Skip Navigation
LARA: Michigan Department of Licensing and Regulatory AffairsMichigan.gov: Official Web Site for the State of Michigan
Michigan.gov Home
close print view

MPSC Report: Michigan Utilities Making Progress on Meeting State's Renewable Energy Standard

Contact:  Judy Palnau, 517-241-3323
Agency:  Michigan Public Service Commission

February 15, 2012 - The Michigan Public Service Commission (MPSC) today issued its annual report on the implementation of the state's renewable energy standard and its cost effectiveness.  Public Act 295 of 2008 requires the report to be issued by Feb. 15 each year.

"Michigan utilities are steadily implementing their plans to reach the goal of supplying 10 percent of their electricity from renewable energy sources," said MPSC Chairman John D. Quackenbush.  "As new renewable energy projects become operational - many by the end of 2012 - Michigan's renewable energy percentage is expected to increase significantly."

This year's report includes data submitted by Alternative Energy Suppliers (AESs).  With their inclusion, the estimated 2010 renewable energy percentage was 3.6 percent.  Without AES data, the renewable energy percentage would be 3.9 percent.  All future reports will include AES data.  The amount reported in last year's report was 3.6 percent (not including AESs).

Highlights of the report include the following:

  • By the end of 2012, Michigan's renewable energy standard will have resulted in the development of 1,041 megawatts of new renewable energy projects.
  • Compared to building a new, conventional coal facility, renewable energy contracts are significantly lower in price - with the exception of five small contracts negotiated early on.  The two most recent contracts approved by the MPSC for new wind capacity have levelized costs of $61 to $64 per megawatt-hour (MWh).
  • The weighted average prices of renewable energy contracts is $91.19 MWh, which is less than what was forecasted in renewable energy plans, and is substantially lower than the cost of new coal-fired plants.
  • According to annual reports filed by each electric provider, $21.7 million was spent on renewable energy in 2010, and $78.6 million was anticipated to be spent during 2011.

 

The entire report is available here

 

The MPSC is an agency within the Department of Licensing and Regulatory Affairs.

 

For more information about LARA, please visit www.michigan.gov/lara.  Follow us on Twitter www.twitter.com/michiganLARA, "Like" us on Facebook or find us on YouTube www.youtube.com/michiganLARA.

 

Related Content
 •  Michigan Poised to Implement New Construction Code Resulting in More Energy Efficient Homes
 •  LARA Adds Two New License Types to the MyLicense Online Application System; Initial applicants for residential builder or builder salesperson can now apply online, pay by credit card
 •  Coldwater Physician Summarily Suspended
 •  LARA's Corporations, Securities & Commercial Licensing Bureau Suspends License and Registration of Walker-Martin Funeral Home, Whelpley-Martin Funeral Home, and Daniel R. Martin
 •  New Minimum Wage for Michigan Employees
 •  MPSC Approves More than $89 million in Michigan Energy Assistance Program Grants
 •  MPSC: Harbor, Inc. in Emmet County Becomes Tenth Michigan Community to Earn "Connected" Broadband Status, Making High-Speed Internet a Priority
 •  MPSC Issues New Consumer Tips Sheet for Propane Customers
 •  MIOSHA Invites Employers to "Take a Stand" for Safety and Health
 •  Unemployment Insurance Agency Employer Seminar to be Held in Bay City
 •  Schuette and State's Regulatory Chief Suspend License of Texas-based Pharmacy; Schuette and LARA Advise Michigan Consumers: Do Not Use Possibly Contaminated NuVision Drugs Marketed as Sterile
 •  MPSC Issues Net Metering Report Showing a Steady Increase in Size of Program
 •  MPSC Directs Consumers Energy Company and DTE Electric Company to File Proposals that Examine the Cost Allocation and Rate Design Methods Used to Set Rates for Electric Customers
 •  MPSC to Host Informational Exhibit at Upper Peninsula State Fair
 •  Holly Construction Recognized as Stars in Workplace Safety & Health Excellence
 •  MPSC Approves Two Settlement Agreements Authorizing Alpena Power Company and Michigan Gas Utilities to Reconcile Their 2013 Energy Optimization Plan Costs and Revenues
 •  MPSC Adopts New 2014-2015 Funding Factor for Low Income Energy Assistance Fund
 •  MIOSHA Invites Employers and Workers to Share a Cup of Coffee and Learn about the Benefits of Workplace Safety and Health
 •  Unemployment Insurance Agency Employer Seminar to be Held in Traverse City
 •  Nonprofit Corporation 2014 Annual Reports Due On or Before October 1; LARA's Corporations, Securities and Commercial Licensing Bureau Sends Notice to Resident Agents
QR code

Michigan.gov Home
PoliciesMichigan NewsMichigan.gov Survey


Copyright © 2014 State of Michigan