John G. Strand, Chairman Dorothy Wideman
David A. Svanda Mary Jo Kunkle
Robert B. Nelson 517.241.6160

LANSING, December 4.  The Michigan Public Service Commission today adopted 
a code of conduct for all electric utilities regulated by the Commission and for all
alternative electric suppliers.  The code of conduct is intended to promote fair
competition by establishing measures to prevent cross-subsidization, information
sharing and preferential treatment between a utility's regulated and unregulated
services, whether those services are provided by the utility or the company's
affiliated entities.  Today's action follows passage of the Customer Choice and
Electricity Reliability Act on June 5, 2000, which  required the Commission to
establish a code of conduct.

Today's order requires Michigan's electric utilities and alternative electric suppliers
to comply with the code of conduct provisions, including:

          functioning in a manner to prevent anti-competitive behavior, by requiring
     the offering of unregulated services or products through one or more affiliates
     or other entities within the existing corporate structure, such as divisions;
          not subsidizing in any manner the business of its affiliates or other separate
          maintaining books and records separately from those of affiliates;
          not financing or co-signing loans for affiliates;
          not conditioning or tying utility service or the availability of discounts, rates,
     other charges, fees, rebates, or waivers of terms and conditions to taking
     goods or services from an affiliate;
          not unduly discriminating in favor of or against any party, including
     preferential treatment or any other advantages not offered under the same
     terms and conditions available to other suppliers offering services or products
     within the same service territory or to customers of those suppliers;
          not sharing information obtained by the electric utility gathered as a result of
     its regulated business with its affiliates or other separate entities unless that
     same information is provided to competitors operating in Michigan on the
     same terms and conditions at the same time; 
          filing a code of conduct compliance plan with the MPSC within 90 days.
The MPSC is an agency within the Department of Consumer and Industry Services.

Case No. U-12134
(MPSC adopts code of conduct for electric utility companies and alternative electric
December 4, 2000