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Tag: Utilities

Earnings / Utilities

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 …

Earnings / Utilities

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 …

Appliance Industry / Recycling / Utilities

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 …

Customer Experience / Utilities

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 …

Earnings / Utilities

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 …

Coronavirus / Utilities / Women in Tech

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 …

Coronavirus / Utilities

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 …

Environment

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 …

Battery Technology / Telecommunications / Utilities

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 …

Infrastructure / Utilities

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 …

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