March 23, 2017 8:15 AM ET

Gas Utilities

Company Overview of Michigan Gas Utilities Corporation

Company Overview

Michigan Gas Utilities Corporation supplies natural gas to customers in southern and western Michigan. It offers energy-saving, financial and energy assistance, services/rates/programs, billing and payment, start or stop, and leak/order/emergency services to homes; and energy-saving, start or stop, billing and payment, services/rates/programs, and energy information system services to businesses. Michigan Gas Utilities Corporation was formerly known as Aquila Michigan and changed its name to Michigan Gas Utilities Corporation in April 2006. The company was incorporated in 1859 and is based in Monroe, Michigan. As of April 3, 2006, Michigan Gas Utilities Corporation operates as a subsidiary o...

899 South Telegraph Road

Monroe, MI 48161

United States

Founded in 1859

Phone:

734-242-4652

Fax:

734-384-7276

Key Executives for Michigan Gas Utilities Corporation

President
Age: 50
President of Integrys Energy Group and Chief Operating Officer of Utilities - Integrys Energy Group
Age: 54
Vice President and General Manager
Compensation as of Fiscal Year 2016.

Michigan Gas Utilities Corporation Key Developments

Patrick Keyes Names as President of Michigan Gas Utilities, Minnesota Energy Resources Corporation and WEC Business Services LLC

Effective April 1, 2016, J. Patrick Keyes currently Executive Vice President and Chief Financial Officer of WEC Energy and Wisconsin Electric, has been named President of Michigan Gas Utilities and Minnesota Energy Resources Corporation, as well as President of WEC Energy's service company, WEC Business Services LLC.

Michigan Public Service Commission Issues Order in the Matter of the Application of Michigan Gas Utilities Corporation

Michigan Public Service Commission issued order in the matter of the application of Michigan Gas Utilities Corporation. On March 11, 2015, Michigan Gas Utilities Corporation (MGUC) filed its application, with supporting testimony and exhibits, requesting authority to reconcile its energy optimization (EO) plan revenues and costs for the 12-month period ended December 31, 2014. MGUC also requested approval of revised EO surcharges. On June 17, 2015, a prehearing conference was held before Administrative Law Judge Suzanne D. Sonneborn. The Commission Staff and MGUC participated in the proceedings. Subsequently, the parties submitted a settlement agreement resolving all issues in the case. According to the terms of the settlement agreement the parties agreed that the payment of $2,491,144 to the independent energy optimization program administrator satisfied the requirements of MCL 460.1091 and that the proposed reconciliation of 2014 EO revenues and costs should be approved. The parties further agreed that the net overrecovery of $155,581, including interest through December 31, 2014, and the prior period rolled-in underrecovery for 2013, should be reflected as the beginning balance for MGUC's 2015 EO plan reconciliation. Finally, the parties agree that the EO surcharges shown in Attachment 1 to the settlement agreement should be approved for bills rendered on and after August 1, 2015 through December 31, 2016.

Similar Private Companies By Industry

Company Name Region
A.O.G. Corporation United States
A.P. Fischer, Inc United States
All American Propane, Inc. United States
American Gas Management, Inc. United States
American Gas Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Michigan Gas Utilities Corporation, please visit www.michigangasutilities.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.