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DTE seeks bigger property tax reduction for coal plant

Posted at 2:17 PM, Jun 22, 2018
and last updated 2018-06-22 14:17:29-04

Southeastern Michigan officials say they're concerned that a utility is seeking a bigger reduction in property taxes for the Monroe Power Plant than previously expected.

The Monroe News reports Detroit-based DTE Energy is seeking a 60 percent cut for the coal-fired plant after saying it would ask the Michigan Tax Tribunal for a 45 percent cut.

Officials learned earlier that DTE filed for a 60 percent property tax reduction for its Fermi 2 nuclear plant.

DTE spokesman Peter Ternes says the tax tribunal filings were "merely protective appeals that needed to be logged by a set deadline because agreements with the local taxing jurisdictions were not completed."

He says the company wants to reach a "reasonable agreement."

The cut would affect funds for municipalities, schools and libraries, among others.