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Detroit Edison Files Renewable Energy Cost Reconciliation Case

September 30, 2010

On August 31, The Detroit Edison Company filed Case No. U-16356 with the Michigan Public Service Commission (MPSC) to reconcile its renewable energy costs with its approved plan. The filing consists of the testimony and exhibits of six witnesses. This annual proceeding is required by 2008 PA 295, the Michigan Clean, Renewable, and Efficient Energy Act. The filing seeks findings:

• that the renewable cost reconciliation revenue recovery mechanism does not exceed the maximum retail rate impacts under the law; and

• on the per mWh price for both renewable and advanced cleaner energy and capacity.

The company reports it has a renewable energy capacity portfolio of 14 MW and that it has generated and/or purchased renewable energy, advanced cleaner energy, Renewable Energy Credits, Incentive Renewable Energy Credits and Advanced Cleaner Energy Credits in 2009 of 1,094,930. This includes generation from renewable and advanced cleaner energy fuels such as biodiesel, tall oil, wood chips and coke oven gas at Detroit Edison’s existing fossil-fueled plants.

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