“Michigan needs an energy policy that ensures we can be adaptable, have energy that is reliable and affordable, and protect our environment,” Snyder said in his annual energy address. “We should set a reasonable, achievable, and efficient range of goals for 2025.”
Snyder also said he wants to continue to improve energy efficiency. A Public Service Commission report in November said the utilities had exceeded their targeted goals for energy efficiency.
The report said customers have saved $3.55 in electricity costs for every $1 invested in energy efficiency. A total of $1.2 billion has been saved in lower electricity costs since the program began under Public Act 295 in 2008.
Snyder also said reducing energy waste also reduces bills for residential and industrial customers, while promoting the state’s economy.