Economy & Business, Politics, States

Democrats Agree on Plan to Skyrocket Power Bills

Michigan Attorney General Dana Nessel, a Democrat, signed off on a proposed settlement Wednesday with an energy company to cease coal use by 2025, according to a government-issued press release.

The decision comes 15 years earlier than the original plans. Michigan’s agreement with Consumers Energy Company — which says it delivers electricity and natural gas to 6.6 million of the 10 million residents in Michigan — must now be approved by the Michigan Public Service Commission.

“Not only is this settlement a win for our environment, it’s also a win for Michigan ratepayers who have struggled to stay current on their bills,” Nessel said in a statement. “This agreement was truly a collaborative effort from all involved parties and a symbol of what we can achieve when stakeholders work together to create positive change.”

Last June, Consumers Energy filed a resource plan that proposed shuttering coal plants across the state. The idea is to move toward solar energy usage by 2040, building roughly 8,000 megawatts, to have “clean energy” resources comprise 90% of electricity. Coal generated the third most electricity in Michigan in 2020, according to the U.S. Energy Information Administration. Read more…

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