July 16,
2009
The Michigan Public Service Commission (MPSC) today said the Cherryland Electric Cooperative is entitled to transition to member-regulation, as permitted by Public Act 167 of 2008, also known as the Electric Cooperative Member-Regulation Act. The utility will begin member-regulation on July 20.
The utility's Board of Directors on April 20 adopted a resolution to become member-regulated.
On June 2, the MPSC directed the utility and the MPSC staff to begin meetings to discuss issues related to the transition and to establish an orderly process for the transition.
In today's determination the MPSC said that the electric cooperative has met all of the prerequisites for exercising the authority over its rates, charges, accounting standards, billing practices, and terms and conditions of service.
The utility said it will continue to use the existing Commission-approved rates and charges until new ones are approved by the cooperative.
The MPSC is an agency within the Department of Energy, Labor & Economic Growth.
Case No. U-15983