> <span id="hs_cos_wrapper_post_body" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="rich_text"><p style="text-align: left;"><strong>Publish Date: September 18, 2023</strong></p> <p style="text-align: left;"><span data-contrast="auto" xml:lang="EN-US" lang="EN-US"><span>The <em>Consumers </em></span><em>Energy Gas Bill Impact Analysis</em></span><span data-contrast="auto" xml:lang="EN-US" lang="EN-US"><span> </span><span>demonstrates</span><span> that</span><span> </span><span>Michigan utility </span><span>Consumers</span><span> Energy’s residential customer gas rates will steadily increase </span><span>over the next several </span><span>decades –</span><span> </span><span>up to </span><span>49% over 2021 levels – </span><span>due to projected utility capital expenditures and </span><span>energy efficiency and </span><span>electrification trends.</span><span> </span></span><span data-ccp-props="{"201341983":0,"335559739":240,"335559740":259}"> </span><!--more--></p> <p><span data-contrast="auto">Consumers Energy, a subsidiary of CMS Energy that provides services for 1.8 million gas and 1.9 million electric customers throughout Michigan, released its 10-year Natural Gas Delivery Plan (NGDP) in December 2020. The NGDP identified $11 billion in capital investment additions to the rate base from 2020 – 2030 meaning that the value of Consumers Energy’s infrastructure called the “rate base,” will nearly double between 2021 and 2030 despite the company projecting almost no customer growth.</span><span data-ccp-props="{"201341983":0,"335559739":240,"335559740":259}"> </span></p> <p><span data-contrast="auto">According to our impact analysis, which considers the Consumers Energy plan along with modest, customer- and market-driven electrification and efficiency efforts among the utility’s customers the total potential bill increases that Consumers Energy residential customers may experience trends up to approximately 49% by 2030. Translated into real dollars, the average monthly residential customer bill was approximately $75 in 2021 and is expected to increase to between $114 and $131 by 2030 based on the status quo. If gas prices return to 2008 highs, bills could reach $143/month in 2030. </span><span data-ccp-props="{"201341983":0,"335559739":240,"335559740":259}"> </span></p> <p><span data-contrast="auto">The analysis underlines that 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.</span><span data-ccp-props="{"201341983":0,"335559739":240,"335559740":259}"> </span></p> <p><strong style="font-size: 1em; background-color: transparent; font-family: 'IBM Plex Sans', system-ui, -apple-system, BlinkMacSystemFont, 'Helvetica Neue', sans-serif;">Please complete the form to download the report.</strong></p></span> </div> <p id="hubspot-topic_data"> Topics: <a class="topic-link" href="https://blog.advancedenergyunited.org/reports/tag/energy-efficiency">Energy Efficiency</a>, <a class="topic-link" 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