The bill amends the Clean and Renewable Energy and Energy Waste Reduction Act by introducing new definitions and provisions related to efficient electrification measures and locally distributed shared solar facilities (LDSS). It defines "efficient electrification measures" as electric appliances or equipment that replace fossil fuel combustion in existing buildings, and establishes a framework for promoting these measures through plans and programs. Additionally, the bill introduces a new section, Part 9, which outlines the requirements and regulations for LDSS facilities, including the generation of electricity through solar photovoltaic devices, subscriber participation, and the calculation of bill credits for subscribers based on their electricity usage.

Key provisions include the requirement for electric providers to apply bill credits to subscribers' monthly electric bills for electricity generated by LDSS facilities, ensuring that low-income households have access to subscriptions, and establishing rules for the creation and financing of LDSS facilities. The bill also mandates that subscriptions provide a minimum bill savings for customers and allows for the transferability of subscriptions. Furthermore, it sets forth conditions for third-party developers involved in LDSS projects, including experience requirements and customer termination rights without financial penalties. Overall, the bill aims to enhance renewable energy access and promote energy efficiency in Michigan.

Statutes affected:
House Introduced Bill: 460.1005