Consumers Energy Co - (MI) late fee
Michigan · Investor Owned
Consumers Energy Co - (MI) charges 2% for a residential electric bill paid late.
- Percentage fee
- 2% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 41% of US utilities that charge a percentage fee
- Residential customers
- 1,657,843
Late fees versus bad debt, 2024
- Late-fee revenue
- $10,175,088 (FERC account 450, Forfeited Discounts)
- Written off
- $20,209,904 (FERC account 904, Uncollectible Accounts)
- Ratio
- 0.5x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 97,706 for non-payment
- Rate
- 5.82 per 100 residential customers
- Final notices
- 2,612,844
- Reconnections
- 83,480
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
2% (MI PSC max, not compounded); assessed 6+ days late
Source: https://www.consumersenergy.com/residential/account-and-billing/billing-and-payment/about-your-bill