On December 21, 2016, Public Act 342 was signed into law. This Act, known as the Clean and Renewable Energy and Energy waste Reduction Act, amends Michigan’s 2008 energy law, Act 295.
The energy waste reduction standards in Act 342 maintain the energy efficiency goals established with the energy optimization standards developed in Act 295.
Electric and gas savings targets are based on prior years sales and are set at 1%/year for electric and .75%/year for gas, for all load serving entities including investor owned, cooperatives and municipals.
Remember, for every $1 spent on energy efficiency programs, customers will save $4 in avoided energy costs. Over the next three years, energy efficiency programs will save Michigan utility customers $1.2 Billion. It's true; the cheapest energy is the energy you don't use!
Below are links to great resources to help you understand what you can do to be more energy efficient and start saving money!