Michigan SB0627 modifies factors for Michigan Public Service Commission approval of electric utility asset transactions.
Michigan SB0627 amends the Michigan Public Service Commission's criteria for approving sales, assignments, transfers, or encumbrances of electric utility assets. The bill outlines specific factors the commission must consider, such as the impact on energy service reliability and customer rates. It also mandates that the commission may impose conditions to protect customers and the utility. The bill specifies that confidential information submitted by utilities is exempt from public disclosure and that the commission can issue protective orders for such information.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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