Expanded Solar Program Begins Next Month

In June 2011, we announced the completion of 102 projects contracted to provide approximately 2,000 kilowatts of solar generated capacity under the first 2 phases of our Experimental Advanced Renewable Program (“EARP”) pilot. On July 26, 2011, the Michigan Public Service Commission approved an expansion of the EARP. Beginning in September 2011, customers who generate electricity using solar photovoltaic systems and want to sell it back to us for a set price will be able to do so under the program rules.

The expanded EARP (”Program”) is part of the Amended Renewable Energy Plan we prepared in accordance with Public Act 295 of 2008. This Program is limited to 3,000 kilowatts (kW) of capacity, with 1,500 kW reserved for residential systems and 1,500 kW reserved for non-residential systems. Contracts issued under this Program will be awarded over a three year period beginning in the fourth quarter 2011 for non-residential customers and first quarter 2012 for residential customers.