On-Bill Financing Implementation/Rulemaking

Public Act 342, Part 7, Sec. 201-209 describes a framework for designing a residential on-bill financing (OBF) program and invites rate-regulated providers to file an OBF plan proposal for Commission approval.  The provider may propose for MPSC approval an alternate program.

In addition, Sec. 211 requires the MPSC to promulgate rules to implement OBF programs by April 20, 2018.

On April 24, 2017, the MPSC and MAE initiated an informal stakeholder meeting for the purposes of receiving input/feedback for OBF program goals. More information below.  

More information on stakeholder outreach can be found here

 

Staff Leads

Patricia Poli

Madhu Anderson

 

Accomplishments

  • Staff held two informal stakeholder meetings
  • The information gathered from the two informal stakeholder meetings was captured in the On-Bill Financing section of the “Roadmap to Implementing MI New Energy Policy” Report

 

Additional Steps

  • Expecting a request for rulemaking to be submitted to the Office for Regulatory Reinvention in December

 

Task Reports

June 2017: Roadmap to Implementing MI New Energy Policy: Final Report

April 2017: On-bill Financing Primer for Michigan Utilities

February 2017: OBF Stakeholder Selection Process

 

Task Events

May 19, 2017

Agenda | Presentation

April 24, 2017

Agenda | Presentation 1 | Presentation 2 | Presentation 3 | Presentation 4

 

Task ‑ Related Documents

Holland BPW On Bill Loan Program

On Bill Financing research on other state legislation

SEE Action: Financing Energy Improvements on Utility Bills:  Market Updates and Key Program Design Considerations for Policymakers and Administrators Report, May 2014