Energy expert: MI should eliminate utility monopoly to lower prices

By Jarrett Skorup | Michigan Capitol Confidential

LANSING — If Michigan wants lower electricity rates it should eliminate its utility monopoly as it had in the past and as has been done by other nearby states successfully, an energy expert said Wednesday.

Ted Bolema, an adjunct scholar for the Mackinac Center for Public Policy and a senior policy editor with the Mercatus Center at George Mason University, talked about the benefits of electricity competition in Michigan. Legislators are currently debating energy policy and are considering keeping the system as is, opening up more sales of electricity generation by allowing more choice, or eliminating the current competition with full regulation.

at Michigan Capitol Confidential.

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