This bill amends the existing legislation governing public and private utilities in Michigan, specifically focusing on the regulation of renewable energy systems. It mandates the creation of an online transparency tool by the commission by December 31, 2026, which will calculate the total cost of renewable energy for customers. This tool will encompass various cost factors, including construction, operation, maintenance, and end-of-life costs associated with renewable energy systems. The bill aims to enhance transparency and provide consumers with a comprehensive understanding of the financial implications of renewable energy investments.

Additionally, the bill introduces definitions for "renewable energy" and "renewable energy system" as per the existing clean and renewable energy and energy waste reduction act. These definitions will help clarify the scope of the legislation and ensure that the online tool accurately reflects the costs associated with renewable energy initiatives. Overall, the bill seeks to improve consumer awareness and promote informed decision-making regarding renewable energy options in Michigan.

Statutes affected:
Senate Introduced Bill: 460.1, 460.11