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flag Michigan approves $153.8M rate hike for Consumers Energy, raising monthly bills by $2.78.

flag Michigan regulators have approved a $153.8 million rate hike for Consumers Energy, increasing the average customer's monthly bill by $2.78. flag This comes after a previous $92 million rate hike last year. flag The increase, effective April 4, was approved despite concerns from the Attorney General. flag The funds will help improve service reliability and cover investments in energy generation and company facilities.

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