[11] Transformation of the plant began in 1986 and was completed at a cost of $500 million. CMS Enterprises owns/operates more than 1,300 MW of generating assets nationwide. [39], In early 2018, General Motors (GM) and Consumers announced that they formed a partnership to develop "smart charging" technology for owners of electric vehicles. The company was founded in 1886 and … [15][16] In 2011, Consumers Energy received approval to establish a 100-megawatt wind energy facility in Michigan’s Mason County called Lake Winds Energy Park. [17][18] By 2015, Consumers Energy produced ten percent of its electricity from renewable sources. For more information on CMS Energy, please visit our website at cmsenergy.com. Who owns CMS Energy Corporation? Please. [29][30], Consumers Energy, CMS Energy's primary subsidiary, was named Energy Star Partner of the Year in 2014 and 2015 for excellence in sustainable energy efficiency programs. The company's history dates back to 1886, when William Augustine Foote and Samuel Jarvis initially approached Jackson, Michigan officials and asked them to support efforts to illuminate Jackson's downtown with electric arc lights. There's Help Available", "Consumers Energy Pipeline Inspections Part of Robust Program Designed to Enhance Safety and Reliability", "Consumers Energy partnering with The Salvation Army for heating help", https://en.wikipedia.org/w/index.php?title=Consumers_Energy&oldid=980628768, Electric power companies of the United States, Hydroelectric power companies of the United States, Natural gas companies of the United States, Nuclear power companies of the United States, Non-renewable resource companies established in 1886, Articles using NRISref without a reference number, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 27 September 2020, at 15:35. Consumers Energy's primary distribution voltages are 2.77/4.8Y, 4.8/8.32Y, 7.2/12.47Y, 7.97/13.8Y and 14.4/24.9Y. It includes an 842-acre reservoir that can store up to 27 billion gallons of water — the equivalent of 2 million backyard swimming pools. [26], In 2015, 9 percent of CMS Energy's power comes from renewable energy sources. This year marks the third year in a row that Consumers Energy has received this recognition. Michigan-based CMS Energy owns electric and natural gas utility Consumers Energy, as well as independent power generation businesses. Courtesy of CMS Energy. [12] In 1920, Foote and Jarvis offered preferred shares of their company to the public to secure sufficient financing to enter other energy and power generation sectors. [5][6] Its non-utility businesses are focused primarily on domestic independent power production. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. [12] In 1920, Foote and Jarvis offered preferred shares of their company to the public to secure sufficient financing to enter other energy and power generation sectors. We serve more than 840,750 electric customers and 352,585 natural gas customers in and around San Antonio, the nation’s seventh largest city. They formed a company, Jackson Electric Light Works in 1888. [9] On October 23, 1987, CMS Energy became a publicly owned company and was listed at the New York Stock Exchange. Consumers Energy has operated since 1886. Michigan-based CMS Energy owns electric and natural gas utility Consumers Energy, as well as independent power generation businesses. In 1889, they built a hydro plant project at the Trowbridge Dam on the Kalamazoo River. The Three Mile Island accident in 1979 resulted in a massive change in nuclear regulatory requirements and system redesign. Karn generating station located on Saginaw Bay near Bay City. [29][30], Consumers Energy, CMS Energy's primary subsidiary, was named Energy Star Partner of the Year in 2014 and 2015 for excellence in sustainable energy efficiency programs. In 1946, the company formed a strategic partnership with Panhandle Company to convert former natural gas fields to underground natural gas storage areas. Later that year, CMS Energy received Edison Electric Institute's Index Award for top cumulative shareholder return in the small cap category. [16][17], The company announced another nuclear plant, Palisades Nuclear Generating Station on Lake Michigan,[18][19] which first produced electricity in December, 1971 to serve 400,000 people a day. [12][13][14], In 1997, the name of the company was changed to Consumers Energy. All Rights Reserved. Ticker: CMS; CUSIP Number: 125896100; Top investors of CMS Energy Corporation stock. Consumers Power was rebranded Consumers Energy in 1997. Want to be notified whenever an investor makes a significant change to their holdings of CMS Energy Corporation? Consumers Energy is a public utility that provides natural gas and electricity to 6.7 million of Michigan's 10 million residents. [7], In 1907, Foote and Jarvis built Croton Hydro project on the Muskegon River,[11] the first project in the world that could transmit 110,000 volts of electricity. [24], In 2003, the firm moved its headquarters to One Energy Plaza in Jackson, Michigan. [6] It became part of the utility holding conglomerate Commonwealth and Southern, which held utilities in 10 other states. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010", "Consumers Energy Employee Receives Michigan Gatekeeper of the Year Award", https://en.wikipedia.org/w/index.php?title=CMS_Energy&oldid=984562099, Natural gas companies of the United States, Non-renewable resource companies established in 1890, Companies listed on the New York Stock Exchange, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 October 2020, at 19:28. Who bought or sold CMS Energy Corporation this quarter? Past performance is a poor indicator of future performance. