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CMS Energy Stock Price

61.55 +0.54 +0.88% Volume: 114,432 08.12.20 10:15 ET

CMS Energy Stock Price

12Aug2020 10:15 ET 61.55 +0.54 +0.88% Volume: 114,432

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 Offers Tips to Save Energy and Money as Summer Temperatures Soar Heading into July 4th Holiday

Jul 01, 2020
Free Thermostat Program can reduce bills up to 15 percent

JACKSON, Mich., July 1, 2020 /PRNewswire/ -- With daytime temperatures soaring to 90 degrees or higher for the rest of the week across Michigan, Consumers Energy is offering ideas to help households lower their monthly energy bills and usage.

"Michigan residents should know they can take simple steps in their homes every day to reduce energy waste and lower their bills," said Lauren Youngdahl Snyder, Consumers Energy's vice president of customer experience. "Consumers Energy is committed to helping people stay in control of their energy use and still stay comfortable, even on summer's hottest days."

Consumers Energy is giving away 100,000 Google Nest Thermostat E's through July 31.  Consumers Energy customers can learn more and receive thermostats at ConsumersEnergy.com/freethermostat.  Since the program began  in mid-May, approximately 42,000 thermostats have been sent to electric customers.

By receiving the Wi-Fi enabled thermostats, customers are enrolled in Consumers Energy's Peak Power Savers® Smart Thermostat Program.  Early in the day when hot weather is expected, Consumers Energy's technology partners send a secure signal to the device to pre-cool the home. Customers are notified a day in advance and can override the signal if desired, with no penalty. The thermostats can save up to 15 percent a month on cooling costs, even though temperatures are never adjusted more than 2 degrees.

As part of its Clean Energy Plan, Consumers Energy is actively encouraging customers to shift their energy use away from peak times, typically 2-7 p.m. weekdays in the summer, when demand rises and electricity is more expensive to provide. In addition to the Smart Thermostat program, Consumers Energy encourages electric customers to sign up for one of its Peak Power Savers® programs, which can help lower energy bills.

Youngdahl Snyder also offered seven tips to help reduce summer energy use:

  1. If you have central air conditioning, clean leaves and debris from the unit and away from the compressor because they can block airflow. Clean the filter regularly. Dusty filters make your air conditioner work harder.
  2. Set your thermostat at 78 degrees when you're home and higher when you're away. Install an automatic setback or programmable thermostat that starts your air conditioner shortly before you get home.
  3. Close drapes, shades and blinds during the day to prevent the sun from heating your home unnecessarily. Open windows and doors in early morning and in the evening to let cooler air in.
  4. Make sure to seal and insulate your home. Reducing air leakage can be just as important to keep cool in the summer as to stay warm in the winter. Information about rebates for air sealing, insulation and windows is available at www.ConsumersEnergy.com/myhome or by calling 866-234-0445.
  5. Operate your stove, oven, dishwasher and clothes dryer in the morning or evening when it's cooler outside. They add extra heat to your home and make your air conditioner work harder.
  6. Keep cool with fans. A ceiling fan cools fast and costs less than air conditioning. You can also reduce the need for air conditioning by installing an attic fan.
  7. Replace or tune up your old air conditioning equipment and receive rebates ranging from $50 to $500. Go to www.ConsumersEnergy.com/myhome or call 866-234-0445 to choose a participating contractor, who will install equipment, perform tune-ups and submit the rebate application for you.

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 ConsumersEnergy.com.

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-offers-tips-to-save-energy-and-money-as-summer-temperatures-soar-heading-into-july-4th-holiday-301086537.html

SOURCE Consumers Energy

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