The bill amends Michigan's existing laws on the regulation of public and private utilities, particularly concerning alternative electric suppliers. It requires the Michigan Public Service Commission to set rates, terms, and conditions that enable retail customers to utilize alternative electric suppliers, while capping the service from these suppliers to no more than 10% of an electric utility's average weather-adjusted retail sales. The legislation also allows customers with existing contracts to increase their usage without reverting to utility service and includes special provisions for iron ore mining facilities in the Upper Peninsula.

Additionally, the bill introduces new definitions and requirements for alternative electric suppliers, such as the necessity to maintain a state office and comply with local tax obligations. It emphasizes the importance of customer consent for supplier changes and outlines the conditions for acquiring service from alternative suppliers. The bill also establishes guidelines for microgrids, defining terms like "Customer," "Island mode," and "Microgrid" to clarify operational statuses and enhance regulatory oversight. Overall, these amendments aim to improve customer choice and competition in the electric supply market while ensuring consumer protection and operational efficiency.

Statutes affected:
Senate Introduced Bill: 460.10