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CMS Energy Stock Price

46.47 -0.59 -1.25% Volume: 2,774,009 09.22.17 04:01 ET

LOOKING TO THE FUTURE.

Hear about CMS Energy's Second Quarter results and outlook.+

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CMS Energy Stock Price

22Sep2017 04:01 ET 46.47 -0.59 -1.25% Volume: 2,774,009
Investor Meetings
SEPTEMBER12 2017

CMS Energy Second Quarter 2017 Results & Outlook
28Jul2017 (PDF 4.21 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 Proposes Program to Help Large Michigan Businesses Use 100 Percent Renewable Energy

May 15, 2017

Switch Data Center in Grand Rapids Would Be New Program's First Customer

JACKSON, Mich., May 15, 2017 /PRNewswire/ -- Consumers Energy is making good on its commitment to a clean Michigan future by working with large businesses -- including the new Switch Pyramid data center in West Michigan -- that want to be powered 100 percent by renewable energy. 

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

The Michigan utility announced today that it is proposing a program to allow large businesses to match their energy use with renewable energy sources. The energy provider is asking the Michigan Public Service Commission to approve its plan.

Consumers Energy's first large business customer, powering its facilities with 100 percent renewable energy, would be the 1.8 million-square-foot Switch data center campus in Grand Rapids, which opened in the iconic former Steelcase pyramid building in March.

"We are excited to power Michigan businesses who prefer it with more and more renewable energy," said Dan Malone, Consumers Energy's senior vice president for energy resources. "This program, another element of our clean and lean focus, demonstrates how we can help large Michigan employers like Switch to act on their commitments to our state's economic and environmental future."

"Sustainably running the Internet has been a bedrock principle of Switch since Rob Roy started the company in 2000," said Adam Kramer, Switch executive vice president of strategy. "It was a pleasure to work with Consumers Energy to help us continue to meet our commitment to using 100 percent new renewable resources to power our data centers."

The proposed program offers a blueprint for Switch and other businesses that make renewable energy commitments.

  • Those businesses would help defray the costs for new renewable energy sources.
  • This would result in new renewable energy in Michigan, in addition to the 10 percent of Consumers Energy's energy supply that already comes from clean sources.
  • This is a pilot program that could be expanded if there's enough customer interest.

In short, the new program helps entities like Switch adhere to the renewable principles of additionality (new renewable resources) and locality (resources that benefit the regional grid).

Today, Consumers Energy provides 10 percent of customers' energy use from renewable sources. Michigan's new energy law states that 15 percent of energy will come from renewable sources by 2021.

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 Contacts: Megan Brown, 517-788-6538, or Katie Carey, 517-740-1739
For more information about Consumers Energy, go to www.ConsumersEnergy.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-proposes-program-to-help-large-michigan-businesses-use-100-percent-renewable-energy-300457275.html

SOURCE Consumers Energy

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