Plan goes to Senate for consideration
State Rep. Gary Glenn joined a bipartisan majority of his House colleagues today in voting to keep electric costs affordable for Hemlock Semiconductor (HSC), which also could help keep future residential rate increases in check.
Rep. Glenn, of Williams Township, said House Bill 5902 authorizes the Michigan Public Service Commission to create a long-term industrial load rate, which will apply to HSC. Without the special rate, HSC and its parent company, Dow Chemical Co. in Midland, would construct a power plant to provide electricity to the facility, which would have prompted Consumers Energy to considerably increase residential rates.
“This is a giant step in enabling Hemlock Semiconductor to continue creating jobs and making a major economic impact on the economies of the Midland-Saginaw-Bay region,” said Rep. Glenn, chair of the House Energy Policy Committee, which heard testimony on the measure. “Dow and HSC create more jobs than any other regional employer and HSC is unique in that it is the only facility in North America to produce polysilicon for semiconductor and solar wafer manufacturing. With approval of this industrial rate, HSC predicts it may attract companies from Asia to locate in Michigan, which will further improve our economy.”
The measure was approved on a 77-31 vote, and now moves to the Senate for consideration.