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CMS Energy Stock Price

62.93 +0.26 +0.41% Volume: 14,812 01.31.23 09:30 ET

CMS Energy Stock Price

31Jan2023 09:30 ET 62.93 +0.26 +0.41% Volume: 14,812

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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Important Notes

  • The information contained in this Machine-Readable File may be difficult to access without certain technology.
    • These files may be large and require a computer that can download at least up to 1TB (terabyte) of data. Most modern hard drives store half of this amount of data. Based on your computer's storage and hard drive, attempting to open or download large files may cause instabilities in Windows, cause performance issues resulting in downloads that could take hours, days or weeks depending on the file size and hard drive combination. For reference: 1TB = 243 high-definition streaming movies (average 2 hours per movie).
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News Releases

Consumers Energy Makes New $25 Million Contribution to Help Michigan Homes and Businesses with Bills

Jan 19, 2023

JACKSON, Mich., Jan. 19, 2023 /PRNewswire/ -- Consumers Energy today is announcing it will provide $25 million to homes and businesses, a meaningful effort to help customers who are facing challenges with their energy bills.

The contribution, approved today by the Michigan Public Service Commission, is being delivered through $15 million in automatic bill credits to all Consumers Energy electric customers and another $10 million in assistance for financially vulnerable households.

In all, Consumers Energy has provided over $37 million in help for energy bills and basic needs since the start of last year.

"Consumers Energy cares about Michigan and our customers, and we consider it our mission to look out for the households and businesses that count on us every day," said Garrick Rochow, Consumers Energy's president and CEO. "We are putting dollars directly in the hands of our customers, particularly for those who need help staying warm and safe in their homes this winter."

Consumers Energy is making this new promise as many Michiganders cope with the effects of last year's inflation and increases in energy costs. In December, Consumers Energy provided another $7.25 million to nonprofits to help customers in need. And the energy provider serves customers every day by working to keep bills as low as possible.

Homes and businesses that receive electricity from Consumers Energy will start automatically receiving $15 million in bill credits for the next 12 months based on their energy use. Customers do not need to take any action to receive those dollars.

People who need help should contact 2-1-1, a free service that connects Michiganders with nonprofits to find help with basic needs, from energy bills to food and shelter. Consumers Energy customers also should call 800-477-5050 if they are facing challenges with their bill.

"We want to make sure that everyone knows not only that Consumers Energy is helping, but that they can take steps today to get access to those dollars," Rochow said. "Assistance is only a phone call away."

Many people can manage their winter bills by starting with tips at home or work. Learn more at ConsumersEnergy.com/coldweather.

  • Have your heating system tuned and inspected by a service professional. Heat losses from a poorly maintained system can range between 1-2 percent a year.
  • Clean or replace your furnace filter often during the heating season. If your furnace can "breathe" more easily, it will use less energy.
  • Dial your thermostat down at night and add an extra blanket for warmth.
  • Make sure your attic, basement, garage and exterior doors are closed to prevent cold drafts from getting in and heat from getting out.
  • Turn on your ceiling fan. Ceiling fans set at a slow speed push warm air away from the ceiling and move it around the room without creating a chilling breeze.

Consumers Energy, Michigan's largest energy provider, 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.

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
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-makes-new-25-million-contribution-to-help-michigan-homes-and-businesses-with-bills-301726207.html

SOURCE Consumers Energy

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