Once a leader in energy competition, Great Lakes State now lags behind the Midwest
Average price of electricity, Michigan vs. the country
Michigan's Public Service Commission — the state's electric and natural gas regulators — published a new report reviewing electric choice policies as an alternative way to keep electric prices low. Unfortunately, the report underplays the success that Michigan had from its relatively brief electric choice experiment when electricity prices dropped to benefit all residents.
Michigan, like other states, has long regulated the supply and delivery of electricity. The state is divided into service territories dominated by regulated suppliers, either Consumers Energy or Detroit Edison for about 90 percent of Michigan customers.
Michigan once had one of the most successful electricity competition laws and policies in the country, and electricity customers received clear and measurable benefits from this competition while it lasted.
Please see rest of the article at:
http://www.michigancapitolconfidential.com/19246
Bring back Electric Choice!
I'd like to ask... What have the power companies done to lower the cost of electricity?
I have no problem with opening up competition, provided:
Michigan's Public Service Commission — the state's electric and natural gas regulators — published a new report reviewing electric choice policies as an alternative way to keep electric prices low. Unfortunately, the report underplays the success that Michigan had from its relatively brief electric choice experiment when electricity prices dropped to benefit all residents.
Michigan, like other states, has long regulated the supply and delivery of electricity. The state is divided into service territories dominated by regulated suppliers, either Consumers Energy or Detroit Edison for about 90 percent of Michigan customers.
Michigan once had one of the most successful electricity competition laws and policies in the country, and electricity customers received clear and measurable benefits from this competition while it lasted.
Please see rest of the article at:
http://www.michigancapitolconfidential.com/19246
Bring back Electric Choice!
I'd like to ask... What have the power companies done to lower the cost of electricity?
I have no problem with opening up competition, provided:
- We also have 10% renewable generation imposed on competition,
- We see distribution costs aligned with other states.
- We pay comparable wholesale credits to small power providers for any excess clean [of Green House Gases - GHG] energy production (not necessarily just solar or wind).