CMS Energy profits rise, 2022 guidance raised
JACKSON—CMS Energy, the electric and gas utility, reported net income of $1.33 billion or $4.66 a share for 2021, up from $752 million or $2.64 a share in 2020. Revenue …
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 …
Arca opens appliance recycling center in Grand Rapids
MINNEAPOLS—Arca Recycling Inc., the largest appliance recycling program manager in North America, announced the opening of a new recycling center in Grand Rapids to support multiple contracts to provide appliance …
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 …
CMS Energy revenue, net income rise
JACKSON—Officials at CMS Energy (NYSE: CMS) announced second quarter net income of $136 million or 48 cents a share, up from $93 million or 33 cents a share in the …
Women in tech, utilities, pandemic the focus of July 27 M2 TechCast
ANN ARBOR—The July 27 M2 TechCast will feature wide-ranging discussions on women in technology, utility options available to consumers, and continuing news of the coronavirus pandemic from one of the …
Customer trust in utilities hits all-time high
LIVONIA—Officials at the human behavior analytics firm Escalent announced that customer trust in utilities has hit a historic high due to the industry’s effective response to the COVID-19 pandemic. Escalent’s …
Utilities’ environmental scores rise in new consumer survey
LIVONIA—Many of the nation’s electric and gas utilities are getting good news on this 50th anniversary of Earth Day: customers are scoring them significantly higher on environmental stewardship. The Environmental …
New battery locker system from Redford power management firm
REDFORD TWP.—Alpine Power Systems Inc. announced the introduction of its PowerMax Power Cabinet, a safe, lockable enclosure for battery systems up to 135 volts DC. Designed for indoor use, the …
Moy named executive director of Michigan Infrastructure Council
LANSING – Acting Deputy State Treasurer Anne Wohlfert today announced that Jessica Moy has been named executive director of the Michigan Infrastructure Council. Moy will be coordinating the efforts of …