§ 460.1078

460.1078 Petition by electric provider to establish alternative energy waste reduction level; petition by natural gas provider to establish alternative energy waste reduction standard; determination.Sec. 78. (1) If over a 2-year period an electric provider whose rates are regulated by the commission cannot achieve the energy waste reduction standard in a cost-effective manner, the provider may petition the commission in a contested case hearing under section 73(3) to establish an alternative energy waste reduction level for that provider. (2) If over a 2-year period a natural gas provider cannot achieve the energy waste reduction standard in a cost-effective manner, the natural gas provider may petition the commission to establish an alternative energy waste reduction standard for that provider. (3) A petition filed pursuant to subsection (2) shall do all of the following: (a) Identify the efforts taken by the natural gas provider to meet the energy waste reduction standard. (b) Explain why the energy waste reduction standard cannot reasonably and cost-effectively be achieved. (c) Propose a revised energy waste reduction standard to be achieved by the natural gas provider.

) Explain why the energy waste reduction standard cannot reasonably and cost-effectively be achieved. (c) Propose a revised energy waste reduction standard to be achieved by the natural gas provider. (4) If, based on a review of the petition filed under subsection (2), the commission determines that the natural gas provider has been unable to reasonably and cost-effectively achieve the energy waste reduction standard, the commission shall revise the energy waste reduction standard as applied to the natural gas provider to a level that can reasonably and cost-effectively be achieved. History: Add. 2016, Act 342, Eff. Apr. 20, 2017 ;-- Am. 2023, Act 229, Eff. Feb. 13, 2024