MI: RPS law on the chopping block?
Legislation has been introduced in Michigan that would effectively repeal the state’s 2008 RPS law. H.B. 5872, introduced on 10/1/2014, would repeal Section 27 of the 2008 law, which contains both the renewable capacity benchmarks and renewable-energy percentage requirements of the law. H.B. 5872 allows only costs incurred before the enacted date of the bill to be recovered from ratepayers. Michigan’s current RPS policy requires all electric utilities to achieve 10% renewables by 2015.