Will Energy Prices Rise Or Fall In 2024 In Michigan. The michigan public service commission (mpsc) approved a $92 million rate increase for consumers energy, which will raise monthly bills for residential customers by 1.61%. Michigan lawmakers have more energy priorities in 2024;

The michigan public service commission (mpsc) approved a $92 million rate increase for consumers energy, which will raise monthly bills for residential customers by 1.61%. The eia projects distillate prices will decline further for 2024, with prices estimated to average $3.62 per gallon.