The bill amends the "Clean and Renewable Energy and Energy Waste Reduction Act" to focus on enhancing renewable energy initiatives and energy waste reduction in Michigan. It removes references to "clean energy" and emphasizes the establishment of cost recovery mechanisms for electric service providers related to renewable energy programs. New definitions are introduced, including those for various energy facilities such as "gasification facility" and "pyrolysis facility," while the definition of "renewable energy resource" is modified to exclude certain fossil fuels. The bill sets a goal for meeting 35% of the state's electric needs through these initiatives by 2025 and establishes a framework for the approval of energy waste reduction service companies and wind energy resource zones.

Additionally, the bill outlines new revenue recovery mechanisms for electric providers, ensuring that rate impacts do not exceed specified limits, and modifies the process for filing renewable energy plans. It introduces requirements for energy waste reduction plans, mandating that providers achieve specific incremental energy savings targets and allowing for self-directed plans for eligible customers. The bill also establishes a distributed generation program, enabling customers to interconnect eligible generators with local utilities, and introduces new regulations for energy waste reduction service companies. Overall, these amendments aim to strengthen Michigan's energy policies by promoting sustainable practices and reducing reliance on fossil fuels while ensuring consumer protections.

Statutes affected:
Senate Introduced Bill: 460.1001, 460.1032