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.
April 2017: On-bill Financing Primer for Michigan Utilities
February 2017: OBF Stakeholder Selection Process
Task - Related Documents