460.1078 Petition by electric provider to establish alternative energy waste reduction level; petition by natural gas provider to establish alternative energy waste reduc
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460.1078 Petition by electric provider to establish alternative energy waste reduction level; petition by natural gas provider to establish alternative energy waste reduction standard; determination.
Sec. 78.
(1)If over a 2-year period an electric provider whose rates are regulated by the commission cannot achieve the energy waste reduction standard in a cost-effective manner, the provider may petition the commission in a contested case hearing under section 73(3) to establish an alternative energy waste reduction level for that provider.
(2)If over a 2-year period a natural gas provider cannot achieve the energy waste reduction standard in a cost-effective manner, the natural gas provider may petition the commission to establish an alternative energy waste reduction standard for that provider.
(3)A petition filed pursuant to subsection
(2)shall do all of the following:
(a)Identify the efforts taken by the natural gas provider to meet the energy waste reduction standard.
(b)Explain why the energy waste reduction standard cannot reasonably and cost-effectively be achieved.
(c)Propose a revised energy waste reduction standard to be achieved by the natural gas provider.
(4)If, based on a review of the petition filed under subsection (2), the commission determines that the natural gas provider has been unable to reasonably and cost-effectively achieve the energy waste reduction standard, the commission shall revise the energy waste reduction standard as applied to the natural gas provider to a level that can reasonably and cost-effectively be achieved.
History: Add. 2016, Act 342 , Eff. Apr. 20, 2017 ;-- Am. 2023, Act 229 , Eff. Feb. 13, 2024