SB504 — Public utilities: electric utilities; long-term industrial load rates; prohibit from being subject to securitization charges. Amends sec. 10gg of 1939 PA 3 (MCL 460.10gg).

SB504 — Public utilities: electric utilities; long-term industrial load rates; prohibit from being subject to securitization charges. Amends sec. 10gg of 1939 PA 3 (MCL 460.10gg). · Informed CitizenryThis bill amends Michigan law to allow electric utilities to establish long-term industrial load rates for large industrial customers. To qualify for these rates, an industrial customer must have a…Open in Informed Citizenry