Michigan energy policy is moving forward….to higher costs under full monopoly control
As previously noted, the MI House Energy Committee voted on three bills without reading them. These bills were sent to the full House for a vote.
Where do they stand now:
- Electric Energy Choice: currently, 10% of MI customers can choose an electric energy supplier. The result has been millions of $$ dollars in savings. House Bill would have imposed non-commercial requirements on the energy marketers causing them to withdraw from offering customers an alternative to the utility.
- As of now, 10% would stay in place BUT customers would be barred from switching for 15 YEARS! What choice is this?
- Energy suppliers will face additional regulatory requirements that would do nothing more than raise their cost to provide service, thereby limiting customer savings.
- Thirty percent (30%) renewable energy goal by 2025. This “goal” has no enforcements. Currently, MI is achieving a 1.5% efficiency gain per year. So this a net increase of 5%. A token nod to a cleaner environment and improved energy efficiency.
MI must hope that the MI Senate counters this energy policy with a policy that encourages market competition and clean energy production.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.
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