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MI HB6407
Bill
Status
9/1/2010
Primary Sponsor
Paul Opsommer
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AI Summary
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Establishes the "Energy for Economic Development Act of 2010" to preserve economic development rates and contracts for electric utilities.
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Prohibits the Michigan Public Service Commission from altering rates, terms, conditions, duration, or enforceability of economic development tariffs approved as of October 6, 2008 for industrial customers with at least 70,200,000 kilowatt hours of increased connected load over 12 consecutive months.
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Requires the Commission to allow utilities to fully recover in general rate cases any revenue difference between the economic development tariff rates and the utility's cost to provide service to that customer, with recovery costs allocated to all other electric ratepayers across all classes.
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Specifies that this act supersedes any conflicting state law.
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Repeals the act effective December 1, 2015.
Legislative Description
Public utilities; other; certain actions regarding contract entered into pursuant to economic development tariff; prohibit. Creates new act.
Public utilities, public service commission
Last Action
Placed On Order Of General Orders
12/2/2010