Consumers Energy CEO-elect calls for support of S.B. 437 and S.B. 438
Shortly after the introduction and referral to the Senate Energy Committee of bills S.B. 437 and S.B. 438, Consumers Energy’s President and CEO-elect Patti Poppe issued a statement urging the committee to support the two bills, which she maintains will reduce the impending risk to the reliability of the state’s electrical grid.
“As MISO’s [Midcontinent Independent System Operator] recent power supply auction demonstrated, market supplies are tightening and electric costs for retail open access customers are increasing,” Poppe said. “Committee members have a legacy opportunity before them today to support a needed update in Michigan’s energy laws. We urge them to act to prevent reliability problems, ensure investment in Michigan’s energy infrastructure and eliminate an unfair cost-shifting subsidy that’s currently in place when it comes to paying for the electric grid.”
The proposed bills would make changes to customer choice in the state of Michigan, potentially creating savings for the state and local governments, and private consumers.
“By acting now and supporting these bills, your vote tells Michigan families and businesses that our state will have reliable electric service,” Poppe said. “Choosing not to act is a far greater risk than passing these bills. We simply want people who sell power in Michigan to be able to prove they can provide it.”
