Public utilities: rates; reduction of residential rates in correlation to personal property tax savings; require. Amends sec. 6a of 1939 PA 3 (MCL 460.6a). TIE BAR WITH: HB 5880'26
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS
Summary
The bill amends Michigan’s utility law so that gas, electric and steam utilities must obtain Public Service Commission approval before raising rates or changing rate schedules. It creates coordinated filing procedures, notice‑and‑hearing requirements, deadlines for commission decisions, and a refund with interest if a utility raises rates before final approval. The goal is to give customers clearer notice and protection from unapproved rate hikes.
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