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CMS Energy Stock Price

65.26 -0.52 -0.79% Volume: 1,184,258 09.23.22 04:03 ET

CMS Energy Stock Price

23Sep2022 04:03 ET 65.26 -0.52 -0.79% Volume: 1,184,258

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 Gathering Opinions to Guide Planning Their Dams' Futures

Aug 09, 2022

Collecting Feedback from Community Meetings and Surveys

JACKSON, Mich., Aug. 9, 2022 /PRNewswire/ -- Consumers Energy is starting this month to gather opinions from the public about the 13 dams they own and operate on five Michigan rivers to help guide their decisions about the future of those electric generating facilities.

"We need to perform due diligence now as the licenses to operate our dams begin to expire in 12 years. We do not want to assume we know how individuals and communities feel about our dams as we develop plans to either continue investing in or remove any of our river hydro facilities," said Norm Kapala, vice president of generation operations at Consumers Energy. "We are keenly aware dams have great significance for local communities and impact recreation for Michigan residents and visitors statewide. Public input will be an important component in our long-term strategic planning regarding the future of our dams."

The energy provider hired Public Sector Consultants (PSC), a Lansing-based nonpartisan research and consulting firm that specializes in public engagement, to develop an adjacent property owner survey and conduct public meetings near each of Consumers Energy's dams from August through October this year with the goal of collecting unbiased feedback regarding the facilities. Anyone is welcome to attend any of the public community meetings. Owners of property adjacent to the dams should expect to receive the survey in the mail the week of August 15.

For community meeting details, to provide comments, and more information about the process access: ConsumersEnergy.com/HydroFuture.

Consumers Energy makes decisions based on the Triple Bottom Line that ensures benefits for people, the planet and Michigan's prosperity. Factors Consumers Energy considers in determining the future for its dams include regulatory compliance, safety, community impacts, operating costs and environmental impacts. These topics will be covered at the public meetings by PSC and Consumers Energy dam experts.  Community feedback will be solicited, as well, during a facilitated discussion.

The 30- to 40-year federal licenses to operate the dams Consumers Energy owns and operates on the Muskegon, Manistee, Grand, Kalamazoo and Au Sable rivers are set to expire beginning in 2034 through 2041.

Schedule of public meetings: (All meetings begin with an open house at 5:30 p.m. and the public meeting will begin at 6:00.)

Hardy Dam
Wednesday, August 24
Newaygo High School Cafeteria
360 S. Mill Street, Newaygo, MI

Calkins Bridge Dam
Wednesday, August 31
Allegan High School
1560 M-40, Allegan, MI 49010

Croton Dam
Thursday, September 8
Newaygo High School Cafeteria
360 S. Mill Street, Newaygo, MI

Webber Dam
Thursday, September 15
Lyons Township Hall
105 Prairie Street, Lyons, MI 48851

Rogers Dam
Tuesday, September 20
Mecosta Township Hall
19729 11 Mile Road, Big Rapids, MI 49307

Mio Dam
Monday, September 26
Mio AuSable High School Auditorium
1110 W. 8th Street, Mio, MI 48647

Foote Dam
Tuesday, September 27
Oscoda High School Auditorium
3550 E. River Road, Oscoda, MI 48750

Cooke Dam
Wednesday, September 28
Oscoda High School Auditorium
3550 E. River Road, Oscoda, MI 48750

Tippy Dam
Tuesday, October 4
Kaleva Norman Dickson School System
4400 N. High Bridge Rd, Brethren, MI 49619

Hodenpyl Dam
Wednesday, October 5
Springville Township Community Center
105 E. Mesick Ave, Mesick, MI 49668

Alcona Dam
Monday, October 10
Eagle Ridge Golf Course
3501 State Rd, Glennie, MI 48737

Loud Dam
Tuesday, October 11
Eagle Pointe Plaza, Plainfield Township Hall
415 E. Main Street, Hale, MI 48739

Five Channels Dam
Wednesday, October 12
Eagle Pointe Plaza, Plainfield Township Hall
415 E. Main Street, Hale, MI 48739

Consumers Energy is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Check out Consumers Energy on Social Media  

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy/

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-gathering-opinions-to-guide-planning-their-dams-futures-301602277.html

SOURCE Consumers Energy

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