 why are electric prices so high  the michigan s public service commission regulates electric and gas prices in michigan currently consumers energy or detroit edison provide about 90 percent of michigan energy needs michigan once had one of the most successful electricity competition laws and policies in the country and electricity customers received clear and measurable benefits from this competition while it lasted for an article on why all that has changed over the years read on at  http wwwmichigancapitolconfidentialcom 19246 utmsource mackinac center publications utmcampaign a795209484twam10222013 utmmedium email utmterm 04fe5eae3c7a795209484259524753 