Michigan deregulation talks
There have been increased conversations in Michigan regarding further deregulation of electricity markets following on the heels of legislation introduced in October of 2012. At present, only 10% of Michigan’s electricity sector is open to competition and most customers are still locked into purchasing from major state utilities.
Many customers are interested in accessing the same low rates made available to customers in other states through deregulation, but so far proposals to increase the competitive size of the market have been unfruitful. While debate exists about the long term consequences of deregulation (http://bridgemi.com/2012/10/guest-column-electric-deregulation-cap-protects-customers/), customer savings would almost certainly result from a further increase in competition.