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Current Events: New Energy Law is Good News for Michigan Electricians
Posted on Friday, October 24 @ 09:38:57 CDT by michigan |
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New Energy Law is Very Good News for Michigan Electricians
LOS ANGELES (Reuters) - Michigan Gov. Jennifer M. Granholm on Monday
signed into law legislation that calls for 10 percent of electricity in
the state to be generated from renewable sources by 2015.
Just over half the 50 U.S. states have set requirements for renewable power generation.
Also signed into law is a Michigan provision requiring energy efficiency to cut power demand by 5.5 percent by 2015.
A third provision signed by Granholm limits switching by industrial
customers from Michigan utilities. This amendment to existing law is
seen as helping Consumers Energy build a new coal power plant and for
Detroit Edison to build a new nuclear plant by assuring them of an
adequate customer base to support the major capital projects.
The governor said Michigan can create more than 60,000 jobs by
investing in solar, wind, biofuels and energy efficiency, citing the
Center for American Progress.
NEW COAL, NUCLEAR PLANTS
The energy package amends Michigan's electricity customer choice law
so that no more than 10 percent of a utility's load can be transferred
to another power retailer. This amends the late-1990s deregulatory
measure allowing customer choice.
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