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Consumer spending rose 1.9% last month — but the rebound slowed from May and June. Unemployment benefits continued to prop up spending in July, but that may change in August.

The Energy and Policy Institute says DTE Energy had the third highest number of power shutoffs to its customers in 2021 and 2022, among the utilities operating in the 35 states included in its latest report.

Ann Arbor has a goal of reaching 100% renewable power by 2030. A feasibility study will look at possible scenarios for achieving that, including potentially converting to a city-owned utility. The council is expected to vote on contractors to perform the study, evaluating several options.

The latest price cap — the maximum amount that gas suppliers can charge customers — will take effect Oct. 1, just as the cold months set in. And bills are expected to rise again in January.

DTE Energy and Consumers Energy officials told investors the IRA will have a big impact on how swiftly they can add more renewable energy.

New legislation would require Consumers Energy and DTE Energy to add 2,500 MW of energy storage, likely in the form of grid-scale batteries, by the year 2030.

A petition filed by 230 environmental and public interest groups asks the FTC to conduct an investigation of the U.S. electric utility industry for abusing the political process to fight rooftop solar and drive up rates for customers

It was seen as a way for Russia to prop up its currency and retaliate for Western sanctions, but it could cause global energy prices to spike. One analyst sees it as a warning to the rest of Europe.

Michigan Saves, a "green bank" program, hopes to get part of $27 billion offered by the U.S. EPA for energy efficiency in homes and buildings.

Duralex glassware maker is just one company that's suspended operations over spiking energy costs after a cutoff of Russian natural gas.