Client Alert - Environmental - Michigan Property Assessed Clean Energy Act

One of the many bills that was passed in Michigan at the end of the year was the Property Assessed Clean Energy Act.  This legislation allows local units of government to establish a Property Assessed Clean Energy Program. Under the Program, the local unit of government could enter into a contract with the property owner to finance energy efficiency improvements or renewable energy systems. "Energy efficiency improvements" is defined as equipment, devices, or material intended to decrease energy consumption, including, but not limited to, all of the following: