HomeJuly 29, 2011
CMS Energy's Russell: Michigan Choice Bill has "No Traction"
Copyright 2011 EnergyChoiceMatters.com.
A bill which has been introduced to exempt Michigan schools from the 10% electric choice cap has "no traction" and has "not gone anywhere," CMS Energy President and CEO John Russell said on an earnings call yesterday.
CMS Energy is the parent of Consumers Energy.
"[T]here seems to be little interest in the legislature to move forward," with the bill, Russell said, stating that the bill, "was promoted by out-of-state third-party marketers."
Russell further said that Michigan Gov. Rick Snyder is "very supportive" of the current choice cap law, and "doesn't have any plans to change the law."
"[T]his administration sees us more as an economic development partner to help grow Michigan, make investments, and move the state and business forward," Russell said.
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2011 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com.
