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Michigan Sets Electric Choice Cap At 0% For Two Investor-Owned Utilities, Several Co-ops
Pursuant to MCL 460.10a(1)(c), the Michigan PSC has set the electric choice cap at Indiana Michigan Power Company (AEP), Northern States Power Company (Xcel Energy), and several cooperatives to 0%.
MCL 460.10a(1)(c) requires the Commission to reduce the cap to 0% for any electric utility serving fewer than 200,000 customers in Michigan if the utility has not had any load served by an AES in the preceding four years
The PSC set the choice cap at 0% for the following utilities for the remainder of 2017, plus the full calendar year of 2018. At each utility, the choice cap shall be automatically reset to 10% with their final annual February 1, 2019 choice cap filing, and, on a going forward basis and absent a further Commission order, the choice cap will be adjusted every two years.
The utilities for which the choice cap was set to 0% are:
Indiana Michigan Power Company (AEP)
Northern States Power Company-Wisconsin (Xcel Energy)
Cherryland Electric Cooperative
Presque Isle Electric & Gas Co-op
Alpena Power Company
Alger Delta Cooperative Electric Association
Bayfield Electric Cooperative
Great Lakes Energy Cooperative
HomeWorks Tri-County Electric Cooperative
Midwest Energy Cooperative
Thumb Electric Cooperative
Ontonagon County Rural Electrification Association
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July 13, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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