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Frank A. Douglass Insurance Agency

Energy Demand Expected To Rise

The demand for energy in Michigan is projected to increase across the board this year.

The Michigan Public Service Commission says that’s assuming a return to normal summer weather and reflecting continued price advantages in the natural gas and petroleum markets.

Michigan’s total electric sales for 2015 are projected to increase by 1.4 percent and natural gas sales by 1.3 percent. But regulators say there should be an adequate supply of electricity over the summer and for the remainder of the year.

Commercial and residential customers will benefit through lower heating and cooling bills, and lower prices at the gasoline pump, while industrial customers and shippers of manufacturing goods will likely benefit from a 25 percent reduction in diesel fuel prices.

Gasoline sales in Michigan are expected to follow a recent upward trend and are projected to increase by 1 percent over 2014 sales with prices down about a dollar a gallon from a year ago.

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