We are pleased to report that, last week, the Michigan Senate passed two bills -- SB 437 & 438 -- to reform Michigan's energy policy. The bills received bipartisan support and were passed by a two-thirds majority of the Senate.
The final version of SB 437 contains critical changes fought for and won by the Michigan Chamber, including: the creation of a meaningful competitive bidding process for the procurement of utility generation; the continuation of retail open access for all Chamber members who currently utilize electric choice service; and improved reliability of the entire electric system for all of Michigan’s customers. One other major change contained in the bill package is a mandated increase in Michigan’s Renewable Portfolio Standard from 10% to 15% by 2021.
While the final energy policy reform package isn't perfect, it represents a compromise reached after more than a year of negotiations. Read the Chamber's position statement on Energy Policy and Senate Bill 437.
SB 437-438 now head to the State House. We encourage the State House to pass this energy reform legislation in the remaining days of this legislation session, which ends in mid-December.
If you have any questions, please contact Jason Geer at email@example.com or call (517) 371-2100.