Prepared for the Michigan Energy Office by Public Sector Consultants and written by the Regulatory Assistance Project.
Michigan’s policy and business leaders, advocacy groups, and stakeholders are engaged in dialogues about the state’s future energy policy. To address the challenges facing the electric power sector and allow for successful implementation of the state’s future energy policy, there will need to be enhanced coordination, thoughtful planning, and appropriate implementation of regulatory and utility ratemaking models.
In anticipation of changes to Michigan’s energy policy, the Michigan Energy Office, with support from the U.S. Department of Energy, has undertaken a project to create a stakeholder- and research-driven roadmap for implementing new energy policies in a way that aligns utility business interests and customer behavior with public policy objectives.
The Paths to the Future Report offers an overview of alternative forms of regulation and rate design methods that could be implemented to better align utility behavior with public policy objectives.
A copy of the full report is available below.