TC Talks wrote: ↑Wed Mar 01, 2023 12:38 pm
km1125 wrote: ↑Wed Mar 01, 2023 12:36 pm
DTE is
NOT responsible for anyone else's "substantial costs" when the power goes out. Pushing for such changes will just result in even HIGHER electrical bills FOREVER even when NO outages happen. I'm sure DTE would LOVE to have such requirements because they could IMMEDIATELY justify (and sue for, if necessary) a H*** rate increase, as it would increase their revenues immediately.
Ladies and Gentlemen, I present to you the world's biggest corporate patsy.
For the rest of us consumers NOT impressed by this legal monopoly's service performance;
https://www.michigan.gov/mpsc/consumer/complaints
You can make all the complaints you want, but just "watch out for what you wish for"!! You force them to guarantee power and you're have significantly increased bills, that you'll pay every single month from now until the end of time. And you'll pay that for every single kilowatt you use, regardless if it's for a "critical" function or not.
MWmetalhead wrote: ↑Wed Mar 01, 2023 1:10 pm
DTE is a regulated utility that requires Lansing's approval for any and all proposed rate increases. I am unaware of any prior instance where they've been able to successfully sue in court to force a rate increase.
They've never need to yet (I don't think) but it's certainly within their purview if they're not making headway on a rate increase to compensate for a regulatory-required change to their operation.
MWmetalhead wrote: ↑Wed Mar 01, 2023 1:10 pmTheir ability to pay dividends to shareholders should be tied to service reliability benchmarks.
Now, I might be able to get behind that kind of movement, but think a quicker and more effective move would be on the annual bonus penalties. Although, they are similar concepts.
MWmetalhead wrote: ↑Wed Mar 01, 2023 1:10 pm
The $35 one time credit to those who've faced 4, 5, 6 or even 7 day outages is a joke. The credit should be formulaically calculated and increased as outage time increases (especially if outage time is abnormally high compared to surrounding areas).
The MOST that anyone should get is a credit for the monthly service charge, which could be pro-rated based on the days they were out.