Michigan HB6142 mandates decommissioning plans for data centers, ensuring financial assurance for their dismantling and remediation.

Michigan HB6142 amends the Public Utilities Commission Act to require the commission to approve tariffs, rates, or contracts between data centers and electric utilities only if they include a decommissioning plan. This plan must ensure the data center is dismantled and remediated to a condition similar to pre-construction. The plan must include financial assurance, such as a performance bond, letter of credit, or escrow account, with an amount not less than the estimated decommissioning cost. The commission reviews the financial assurance every three years.

Michigan HB6142 mandates decommissioning plans for data centers, ensuring financial assurance for their dismantling and remediation.

Michigan HB6142 amends the Public Utilities Commission Act to require the commission to approve tariffs, rates, or contracts between data centers and electric utilities only if they include a decommissioning plan. This plan must ensure the data center is dismantled and remediated to a condition similar to pre-construction. The plan must include financial assurance, such as a performance bond, letter of credit, or escrow account, with an amount not less than the estimated decommissioning cost. The commission reviews the financial assurance every three years.