MI SB0325

Extends the integrated resource plan filing cycle from every 4 years to every 5 years for electric utilities regulated by the Public Service Commission

Reduces utility consumer representation fund contributions from large utilities serving 100,000+ customers from $1,800,000 to $900,000 for attorney general use and from $2,000,000 to $650,000 for grants

Removes requirements for utilities to include electrification projections, greenhouse gas emission forecasts, environmental justice impact analyses, and clean energy standard compliance in integrated resource plans

Eliminates project labor agreement requirements, prevailing wage mandates, and apprenticeship program requirements for construction of new or rehabilitated utility capacity resources

Creates a shared savings incentive mechanism for electric utilities achieving energy waste reduction targets, with incentives ranging from 25-30% of net benefits depending on savings levels (1% to over 1.5% of annual retail sales)

Removes references to clean energy requirements, energy storage targets, and renewable energy plan requirements from the factors the commission must consider when approving integrated resource plans