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CMS Energy Stock Price

50.54 +0.32 +0.64% Volume: 2,326,632 01.16.19 04:02 ET

CMS Energy Stock Price

16Jan2019 04:02 ET 50.54 +0.32 +0.64% Volume: 2,326,632

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 Families in Michigan with Winter Heating Bills

Jan 07, 2019
Up to 7,000 Households Can Get Assistance Through CARE Program

JACKSON, Mich., Jan. 7, 2019 /PRNewswire/ -- Consumers Energy announced today that it has now contributed $10 million to help customers in need to pay their energy bills -- part of the energy provider's ongoing efforts this winter to help Michigan residents stay safe and warm.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"Our Triple Bottom Line commitment to people, the planet and Michigan's prosperity means that we're looking out for the people we serve, particularly those who face hardship," said Patti Poppe, Consumers Energy's president and chief executive officer. "We're pleased that we can provide help for thousands of Michigan families to ensure they have the power and natural gas they need during another cold winter."

Consumers Energy this month provided $8 million to help eligible customers with energy bills, in addition to a $2 million contribution in October.

Together, the money will help up to 7,000 households enter Consumers Energy's CARE program or receive other help to pay energy bills. The CARE program allows customers to get on a path to self-sufficiency by providing an affordable payment plan with monthly credits and gradual forgiveness of past-due balances to reward on-time payments. Participants also qualify for energy-saving tools, including free in-home energy efficiency upgrades.

The company has been sharing information with customers this winter about how to reduce energy use and find available assistance in their communities to help with bills. Natural gas use for Consumers Energy's residential customers was more than 20 percent higher in November 2018, compared to the previous year, due to colder-than-normal temperatures.

Consumers Energy encourages people who are facing hardship with energy bills or other needs to call 2-1-1, a free service in all Michigan counties that connects people with resources to help in their community.

Those who call 2-1-1 can be referred to one of the eight nonprofit organizations that are receiving the $8 million from Consumers Energy. They are United Way of Jackson County, TrueNorth Community Services, The Salvation Army, The Heat and Warmth Fund (THAW), Michigan Community Action Agency, The Society of St. Vincent de Paul in the Archdiocese of Detroit, United Way for Southeastern Michigan, and Michigan Veterans Trust Fund.

"We want the people who we serve – our friends and neighbors – to know help is available now," Poppe said.

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.

Need help paying your bill?

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

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 to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-provides-10-million-to-help-families-in-michigan-with-winter-heating-bills-300773267.html

SOURCE Consumers Energy

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