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Article: Michigan Public Service Commission Issues Order Opening Electric Competition
- Article from:
- PR Newswire
- Article date:
- June 5, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LANSING, Mich., June 5 /PRNewswire/ -- In an historic move, the Michigan Public Service Commission today approved an order opening the state's electric utility market to competition. The order phases in competition beginning this year through 2002, when full choice of electric providers will be made available to all.
The plan opens 2.5 percent of each utility's load to competition this year and another 2.5 percent every year through 2002. It also ensures that all classes of customers (industrial, commercial, and residential) will have the opportunity to receive competitively-bid electricity.
"Today, Michigan has taken a giant step forward as a ...