Michigan House Bill HB4761

Michigan 2023-2024 Regular Session

• Introduced: 6/14/23
• Refer: 6/14/23

Caption

Energy: conservation and efficiency; process to allow public comment; provide for. Amends secs. 1, 7, 9, 13, 22, 71, 73, 75, 77 & 78 of 2008 PA 295 (MCL 460.1001 et seq.) & adds secs. 80, 80a & 80b. TIE BAR WITH: HB 4760'23

Impact

The bill introduces significant components aimed at low-income households, requiring utility providers to offer dedicated energy waste reduction programs tailored to these vulnerable communities. Providers must allocate a specified percentage of their budget toward initiatives that improve the energy efficiency of low-income single-family and multifamily homes. This emphasis on equitable energy solutions aims to alleviate the economic burden of energy costs on low-income residents and enhance their access to reliable energy services.

Summary

House Bill 4761 is an amendment to Michigan's Clean and Renewable Energy and Energy Waste Reduction Act, aiming to enhance the development and utilization of clean energy resources while reducing energy waste. One of its primary objectives is to ensure that at least 35% of the state's electricity needs are met through a combination of renewable energy and energy waste reduction by 2025. The bill sets ambitious targets for utility providers, mandating a collaborative approach that includes private investment and alignment with federal regulations to improve air quality and consumer benefits.

Contention

While the bill seeks to promote clean energy and efficiency, there may be contention regarding the balance between utility expenses and the cost to consumers. The obligations placed on providers to invest in low-income energy programs could raise concerns about the potential for increased utility rates. Additionally, stakeholders may debate the effectiveness of mandates versus voluntary partnerships and the implications of such regulation on market competition among energy providers. Overall, the success of HB 4761 will hinge on the collaboration between utility companies, government bodies, and community organizations to ensure that its goals are met without undue financial hardship on consumers.