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CMS Energy Stock Price

56.46 +0.24 +0.43% Volume: 1,819,629 05.17.19 04:04 ET

CMS Energy Stock Price

17May2019 04:04 ET 56.46 +0.24 +0.43% Volume: 1,819,629

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 Delivers $2.8 Million Incentive to General Motors for Energy Efficiency Upgrades in Flint

Mar 08, 2019
GM Receives $13 Million in Last 10 Years for Reducing Energy Use

FLINT, Mich., March 8, 2019 /PRNewswire/ -- Officials from Consumers Energy today presented General Motors with a payment worth over $2.8 million for energy-saving upgrades at the automaker's Flint facilities that benefit the planet and Michigan's prosperity.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"General Motors has made a commitment to sustainability, and we are pleased to work with them to take actions that are good for their customers and all of Michigan," said Brian Rich, Consumers Energy's senior vice president for customer experience.

Consumers Energy presented the energy efficiency payment at General Motors' Flint Assembly, where the automaker has completed 21 energy-saving projects in the last year that included a new energy-efficient body shop and building-wide lighting upgrades.

In the last decade, General Motors has received $13.3 million in payments from Consumers Energy for upgrades at its Michigan plants that reduce energy use. The Flint upgrades alone will save enough electricity to power about 1,600 houses and natural gas to heat about 550 homes.

"GM Flint Assembly's commitment to sustainability enables us to develop an energy-efficient work environment for our team," said Michael Perez, GM Flint Assembly plant manager. "Our relationship with Consumers Energy allows us to continue to identify new opportunities to reduce and reuse energy."

Consumers Energy and General Motors have collaborated on recent efforts that protect the planet. General Motors this year became one of the first two participants in a new program that matches its Flint operations 100 percent with renewable energy. Consumers Energy's parent company, CMS Energy, also opened a wind farm last year that provides renewable energy to General Motors' operations in Ohio.

Consumers Energy has helped Michigan homes and businesses save over $2 billion in costs since 2009 through its energy efficiency programs and rebates.

"General Motors is an example to all businesses, large and small, of how to take control of energy use and reduce costs while protecting the planet," Rich said. "They show it's possible to make decisions that are good for business and the environment."

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.

General Motors (NYSE: GM) is committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Cadillac, Chevrolet, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, Maven, its personal mobility brand, and Cruise, its autonomous vehicle ride-sharing company, can be found at http://www.gm.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-delivers-2-8-million-incentive-to-general-motors-for-energy-efficiency-upgrades-in-flint-300809241.html

SOURCE Consumers Energy

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