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DTE Energy offers rate to charge electric vehicles

By AP

DETROIT –

Michigan utility regulators have approved the state's first experimental rate for residential customers to recharge their electric vehicles.

The Michigan Public Service Commission said Tuesday that it has approved an application from DTE Energy Co.'s Detroit Edison unit. The commission says the program will help Detroit Edison evaluate the effect of electric vehicles on its system.

The program offers two options: a lower, off-peak rate customers can use to charge the vehicles, or a monthly flat rate of $40 per vehicle.

The utility will pay up to $2,500 for a separately metered circuit with a charging station or for the station's installation.

The rate runs through Dec. 31, 2012, and is available on an optional basis to up to 2,500 customers.

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