State Attorney General vows to limit U.P. electric rate increase
The Michigan Attorney General’s Office says it will do whatever it can to block a proposed price increase on electricity in the Upper Peninsula.
The Upper Peninsula Power Company (UPPCO) hopes to raise their rates, which would bring in almost $10 million. If approved, it would mean customers' bills will increase by 10 percent.
Assistant Attorney General Michael Moody says the power company is asking for too much.
“The average user at UPPCO pays about $30 more than any other customer in the state, which is outrageous," he says. "Not to mention they have about 17 percent of their population is below the poverty line.”
Moody says if the rate increase goes through, his office will appeal it.
UPPCO says they will work with the Attorney General to achieve their goals of reliable and affordable energy.