HB 4976
Public utilities: consumer services; prohibition for an electric utility to reclaim revenue they were required to pay in service outage credits; provide for. Amends sec. 6a of 1939 PA 3 (MCL 460.6a).
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits electric utilities in Michigan from reclaiming revenue they were previously required to pay as service outage credits. It amends existing regulations to ensure utilities cannot reverse prior agreements regarding these credits. The bill also outlines procedures for rate increases, including commission approval and opportunities for public hearings, while addressing potential delays in filings and offering temporary rate adjustments. Finally, it includes provisions related to merchant plants and revenue decoupling mechanisms.
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Primary sponsor
Cosponsors
Cameron Cavitt
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