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CMS Energy Stock Price

45.19 +0.37 +0.83% Volume: 1,848,454 04.21.17 04:04 ET

STREAMLINED DATA DELIVERY.

Enter our Interactive Analyst Center for a database of reported financial and operational data.+

BUILDING ECONOMIC BRIDGES.

We’ve pledged to increase spending with Michigan businesses by $1 billion over five years.

THE ENERGY OF TECHNOLOGY.

We’re bringing our customers closer to managing their own energy use through technology.

EMBRACING A BALANCED APPROACH.

Meeting energy-related challenges and protecting natural resources with a variety of fuels and strategies.

CMS Energy Stock Price

21Apr2017 04:04 ET 45.19 +0.37 +0.83% Volume: 1,848,454
INVESTOR MEETINGS - APRIL 5-7
5-7 APRIL 2017

CMS Energy Fourth Quarter 2016 Results & Outlook
2Feb2017 (PDF 3.36 MB)

Media Contacts

KATIE
CAREY
Director of Media Relations
517-788-2395
Katelyn.Carey@cmsenergy.com
BRIAN
WHEELER
Senior Public Information Director
517-788-2394
brian.wheeler@cmsenergy.com

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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News Releases

Consumers Energy Launches Peak Power Savers: Allows Households to Lower Energy Bills, Receive Credits

Mar 02, 2017

New Meter Technology Creates Customer Options to Reduce Energy Use, Save Money

JACKSON, Mich., March 2, 2017 /PRNewswire/ -- Michigan households served by Consumers Energy can now use the power of new upgraded meters to lower their energy costs and help the environment by reducing energy use during key times throughout the year.

Customers are now able to enroll in Consumers Energy's new Peak Power Savers program, which provides options to lower their bills. Residential customers can sign up for rates that reward them with discounts for shifting their energy use to off-peak times or can allow their air conditioning units to be briefly cycled at certain times to save money.

"We are committed to helping Michigan households manage their energy use. These new programs give more options to our residential customers to lower bills and are another great benefit of new upgraded meters that we will finish installing across the state this year," said Lisa DeLacy, Consumers Energy's executive director of smart energy.

Consumers Energy's new program focuses on reducing energy use at certain times and on certain days when the demand for energy is exceptionally high. These are typically hot summer days when the cost to supply and deliver energy is typically much higher due to residential air conditioning.

Consumers Energy and other energy providers have to build power plants or secure contracts to ensure power is available during these high-demand periods. That's an expensive necessity for resources that will be used only a few times a year. Peak Power Savers is a lower-cost alternative to building new power plants.

The voluntary programs from which households can choose are:

  • Air Conditioner Peak Cycling -- Consumers Energy will install an AC cycling device on or near your central air conditioner. Typically, on the hottest days of the year, Consumers Energy will cycle your air conditioner for short durations. Your AC unit's fan will continue to run, keeping your home comfortable. Your cooling system will return to normal when the cycling event ends. Most customers report little to no difference in their comfort level. Customers who participate in the program will receive a gift card for signing up and a credit on their energy bill during the summer months of June through September.
  • Peak Rewards Time of Use – Customers pay a lower rate during off-peak hours every day and can save even more on the days when energy use is expected to be extremely high – typically on the hottest days of summer. These are called Energy Savings Days. If customers use less energy than they typically do during those peak hours on these days, they will receive a bill credit. There is no penalty if they do not use less energy -- they simply pay the standard rate for the energy used during those hours.
  • Critical Peak Time of Use – For customers who want to maximize their savings, this option allows them to enjoy even lower rates throughout the year, with higher rates only for energy used during peak demand times on Energy Savings Days. Customers that keep energy use low during peak demand on these select days will receive the greatest savings.

Consumers Energy customers can enroll or learn more about these programs at www.PeakPowerSavers.com  or by calling 877-789-9883.

Consumers Energy will have installed new meters across Michigan by the end of 2017, allowing customers to track energy use more closely, providing more accurate readings and identifying more ways to save energy and money.

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Media toolkit

LEARN MORE: Consumers Energy residential customers with upgraded meters can enroll in Peak Power Savers: www.PeakPowerSavers.com

Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
YouTube: https://www.youtube.com/user/consumersenergy
Flickr: https://www.flickr.com/photos/consumersenergy

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumers-energy-launches-peak-power-savers-allows-households-to-lower-energy-bills-receive-credits-300416583.html

SOURCE Consumers Energy

Brian Wheeler, 517-788-2394, or Megan Brown, 517-788-6538For more information about Consumers Energy, go to www.ConsumersEnergy.com.