(The Center Square) – Upper Michigan Energy Resources Corp. customers will see a roughly $10.50 increase on their monthly electric bills starting in January.

The price change is the result of the Michigan Public Service Commission’s approval earlier this week of a $6.6 million rate increase for UMERC, a 40% reduction from the utility’s original request of $11.1 million. The money will primarily fund infrastructure investments and safety and reliability maintenance.

Recommended Stories

Arizona attorney general intervenes to stop electric rate hike

Utility companies want to shift risks on struggling families

The ‘price gouging’ myth that can wreck the grid — and your bills