Section 460.1073 - Energy optimization plan; approval by commission.
CLEAN, RENEWABLE, AND EFFICIENT ENERGY ACT (EXCERPT)
Act 295 of 2008
460.1073 Energy optimization plan; approval by commission.
Sec. 73.
(1) A provider's energy optimization plan shall be filed, reviewed, and approved or rejected by the commission and enforced subject to the same procedures that apply to a renewable energy plan.
(2) The commission shall not approve a proposed energy optimization plan unless the commission determines that the EO plan meets the utility system resource cost test and is reasonable and prudent. In determining whether the EO plan is reasonable and prudent, the commission shall review each element and consider whether it would reduce the future cost of service for the provider's customers. In addition, the commission shall consider at least all of the following:
(a) The specific changes in customers' consumption patterns that the proposed EO plan is attempting to influence.
(b) The cost and benefit analysis and other justification for specific programs and measures included in a proposed EO plan.
(c) Whether the proposed EO plan is consistent with any long-range resource plan filed by the provider with the commission.
(d) Whether the proposed EO plan will result in any unreasonable prejudice or disadvantage to any class of customers.
(e) The extent to which the EO plan provides programs that are available, affordable, and useful to all customers.
History: 2008, Act 295, Imd. Eff. Oct. 6, 2008
Compiler's Notes: Enacting section 1 of Act 295 of 2008 provides:"Enacting section 1. As provided in section 5 of 1846 RS 1, MCL 8.5, this act is severable."