These investments totaling more than $350 million will be made in 2024-2025 toward circuit conversions, sub-transmission redesign and rebuild, breaker replacement, underground residential distribution replacements, and 4.8 kilovolt (kV) circuit automation. The Commission limited the IRM's timeframe to 2 years so that it can be adjusted to include findings of a distribution system audit now underway — the first time the Commission has ordered such a broad, top-to-bottom assessment of the distribution systems of Michigan's two largest electric utilities. A final report is expected by late summer 2024 on the results of the independent, third-party audit, which is comprehensively examining all equipment and operations of the electric distribution systems of DTE Electric and Consumers Energy Co. Partial approval of the IRM maintains the Commission's focus on ensuring funding for needed reliability improvements while allowing room for adjustment.