Michigan PSC Sets Capacity Charge Applicable To Retail Suppliers
August 29, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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The Michigan PSC adopted an order maintaining the current state reliability mechanism (SRM) capacity charge at Upper Michigan Energy Resources Corporation (UMERC) until a final order in Upper Michigan Energy Resources Corporation’s next general rate case.
Specifically, the PSC ordered that the state reliability mechanism capacity charge approved for Upper Michigan Energy Resources Corporation in Case No. U-18253 shall remain in effect until the final order in Upper Michigan Energy Resources Corporation’s next general rate case. In such case, the PSC had set the state reliability mechanism capacity charge of $229,523 per megawatt-year, or $629 per megawatt-day
The PSC also said that it approved a settlement agreement, attached to the order, in which the parties agreed that the current SRM capacity charges as established by the Commission in its November 30, 2017 order in Case No. U-18253 shall remain in effect but which states, "On November 30, 2017, the Michigan Public Service Commission ('Commission') issued its order in Case No. U-18253 authorizing UMERC, beginning June 1, 2018, to implement a State Reliability Mechanism (“SRM”) capacity charges of $229,533 [sic] per megawatt-year, or $629 per megawatt-day"