New Renewable Energy Law Already Boosting Local Business

Gov. Jennifer Granholm signed two bills into law designed to encourage energy efficiency and create alternative energy-related jobs. Local component manufacturers are already seeing increased interest as a result.

According to excerpts from the article:

Gov. Jennifer Granholm signed into law a package that will require more electricity to come from renewable sources, raise residential rates, restrict competition among power companies and encourage energy efficiency.

Granholm had two energy bill-signing ceremonies, one in Detroit and one in Eaton Rapids. She said the new measures will create new renewable energy jobs.

Workers at Dowding Industries in Eaton Rapids looked on at a new manufacturing plant as she signed the bills.

Dowding President Jeff Metts said the factory is poised to build components for wind turbines once orders come in. He's already heard from three companies in the two-and-a-half weeks since lawmakers passed the package.

Among other provisions, the package requires that 10 percent of Michigan's power come from renewable sources by the end of 2015.

Read the entire article here.