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The Michigan Public Service Commission last Thursday granted approvals that allow Consumers Energy Co. to pursue more than $120 million in funding through the federal Infrastructure Investment and Jobs Act (IIJA) of 2021, also known as the Bipartisan Infrastructure Law.
The Commission approved orders in two cases that allow Consumers to use regulatory accounting methods for grant proposals that require matching funds, but the decisions leave to future orders, in rate cases or other applicable proceedings, the Commission’s judgement on the appropriateness of specific costs for the proposed projects.
Last Thursday's orders, while specific to Consumers, demonstrate by extension the MPSC’s support of Michigan utilities seeking to take advantage of $550 billion available in IIJA funding and the MPSC’s willingness to extend regulatory flexibility needed for utilities to be able to meet federal funding guidelines and timelines.
The Commission:
Approved
The Michigan Public Service Commission today (June 22) granted approvals that allow Consumers Energy Co. to pursue more than $120 million in funding through the federal Infrastructure Investment a. . .
The compact construction equipment manufacturer now has 22 dealers in the United States and Canada. Plus, more top dealer acquisition and partner news.