Starting next month, your energy rates could be higher. DTE Energy will open a "time of day" rate for residential electricity customers.
It means weekdays between 3pm- 7pm, customers will see a rate jump that varies depending on the monthly demand. DTE says the change is expected to be cost-neutral, which is off-set with a lower rate during other times.
In 2021, Consumers Energy had a similar rate increase. They later reported an average customer's bill went up about $1.25 per month.