Consumers Energy is a public utility serving all 68 counties in the lower peninsula of Michigan. Its primary subsidiary is CMS Energy, which has been in business since 1865. It provides electricity and natural gas services to over two million customers each year. This article describes the history of the company and how it operates. Let’s take a look at some of its services and how you can contact it. If you live in the Lower Peninsula, you can find a location near you by using the map below.
The company operates a number of cooperatives across the country. It has a presence in six states, including Michigan. In the lower peninsula, it provides electricity and natural gas to more than 1.8 million customers. The organization is the largest member-owned electric cooperative in the United States, and serves approximately six million people in 62 counties. It is one of the largest cooperatives in the Midwest. It is headquartered in Marshalltown, Iowa, with an outpost in Nevada.
Consumers Energy has two major nuclear power plants. The Big Rock Point Nuclear Power Plant, near Charlevoix, Michigan, operated for 35 years before closing in 1997. It was Michigan’s first nuclear power plant and produced 67 megawatts of electricity. There’s also the Palisades Nuclear Generating Station, located five miles south of South Haven. Founded in 1892, the Midland Cogeneration Venture is a member-owned cooperative that serves five counties in Central Iowa.
Consumers Energy will be retiring coal-burning power plants by 2040. Its goal is to generate 40% of its electricity from renewable sources. It also became a title sponsor of the Michigan International Speedway’s Monster Energy NASCAR Cup Series race in 2018. The company will retire its CEO, Garrick J. Rochow, in December 2020. The CEO was previously appointed by Consumer Power. He has been in the role for 17 years.
Consumers Energy is a member-owned electric cooperative based in Marshalltown, Iowa. The company has an outpost in Nevada, Iowa. It serves about five million residents in five counties in Central. The company plans to retire coal-burning plants by 2040. The utility plans to increase renewable sources by 2040. They are also a major sponsor of the Michigan International Speedway. In addition to its other activities, Consumers Energy has a strong environmental commitment.
In its next general rate case, Consumers Energy will seek approval for a plan to purchase a gas plant owned by an affiliate. The company is regulated by the MPSC, but its prices are not regulated by the agency. A member-owned utility has the right to choose its supplier, but a customer must stay with a utility for at least 12 months. It is not legal to switch suppliers if you are not happy with their service.
In an effort to reduce its carbon footprint, Consumers Energy is planning to retire coal-burning plants by 2040. The company is also planning to increase renewable energy sources in the future. In addition, it has become the title sponsor of the Michigan International Speedway. Further, Consumers Energy plans to transition to a 100% renewable-energy grid by 2040. And if the new plan is approved, CMS will move forward with the process to build a new coal plant.
In its latest general rate case, Consumers Energy sought approval for $128 million in capital costs in 2021 and 2022. The funds will be used to build a solar energy plant in Ann Arbor. The utility hopes to be carbon neutral by 2040. However, it would be inappropriate to consider these capital expenditures until the next general rate case. In the meantime, the company is planning to reduce the amount of debt it has by 40 percent, which is a significant step toward becoming a sustainable company.
Consumers Energy is the nation’s largest electric and natural gas company. With more than 5,000 members throughout five counties in the lower peninsula, Consumers Energy is the biggest utility in the Midwest. Further, it is the most popular power supplier in the state. It is the number one power provider in several regions, and it has been serving the needs of over 6 million Michigan households for nearly ten years. If you’re in the market for an electric power supplier, consider switching to a natural gas-based company.