Showing posts with label Independent Renewable Energy Producers. Show all posts
Showing posts with label Independent Renewable Energy Producers. Show all posts

December 13, 2017

Independent Renewable Energy Producers to Appeal Regulatory Decision on Payments

A group of independent power producers are vowing to appeal a recent Michigan Public Service Commission ruling affecting how their facilities are compensated by Consumers Energy for the electricity they produce.

On Nov. 21, the three-member MPSC ruled in a case involving “avoided costs” paid by Jackson-based Consumers Energy (NYSE: CMS) to small, independent power producers. When their existing contracts expire, the new rates would take effect and would lead to lower payments, according to the Independent Power Producers Coalition of Michigan. The group represents biomass, hydroelectric and waste-to-energy facilities across the state.