EDISON, CONSUMERS SEEKING TO RECOUP COST OF UTILITY CHOICE.(Detroit Edison Co. and Consumers Energy Co)

Crain's Detroit Business, April, 1999 by Lane, Amy

LANSING - Michigan's two largest electricity companies say that together they've spent nearly $34 million preparing for electricity competition. And they want customers to reimburse them. The Detroit Edison Co. and Consumers Energy Co. have asked the Michigan Public Service Commission for authority to recover costs they've incurred in changing their systems for restructuring, which will allow some customers to choose electricity suppliers beginning later this year.

Detroit Edison said it has spent $14 million and expects to spend an additional $100 million through 2001, while Consumers has spent $19.9 million. They are the first ``implementation costs'' publicly stated by the utilities. The PSC has indicated it will allow utilities to recover costs that are...

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