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CMS Energy Stock Price

58.95 +0.06 +0.1% Volume: 1,293,749 06.20.19 03:39 ET

CMS Energy Stock Price

20Jun2019 03:39 ET 58.95 +0.06 +0.1% Volume: 1,293,749

Media Contacts

MEGAN
BROWN
Senior Director of Public Relations
and Communications
517-788-6538
megan.brown@cmsenergy.com
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, MI Department of Corrections Partner to Save Nearly $900,000 through Energy Efficiency Measures

Dec 19, 2018
MDOC Reduces Enough Energy to Power 244 and heat 496 homes

LANSING, Mich., Dec. 19, 2018 /PRNewswire/ -- The Michigan Department of Corrections, in partnership with Consumers Energy, has saved $862,055 by completing energy efficiency upgrades, part of the energy provider's commitment to helping all customers across Michigan lower their energy costs.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"We all have a role to play when it comes to energy conservation and I am pleased we have taken another step forward in our prison facilities to help curb future costs," said Gov. Rick Snyder. "This is yet another example of the power of partnership and working together. The benefits of this partnership between the state and Consumers Energy will bring cost savings for taxpayers and help ensure the state continues to do our part when it comes to energy conservation."

"Consumers Energy works every day to help families, businesses and our state government eliminate energy waste because it's good for people, the planet and Michigan's prosperity," said Patti Poppe, president and CEO of Consumers Energy. "We are proud to stand with the Department of Corrections to fulfill their mission of affordably serving the state and its residents."

The rebate incentive is the result of energy efficiency improvements to various prison facilities around Michigan including Jackson, Ionia, Muskegon and Adrian. The Department of Corrections completed 23 projects to their facilities, estimated to reduce enough electricity to power 244 houses and heat 496 homes. The 23 projects are expected to save the State nearly $900,000 each year.

"Our mission at the Department of Corrections is public safety and to help create a better and safer Michigan. And we have been pleased to partner with Consumers Energy which helps us to not only protect the public, but protect the environment and provide real savings to taxpayers," said Heidi Washington, Director of the Michigan Department of Corrections. "These substantial energy saving projects are just some of the ways we have been working to green our prisons and our state and we look forward to going even farther in the future."

Consumers Energy has helped Michigan customers save over $1.5 billion through energy efficiency programs since 2009. Earlier this year, the company announced its Clean Energy Plan. In the plan, Consumers Energy announced the company will reduce carbon emissions by over 90 percent and no longer use coal to generate electricity by 2040.  

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

For more information about Consumers Energy,  go to www.ConsumersEnergy.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-mi-department-of-corrections-partner-to-save-nearly-900-000-through-energy-efficiency-measures-300768542.html

SOURCE Consumers Energy

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