Energy (Electric Vehicles)

SB 916 updates Michigan's renewable energy requirements for electric providers by establishing a tiered portfolio standard that increases from 15% by 2029 to 60% by 2035. The bill allows providers to meet these targets through generating renewable energy, purchasing power, or acquiring renewable energy credits, with specific limits on the use of out-of-state credits. It also introduces financial incentives for providers entering into non-affiliate contracts for renewable energy or clean energy storage systems after June 30, 2024, and permits energy waste reduction credits to substitute for up to 10% of renewable energy requirements under certain conditions.

This bill allows Michigan customers to install small, portable solar power systems on their property without needing approval from their electric provider or paying installation fees. It defines these systems as plug-in photovoltaic devices that produce up to 1,200 watts and connect through standard electrical outlets, while protecting providers from liability for any damage caused by customer installations. The law requires customers to notify their electric provider within 30 days of installation using a form developed by the state commission, which must include details like the system's capacity and address. Electric providers cannot require additional equipment or charge fees for these systems, and providers must not approve or reject their use. The bill amends Michigan's Clean and Renewable Energy Act to formalize these rules for small-scale solar generation.

HB 4721 creates tax credits for biodiesel sales and production in Michigan, effective 2025-2030. Retail fuel dealers receive credits of $0.02-$0.07 per gallon for selling biodiesel blends (6-9%, 10-19%, or 20%+), while biodiesel producers get $0.02 per gallon. Total credits are capped at $16 million annually for retailers and $2 million for producers, with excess claims distributed proportionally. The bill directly affects Michigan fuel retailers and biodiesel producers by reducing their income tax liability based on specific blend volumes sold or produced.

HB 4722 creates tax credits to incentivize biodiesel use in Michigan. Retail fuel dealers selling biodiesel blends (6-9% at $0.02/gal, 10-19% at $0.05/gal, 20%+ at $0.07/gal) can claim credits, while biodiesel producers get $0.02 per gallon produced. Credits apply for tax years 2025-2030, with a $16 million total cap for retailers and a $2 million cap for producers. This directly affects Michigan fuel retailers and biodiesel manufacturers by reducing their income tax liability for qualifying sales and production.