Michigan House Bill HB4840

Michigan 2023-2024 Regular Session

• Introduced: 6/22/23
• Refer: 6/22/23

Caption

Energy: alternative sources; grants for residential customers who install electric generators and storage systems; provide for. Amends 2008 PA 295 (MCL 460.1001 - 460.1211) by adding pt. 8.

Impact

The introduction of rebates is intended to encourage the adoption of renewable energy systems among homeowners, ultimately aiming to enhance energy sustainability within the state. By providing a financial incentive, the bill is positioned to make renewable energy technologies more accessible, particularly for low-income residents. This shift may lead to a greater number of residential installations of renewable energy systems, contributing to the state's environmental goals and overall reduction of reliance on fossil fuels.

Summary

House Bill 4840 seeks to amend the Clean and Renewable Energy and Energy Waste Reduction Act by introducing a new part focused on distributed generation and storage. This bill establishes financial incentives for residential customers who install eligible electric generators and energy storage systems that connect to their electrical loads. Specifically, it outlines rebate structures for these installations, with increased benefits for income-qualified customers, meaning those whose household income does not exceed 200% of the federal poverty level or who are enrolled in certain assistance programs.

Contention

While the bill garners support for its environmentally friendly aspects, there may be concern regarding its implications for utility companies. The regulatory framework imposed on electric providers includes restrictions on ownership and control of behind-the-meter systems, which may lead to debate about the balance of power between distributed energy resources and traditional utility models. As the bill progresses, it is likely to draw discussions on how these measures will affect the financial landscape for utilities and the funding for energy programs.