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PSC Releases Status of Electric Competition Report
The Michigan Public Service Commission’s annual Status of Electric Competition Report shows the retail choice program for primarily C&I customers at each eligible electric utility “remain[ed] at or near the 10% statutory cap in 2024.”
As a reminder in Michigan electric choice is limited to 10% of a utility’s average weather-adjusted retail sales for the preceding calendar year, under state law. According to the report, the number of shopping customers declined slightly in 2024 to 5,514 from 5,539 in 2023.
The report said the number of licensed suppliers in Michigan remains at 21 total, and as of December 2024, about 5,899 customers remain in the queue of those interested in participating in the program if space becomes available under the 10% cap.
