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CMS Energy Stock Price

59.55 +1.07 +1.83% Volume: 1,743,911 04.19.24 04:00 ET

CMS Energy Stock Price

19Apr2024 04:00 ET 59.55 +1.07 +1.83% Volume: 1,743,911

Media Contacts

KATIE
CAREY
Director of External Relations
517-788-2395
katelyn.carey@cmsenergy.com
BRIAN
WHEELER
Media Relations Manager
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, Nest Announce Goal to Provide 10,000 Free Thermostats to Michigan Households

Apr 23, 2018
The Power Project Makes a Difference, Provides Savings for Those in Need

JACKSON, Mich., April 23, 2018 /PRNewswire/ -- Consumers Energy will provide 10,000 thermostats to income-qualified Michigan residents over the next three years, part of a new initiative with Nest to provide immediate assistance to those in need.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

Consumers Energy is the only Michigan energy provider to work with Nest in The Power Project, a commitment announced this Earth Day to make 1 million thermostats available to families across the U.S. Consumers Energy will install 10,000 free thermostats through its energy efficiency income-qualified programs over the next three years.

In addition, people can help their neighbors in need this month through The Power Project, sponsored by Nest. Nest will donate 10 percent of the proceeds from sales of its thermostats through Consumers Energy's online store, www.ConsumersEnergyStore.com, through April 30 to nonprofits that help people with their energy bills.

"Our commitment to world-class performance, delivering hometown service, means we're focused on providing energy solutions for every household we serve, especially those who need it most," said Patti Poppe, Consumers Energy's president and chief executive officer.

"We're excited to be Nest's partner in Michigan to make a difference in so many people's lives," Poppe said. "We want to be part of the solution to help our friends, family and neighbors to reduce energy waste and lower their monthly energy bills."

The average household nationwide spends less than 4 percent of its budget on energy costs, but those costs can pose a challenge for low-income families. As many as one in five households spends at least 20 percent of its budget on energy bills. Learn more at www.nest.com/powerproject.

"Creating a home that takes care of the people inside it and the world around it has been Nest's mission since day one," said Jeff Hamel, head of energy partnerships at Nest. "We've joined with Habitat for Humanity, Fannie Mae and energy providers across the country this Earth Day to bring this mission to life through The Power Project, to connect families with the tools and programs that can help alleviate the burden of high energy costs. Every family deserves to have heat in the cold and light in the dark."

"We want to take action. Providing free thermostats will help households take control of their energy costs, leaving money for other essential needs," Poppe said. "We want to raise awareness and turn households on to the programs we already offer that lower monthly energy bills."

Consumers Energy has helped thousands of Michigan families through its Helping Neighbors program, which helps lower monthly bills by increasing the energy efficiency of homes. Helping Neighbors conducts free home energy assessments, installs energy-saving measures and provides information about how households can take additional steps.

Consumers Energy offers a variety of energy efficiency programs for all homes and businesses, and it has helped customers reduce their bills by over $1.5 billion since 2009.

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 .

Take action today

FREE THERMOSTATS:  Consumers Energy will provide thermostats to 10,000 income-eligible families over the next three years. To learn more or see if you qualify, do the following:

PROCEEDS FOR NONPROFITS: Ten percent of proceeds from sales of Nest thermostats at www.ConsumersEnergyStore.com will go to nonprofit organizations.

HELP IS AVAILABLE: Anyone having trouble paying their bill to call 2-1-1. Or go to www.ConsumersEnergy.com/assistance to learn more about available help.

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

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/consumers-energy-nest-announce-goal-to-provide-10-000-free-thermostats-to-michigan-households-300634112.html

SOURCE Consumers Energy

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