Extends the right of first refusal to counties for hydroelectric facilities.

This bill amends Michigan law to give counties the right of first refusal to purchase hydroelectric facilities from regulated utilities. If a utility decides to sell, assign, or transfer a hydroelectric facility, it must notify the county and offer it the right to purchase for $1.00 within 90 days. The county must exercise this right within 90 days of receiving notice. If the county does not, the utility can proceed with the transaction. The Michigan Public Service Commission oversees these transactions, ensuring they do not adversely impact customers or public policy.

Extends the right of first refusal to counties for hydroelectric facilities.

This bill amends Michigan law to give counties the right of first refusal to purchase hydroelectric facilities from regulated utilities. If a utility decides to sell, assign, or transfer a hydroelectric facility, it must notify the county and offer it the right to purchase for $1.00 within 90 days. The county must exercise this right within 90 days of receiving notice. If the county does not, the utility can proceed with the transaction. The Michigan Public Service Commission oversees these transactions, ensuring they do not adversely impact customers or public policy.