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Michigan PSC Approves Capacity Charge For Retail Suppliers
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The Michigan PSC approved a settlement agreement under which Upper Peninsula Power Co. (UPPCo.) will continue its state reliability mechanism (SRM) charge of $90,810 per megawatt-year, assessed on full-service customers and on customers who have their electric provided by an alternative electric supplier (AES) in UPPCo's service territory if such AES fails to satisfactorily demonstrate it can meet its future electric capacity obligations.
Case No. U-20131
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July 25, 2018
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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