David Price

This document outlines the 2026-2029 Energy Optimization Plan, integrating Energy Waste Reduction (EWR) programs and Efficient Electrification (EFEL) programs for residential and commercial customers. The plan aims to achieve energy efficiency savings across various electric-using devices and advance carbon neutrality goals by promoting the adoption of efficient electric alternatives to fossil fuels. Key objectives include meeting regulatory compliance, fostering a customer-centric approach, and supporting workforce development through a diverse portfolio of measures and engagement pathways.

The agenda for the meeting includes reviews of communications regarding customer service, energy efficiency, and board requests. The board will receive reports from the Committee of the Whole, the Finance Committee, and the Human Resources Committee. Key action items include resolutions for a return on equity renewal amendment, a corporate diversity, equity, and inclusion policy, the fiscal year 2027-2032 budget and forecast, and the appointment of several charter positions, including the General Manager, Internal Auditor, and Corporate Secretary. Additionally, a resolution recognizing fifty years of service by Richard R. Peffley will be considered, along with a closed session to discuss pending litigation and a delegation of authority related to a web submission.

The Board of Commissioners discussed various administrative and financial resolutions, including the Return on Equity renewal amendment, corporate diversity policies, and the fiscal year 2027-2032 budget and forecast. Additionally, the Board reviewed manager recommendations concerning utility operations, committee reports, and public comments. The meeting also addressed future appointments for internal audit and corporate secretary roles, as well as a recognition for long-term service.

The committee meeting agenda included discussions regarding FY2026 Board appointee performance reviews and proposed reappointment resolutions for the General Manager, Internal Auditor, and Corporate Secretary. Previous committee business, detailed in meeting minutes, covered the delegation of authority for cafeteria plan benefit design, a review of board self-evaluation survey results, the identification of board-appointed position description updates, and an overview of the appointee evaluation process.

The committee discussed updates from the Retirement Plan Committee, including asset allocation changes for the Defined Benefit and VEBA plans. Discussion topics included exploring a new document management platform, the scheduled review of the Board of Commissioners Rules of Procedure, and a comprehensive rate strategy presentation covering infrastructure costs, affordability, carbon reduction goals, and proposed rate adjustments for various customer classes. Additionally, the committee reviewed a proposed Amendment No. 9 regarding a Return on Equity agreement with the City of Lansing and a revised Corporate Diversity, Equity, and Inclusion policy.