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 defines key terms related to renewable energy, ensuring clarity in its application. The definitions include "renewable energy" and "renewable energy system," as outlined in the Clean and Renewable Energy and Energy Waste Reduction Act. By incorporating these provisions, the bill seeks to promote informed decision-making among consumers and stakeholders regarding renewable energy options in Michigan.

Statutes affected:
Senate Introduced Bill: 460.1, 460.11