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CMS Energy Stock Price

50.48 -0.20 -0.4% Volume: 1,918,809 10.22.18 04:02 ET

CMS Energy Stock Price

22Oct2018 04:02 ET 50.48 -0.20 -0.4% Volume: 1,918,809

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 Provides $10 Million to Help Michigan Families Stay Safe and Warm

Jan 12, 2018

Assistance Will Benefit Thousands of Families during Frigid Weather

JACKSON, Mich., Jan. 12, 2018 /PRNewswire/ -- Consumers Energy announced today that it's donating $10 million that will go directly to helping people in need with their energy bills – assistance that will help thousands of families to stay safe and warm through this cold Michigan winter.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"We are committed to serving our Michigan communities, which includes our most vulnerable residents, such as seniors and families that may be facing challenges in paying their energy bills," said Brian Rich, Consumers Energy's senior vice president for customer experience. "With temperatures below freezing, we want people to know that help is always available and is just a phone call away."

Consumers Energy is encouraging people who are facing hardship to call 2-1-1, a free service in all Michigan counties that connects people with resources in their community.

People who call 2-1-1 might be referred to six nonprofit organizations that are receiving the $10 million from Consumers Energy. They are:

  • Michigan Community Action
  • The Salvation Army
  • The Heat and Warmth Fund (THAW)
  • TrueNorth Community Services
  • Society of St. Vincent DePaul
  • United Way of Jackson County

The $10 million contribution also will help enroll as many as 10,000 additional households in the CARE (Consumers Affordable Resource for Energy) program, which includes monthly credits toward energy bills as well as assistance on past-due balances. Qualified participants also receive access to energy-saving tools, including in-home energy efficiency upgrades.

Consumers Energy mailed postcards in mid-December to 90,000 customers who were behind on their bills, reminding them that assistance is available. Consumers Energy does not perform energy disconnections when temperatures are below 15 degrees.

"It's important that people do not wait to fall behind on their bills before seeking help," Rich said. "Assistance is available today, and people can take steps to ensure they stay warm even on Michigan's coldest days."

Consumers Energy's contribution is in addition to nearly $90 million in federal and state heating assistance funds that are available to nonprofit agencies across Michigan.

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.

Help is available

CALL 2-1-1: Dial 2-1-1 first to find out what resources are available in your community. Learn more at www.mi211.org.

CONSUMERS ENERGY: Learn about Consumers Energy's CARE program: www.ConsumersEnergy.com/CARE

LEARN MORE: Check out winter safety tips and ways to use less energy when it's cold: www.ConsumersEnergy.com/coldweather  

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-provides-10-million-to-help-michigan-families-stay-safe-and-warm-300581784.html

SOURCE Consumers Energy

Brian Wheeler, 517-740-1545, or Debra Dodd, 517-545-8711

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