The March 2025 ice storm caused extensive damage to Michigan's power infrastructure, leaving residents without electricity for weeks and leading to increased power bills. Nonprofit power cooperatives, including Great Lakes Energy and PIE&G, faced significant financial strain, with damages exceeding $300 million. While FEMA's aid provides relief, the required 25% cost-sharing means that co-ops and their members will still bear a financial burden. Rate increases and surcharges have already been implemented to cover emergency loans, and further rate pressures may arise as recovery efforts continue.