What would Cherryland Electric Cooperatives economic savings be if it were no longer under MPSC jurisdiction?
A. Under current circumstances, it is quite expensive to file a rate adjustment application with the MPSC. Not only does the filing require the expenditure of a great deal of Cherryland Electric Cooperative management and staff time in preparing and analyzing materials and details of the adjustment (up or down), but consultants and lawyers have to be employed to assist in preparing and presenting the application to the MPSC. In some cases, it has cost cooperatives more than $100,000 to file a single rate adjustment. Additionally, cooperatives are charged, and will continue to pay, an ‘assessment fee’ by the MPSC to fund the services the Commission staff performs.
Related Questions
- Why should the Cherryland Electric Cooperative Board of Directors choose to remove the cooperative from regulation by the Michigan Public Service Commission in the area of rates and billing?
- If the Board chooses self-regulation, will Cherryland Electric Cooperative lose its territorial protection?
- Why would I want to remove Cherryland Electric Cooperative from MPSC regulation?
