MPSC seeks info in agreement that would create Michigan-only utility
Parties involved in a proposed settlement that would establish a Michigan-only jurisdictional utility in the Upper Peninsula were ordered by the Michigan Public Service Commission (MPSC) on Monday to provide more information.
The Wisconsin Electric Power Co. (WEPCo) and the Wisconsin Public Service Corp. (WPS) applied in June to transfer their electric and natural gas distribution assets in Michigan to the Upper Michigan Energy Resources Corp., which would be formed to service the electric and natural gas needs in Michigan.
In October, parties involved in the case filed a settlement agreement that outlined a framework to resolve remaining issues in the proposed transaction.
However, MPSC issued an order seeking more information about whether the record and language of the proposed settlement agreement meet statutory requirements.
Specifically, MPSC raised questions about sections that address whether a proposed action would adversely impact the rates of customers, and whether the proposed action would adversely impact the delivery of safe, reliable and adequate energy service to Michigan customers.
MPSC set a deadline of Nov. 23 for the parties to provide additional information related to statutory requirements. Reply briefs in the case will be due by Dec. 1 and the statutory deadline for the proceedings will be Dec. 12.
