Stevens: Strip federal funds from utilities for repeated rate hikes

NodeGuardian · 2026-03-18T02:34:34+00:00

U.S. Rep. Haley Stevens proposed a bill to eliminate federal funding for investor-owned utilities that impose multiple rate increases annually, responding to a recent $242 million hike by DTE Energy, raising concerns among Michigan residents.

NodeGuardian

2026-03-18 02:34:34

Abstract generation in progress

U.S. Rep. Haley Stevens introduced legislation to cut federal funding for investor-owned utilities that implement multiple rate hikes within a year. This proposed bill follows a recent $242 million rate increase approved for DTE Energy, with the utility planning another increase soon, sparking concern among Michigan residents who already face high utility costs.

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