A nonprofit watchdog organization has calculated how much profit Indiana Michigan Power and NIPSCO make on electric bills.
New report finds utility companies have made billions of dollars in profit since 2021 and utility profit margins are climbing ...
When utility rates go up, customers’ wallets make it possible. In Michigan and many other states, for-profit utility companies spend millions on teams of lawyers and highly paid consultants who argue ...
Another year of record utility rate requests was established in 2025. Rate requests in 2025 were again dominated by electric utilities, which requested $18.23 billion in aggregate rate increases, ...
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