Michigan 2023-2024 Regular Session

Michigan Senate Bill SB0276

Introduced
4/19/23  

Caption

Public utilities: electric utilities; phaseout of certain coal-fired electricity-generating plants; provide for by 2030. Amends sec. 6t of 1939 PA 3 (MCL 460.6t).

Impact

If enacted, SB0276 would reshape the landscape of energy generation in Michigan. The required phase-out of coal-fired plants coincides with a growing national and global trend towards the reduction of fossil fuel dependency. Notably, electric utilities will need to develop plans that ensure reliable energy while embracing cleaner technologies, potentially incentivizing investment in renewable energy infrastructure, such as wind and solar. The bill mandates reporting on energy waste reduction and demand response programs, requiring utilities to engage with stakeholders and pursue economic feasibility in their plans.

Summary

Senate Bill 276 aims to amend the regulation and control of public utilities in the state with a significant focus on the electric utility sector. The bill particularly addresses the phase-out of certain coal-fired electricity-generating plants by 2030. This legislation signifies a substantial move towards cleaner energy by requiring electric utilities to include renewable energy sources in their planning and dramatically limits the future role of coal in the state's energy generation. The bill also demands integrated resource plans that forecast energy needs, ensuring compliance with state and federal environmental regulations.

Contention

While the bill has garnered support for promoting environmental responsibility, it is likely to face contention concerning its feasibility for utilities and the associated costs. Critics may argue that the abrupt phase-out of coal could result in instability in energy prices or availability in the interim. Moreover, stakeholders in the fossil fuel sector might contend that the energy transition could jeopardize jobs and economic stability in regions where coal is a primary employer. Discussions surrounding the balance between environmental goals and economic impacts are expected as the bill progresses through the legislative process.

Companion Bills

No companion bills found.

Similar Bills

MI SB0272

Public utilities: public service commission; regulation of utilities by the public service commission; modify. Amends sec. 6t of 1939 PA 3 (MCL 460.6t).

MI SB0502

Public utilities: public service commission; certain provisions regarding rate cases and integrated resource plans; revise. Amends secs. 6a, 6m & 6t of 1939 PA 3 (MCL 460.6a et seq.) & adds sec. 6aa. TIE BAR WITH: SB 0271'23, SB 0273'23

MI HB4760

Public utilities: public service commission; public service commission mandate and factors for decision making; revise. Amends secs. 6, 6a, 6m, 6t & 11 of 1939 PA 3 (MCL 460.6 et seq.) & adds sec. 6aa. TIE BAR WITH: HB 4759'23, HB 4761'23

VA SB1021

Electric utilities; integrated resource plans, Phase I or Phase II files updated plans, etc.

VA HB2413

Electric utilities; integrated resource plans, Phase I or Phase II files updated plans, etc.

SC H3309

Electrical Utilities

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Revising public utility resource planning laws