U-21400

Commences a comment period on a straw proposal to refine the initial focus areas for the reliability-plus initiative; to solicit feedback on updated metrics, scorecards, and performance incentive mechanisms for the reliability-plus initiative; and to outline next steps for this proceeding

Schedules a comment period regarding the “reliability-plus” issues affecting the readiness of utility distribution grids that will conclude on June 27, 2025

Directs Consumers Energy Company and DTE Electric Company to each file a proposed financial incentive/disincentive mechanism, as described in the order and set forth in Exhibit A, in a standalone company-specific docket by April 15, 2025

Directs the Commission Staff to convene an additional engagement session with interested persons to discuss the additional proposed metrics relating to distribution system performance. The order also schedules a comment period on the proposed revisions to the straw proposal and other issues that will conclude on August 23, 2024

Directs the Commission Staff to convene an additional engagement session with interested persons to discuss proposed revisions to the financial incentives and penalties set forth in the revised straw proposal. The order also schedules a comment period on the proposed revisions to the straw proposal and other issues that will conclude on March 1, 2024. The order directs the Commission Staff to file a report of the workgroup’s investigations and findings in this docket by May 3, 2024

Directs the Commission Staff to convene a stakeholder session following the initial comment period to discuss the straw proposal and alternative approaches

Directs the Commission Staff to convene a Financial Incentives and Disincentives workgroup and file a report of the workgroup’s investigations and findings by December 31, 2023.