Michigan SB1043 prohibits excessive energy pricing during market disruptions.

Michigan SB1043, known as the "energy pricing protection act," prohibits businesses from excessively increasing energy prices during or shortly after a market disruption. A market disruption is defined as a change in the market due to weather, energy production issues, or other abnormal conditions. The act allows the attorney general to bring actions for relief and penalties against violators. It also provides for class actions by injured parties, with potential for increased damages for flagrant violations. The act does not limit the attorney general's ability to investigate under other laws.

Michigan SB1043 prohibits excessive energy pricing during market disruptions.

Michigan SB1043, known as the "energy pricing protection act," prohibits businesses from excessively increasing energy prices during or shortly after a market disruption. A market disruption is defined as a change in the market due to weather, energy production issues, or other abnormal conditions. The act allows the attorney general to bring actions for relief and penalties against violators. It also provides for class actions by injured parties, with potential for increased damages for flagrant violations. The act does not limit the attorney general's ability to investigate under other laws.