Section R. 460.742 - Criteria for receipt of an incentiveRule 42.
(1) If an electric utility or cooperative qualifies for implementation of a previously approved incentive mechanism, it shall file an application seeking authority to implement the incentive mechanism at the same time that it submits the annual report required by R 460.732.(2) An electric utility or cooperative shall not apply for a financial incentive approved by the commission unless all of the following criteria were met during the previous 12 months: (a) All required reports have been filed in a timely manner.(b) All required reports fully comply with the requirements as determined by the commission.(c) The electric utility's or cooperative's performance exceeded all of the individual service quality and reliability standards.(d) The electric utility or cooperative fully responded to any inquiries about the content of the reports made by the commission or its staff in a timely manner.Mich. Admin. Code R. 460.742
2004 AACS.; 2023 MR 7, Eff. 4/10/2023