MI HB5612

Creates and establishes the utility consumer representation fund as a special fund under the state treasurer's custodianship, with money invested in U.S. government bonds and commercial paper.

Requires energy utilities serving at least 100,000 customers to remit payments to the fund before or upon filing energy cost recovery applications with the Public Service Commission, with amounts determined by a formula based on jurisdictional operating revenues and adjusted annually by the Consumer Price Index.

Establishes a grant program allowing nonprofits and local government units to receive funding for participation in utility proceedings that advocate for residential consumer interests, with grants awarded based on applicant competence, representativeness, and potential impact on consumers.

Permits fund use only for participation in administrative and judicial proceedings related to energy costs and rate design, with administrative costs capped at 5% of annual receipts.

Requires annual reporting by the board to the legislature and by grant recipients and the attorney general detailing all expenditures made from the fund.