CMS Energy earnings rise
JACKSON–The utility holding company CMS Energy (NYSE: CMS) announced net income of $174 million or 60 cents a share for the third quarter of 2023, up from $135 million or …
DTE ties for fourth in J.D. Power utility sustainability index; CMS fifth
TROY–A new sustainability index from the customer experience firm J.D. Power placed two Michigan utilities in the top five for sustainability among the nation’s electric utilities. Detroit-based DTE Energy tied …
Consumers Energy Foundation makes three grants totaling $500k
JACKSON–The Consumers Energy Foundation announced $500,000 in grants as part of its annual People Awards. This year’s recipients are organizations based in Jackson and Grand Rapids that are working to …
Consumers Energy rolls out new ‘Mi Clean Air’ program
JACKSON—The Jackson-based electric and gas utility Consumers Energy has kicked off a new program for residential and business customers who want to offset carbon emissions from their natural gas use …
Consumers Energy to add three solar farms, 375 megawatts of power
JACKSON—Consumers Energy, the Jackson-based electric and gas utility, announced agreements to add almost 400 megawatts of clean energy—enough to power nearly 190,000 homes—from three Michigan solar projects in southern central …
CMS Energy earnings dip on jump in operating expenses
JACKSON—CMS Energy Corp. (NYSE: CMS), the Jackson-based utility holding company, reported net income of $183 million or 64 cents a share in the third quarter, down from $210 million or …
CMS Energy sells EnerBank
JACKSON—CMS Energy Corp. (NYSE: CMS), the Jackson-based utility holding company, announced the sale of its subsidiary, the Salt Lake City, Utah-based home improvement lender EnerBank USA, to Regions Bank, a …
Consumers Energy Foundation gives $500k to groups protecting Michigan environment
JACKSON—Four environmental organizations around Michigan are the recipients of the Consumers Energy Foundation’s second annual Planet Awards. “Consumers Energy is dedicated to ensuring Michigan has world-class natural resources, and this …
CMS Energy profits jump
JACKSON—CMS Energy (NYSE: CMS) announced net income of $342 million or $1.21 a share in the first quarter ended March 31, up from $243 million or 85 cents a share …
Pandemic caused surge in power use, but not in love for utilities
ANN ARBOR—Household power consumption surged during the pandemic, but customer perceptions of utilities barely budged. Residential customer satisfaction with the energy utilities sector overall ticked down 0.1 percent to 72.0 …