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March 1, 2021
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ELECTRICITY LAW
(2007-05-09)
(wgvu) - LANSING, Mich. (AP) - New legislation aims to give Michigan
residents more than one option when buying their electricity. But
achieving true residential choice will be tough.
Michigan's 2000 law that deregulated the electricity market lets
customers choose their power provider, though so far alternative
suppliers have competed only for business customers and NOT
residents.
That's partly because state regulators have "skewed"
utilities' rates so residential rates are below the actual cost of
providing service while business rates are above cost.
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