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010", "Consumers Energy Employee Receives Michigan Gatekeeper of the Year Award", https://en.wikipedia.org/w/index.php?title=CMS_Energy&oldid=984562099, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 October 2020, at 19:28. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. CMS Energy (NYSE: CMS), based in Jackson, Michigan, is an energy company that is focused principally on utility operations in Michigan. [24], In 2003, the firm moved its headquarters to One Energy Plaza in Jackson, Michigan. [31] The firm received the 2015 Emergency Recovery Award[32] for its electricity restoration efforts during the December 2013 North American storm complex. [34], CMS Energy has helped establish and finance numerous research, educational and cultural institutes in the United States. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices In 2007, the company announced plans to invest $6 billion in Michigan's energy future to support new power plant technology and identify new energy sources. Strategic business partners include manufacturers, distributors, franchisors, associations, and major retailers of home improvement, remodeling, and energy saving products and services. [22], In 1987, CMS Energy, a holding company with its principal subsidiaries as Consumers Power and CMS Enterprises was formed. Ranked as a Top 10 Global Law Firm, CMS can work for you in 70 cities in 43 countries and with 77 offices worldwide. The 1910 Consumers Power, in turn, was the successor to W. A. Foote's Commonwealth Power Company established in 1886. When it was revealed the containment buildings were settling and foundation cracks were discovered, Dow cancelled its contract with Consumers Power, and the project was abandoned in 1984. [25] In 2014, Consumers Energy opened Cross Winds Energy Park in Michigan's Tuscola County and signed a contract with General Electric to supply 621.79-kilowatt wind turbine engines for the project. Consumers Energy has operated since 1886. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. [7], CMS Enterprises' primary businesses are independent power production and natural gas transmission. [24] In 2018, Consumers Energy became the title sponsor of the August Monster Energy NASCAR Cup Series race at Michigan International Speedway. Corporate Governance CMS Energy Corporation’s ISS Governance QualityScore as of October 6, 2020 is 2. [7], CMS Enterprises' primary businesses are independent power production and natural gas transmission. CPS Energy is the nation’s largest municipally owned energy utility providing both natural gas and electric service. [21] This plant was the first of its kind in North America to produce synthetic gas, converting impure liquid petroleum into pipeline-quality natural gas. Powered and implemented by Interactive Data Managed Solutions. Following is a complete, sortable list of Consumers Energy's hydroelectric generating facilities: Consumers Energy also operates and co-owns (with DTE Energy) the Ludington Pumped Storage Power Plant near Ludington. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. [33] The Cobb power plant in Muskegon; the Whiting power plant on Lake Erie in Luna Pier, just north of the Michigan-Ohio state line and the J.C. Weadock Generating Plant were all coal plants that ceased operating in 2016. CMS Energy’s primary business is Consumers Energy, providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties. "[40], Annually, Consumers Energy awards about $10 million to Michigan nonprofit organizations through grants, employee and retiree contributions and, corporate giving. [9] On October 23, 1987, CMS Energy became a publicly owned company and was listed at the New York Stock Exchange. Consumers Energy has operated since 1886. [27] Primary CMS Energy subsidiary Consumers Energy joined the Wildlife Habitat Council as an active member. Campbell power plant between Holland and Grand Haven. [7] After serving Michigan for more than 80 years, the company reincorporated in Michigan in 1968 and maintained its headquarters in Jackson, Michigan. [25][26], Consumers Energy owns 13 hydroelectric facilities or dams along five rivers in Michigan. [20][21] Consumers Energy's trademark slogan is "Count on Us", and it is the primary subsidiary of CMS Energy. CMS Energy (NYSE: CMS), based in Jackson, Michigan, is an energy company that is focused principally on utility operations in Michigan. [16][17], The company announced another nuclear plant, Palisades Nuclear Generating Station on Lake Michigan,[18][19] which first produced electricity in December, 1971 to serve 400,000 people a day. Consumers retained its looped 23kV and 46kV high voltage sub-transmission (HVD) systems and its radial 138 kV lines as well. Consumers Energy has also worked on early childhood development and education in Michigan and has also received Wildlife Habitat Council (WHC) compliant certificates for its efforts to promote environmental education. Consumers Energy was given the William Booth Award in 2013 by The Salvation Army in recognition of its long history of philanthropic activities and leadership for the PeopleCare assistance program. Rich joined CMS Energy as CIO in 2014 to advance the company’s strategic goals with resilient integrated information technologies.
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