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The city of Detroit is slowly moving toward adopting a recommendation Center analysts made more than eight years ago.
The Detroit News reports that Detroit Mayor Dave Bing is proposing that the city buy electricity from DTE Energy. The $150 million contract is projected to save the city $3 million annually.
The News mentions that a Center study from 2002 that recommended privatizing the city's Public Lighting Department. The analysis showed that the city spends $57 to produce one megawatt-hour of electricity while DTE performed the same task for $22.
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The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
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