Article: MICHIGAN PUBLIC SERVICE COMMISSION APPROVES SETTLEMENT AGREEMENT RECONCILING ALPENA POWER COMPANY'S 2007 POWER SUPPLY COSTS

The Michigan Department of Labor and Economic Growth issued the following news release:

The Michigan Public Service Commission (MPSC) today approved a settlement agreement reconciling Alpena Power Company's 2007 power supply cost recovery (PSCR) costs.

The settlement agreement found that the utility experienced a net over-recovery of $398,359, including interest, during 2006 and 2007. The ...

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