CMS Energy

CMS Energy Corporation stands as one of America's leading energy companies, with deep roots in Michigan stretching back to 1886. Headquartered in Jackson, Michigan, the company operates primarily through its principal subsidiary, Consumers Energy, which provides electric and natural gas services to more than 6.7 million of Michigan's 10 million residents across all 68 counties of the Lower Peninsula. This makes CMS Energy one of the largest combination utilities in the United States, serving a diverse customer base that includes residential, commercial, and industrial clients across sectors including automotive, chemical, metal, and food products.

The company's electric business generates power from a diverse portfolio that includes hydroelectric systems (including part ownership of the Ludington Pumped Storage facility), wind farms, natural gas peakers, and increasingly, renewable energy sources. CMS Energy has been at the forefront of the clean energy transition, having retired its last three coal plants (JH Campbell 1, 2, and 3) in early 2025, achieving its goal of exiting coal ahead of schedule. The natural gas business purchases, stores, transmits, and distributes natural gas to 1.8 million customers through over 27,000 miles of transmission and distribution pipelines, making it a critical infrastructure provider for the state.

CMS Energy's commitment to sustainability is evident in its ambitious environmental goals: net zero methane emissions by 2030, 60% renewable energy by 2035, 100% clean energy by 2040, and net zero greenhouse gas emissions by 2050. The company plans to add nearly 8,000 megawatts of solar capacity over the next two decades and has already increased its renewable nameplate capacity to 30% by 2025, up from just 14% in 2021. Through comprehensive energy efficiency programs launched in 2009, innovative renewable energy offerings like Solar Gardens, and customer-focused initiatives, CMS Energy continues to lead Michigan's energy transition while maintaining industry-leading reliability—with over 93% of customers experiencing power restoration in less than 24 hours in 2024.

Financially, CMS Energy has demonstrated consistent performance, delivering strong results for the 22nd consecutive year in 2024 with annual revenue of $7.515 billion and adjusted earnings per share of $3.34. The company employs approximately 8,324 people and operates on a Triple Bottom Line framework focused on People, Planet, and Prosperity. With a 19-year track record of dividend increases and long-term adjusted EPS growth targets of 6-8%, CMS Energy continues to balance shareholder value creation with its mission of delivering "World Class Performance Delivering Hometown Service" while pioneering the clean energy future for Michigan.

As a publicly traded company listed on the New York Stock Exchange since October 23, 1987, CMS Energy has evolved from its 1886 founding as Jackson Electric Light Works into a modern energy leader. The company's transformation reflects both Michigan's industrial evolution and the broader energy sector's transition toward sustainability, positioning CMS Energy as a model for how traditional utilities can successfully navigate the clean energy revolution while maintaining reliability, affordability, and community service.