The Public Service Commission (PSC) has approved an energy pilot program for DTE Electric Company that allows participants to obtain more renewable energy than the mandated amount.
The new program will let participants obtain more than 10 percent renewable energy, the mandated amount in the state’s 2008 energy law. It will be limited to an additional 150,000 megawatt-hours of generation from DTE Electric Company solar and wind facilities. Participants will also remain on their current tariffed rate and will pay a fixed subscription fee for the entirety of the program, of $0.072 per kWh of usage subscribed for the billing period. Additionally, participants will receive an energy and capacity credit based on their usage and subscription level for the same period.
In the announcement, it was added that the PSC’s approval of this pilot program does not constitute an approval of DTE Electric’s method for computing the value of renewable energy.