Current through Vol. 24-21, December 1, 2024
Section R. 460.10110 - NotificationRule 10.
(1) Utilities that intend to offer a value-added program or service shall notify the commission not less than 30 days before offering the new program or service. The written notification shall, at a minimum, provide all of the following: (a) A detailed description of the new value-added program or service and what it will offer.(b) A list of the personnel responsible for management of the value-added program or service and their location within the utility, both physically and within the corporate structure.(c) A detailed description of how costs, including but not limited to, billing, postage, and call center costs, will be allocated to the value-added program or service to ensure that there is no cross-subsidization between regulated and unregulated programs or services.(d) A copy of the business plan for the value-added program or service.(e) Pro forma financial statements that outline the expected financial performance for each value-added program or service for the next 12 months.(2) Utilities shall request a docket for the filing of the notification, and shall thereafter make all annual report filings in that docket.(3) A utility that intends to sell or transfer an asset with a market value of $1,000,000 or more to any affiliate or other entity within the corporate structure shall notify the commission of the impending sale or transfer no less than 30 days before the sale or transfer. An affiliate or other entity within the corporate structure of a utility that intends to sell or transfer an asset with a market value of $1,000,000 or more to a utility shall notify the commission of the impending sale or transfer no less than 30 days before the sale or transfer. Upon request, the utility, affiliate, or other entity within the corporate structure shall make available to the commission information that demonstrates how the sale or transfer price was determined. Notification shall be in the form of a letter to the director of the regulated energy division of the commission.Mich. Admin. Code R. 460.10110