Consumers Adds More Renewables To Portfolio, Sets MSU Session On Digesters, Residential Solar Projects
The Jackson utility Consumers Energy Wednesday announced a new renewable energy program to buy electricity produced by anaerobic digesters. The utility will provide more information on the digesters as well as residential solar projects in an information April 8 in Lansing.
The Sunnyvale, Calif. IT firm HCL Technologies opened its Michigan Technology Development Center in downtown Jackson Monday, where 120 new HCL employees will provide IT services to the Jackson-based utility holding company CMS Energy.
CMS Energy misses a profit target as expenses rise quickly, but revenue also grows more than expected.
Consumers Energy said WEdnesday that its nearly $1 billion investment over the past five years is paying off for its 1.8 million customers, producing a 20 percent improvement in electric reliability.
CMS Energy shareholders elected 11 members to the board of directors at the company’s annual shareholder meeting Friday.
Consumers Energy has spring and summer safety tips for Michigan residents in recognition of National Electrical Safety Month this May.
CMS Energy Thursday reported first quarter net income of $144 million, or 53 cents a share, more than double reported net income of $67 million, or 25 cents a share, for the same quarter of 2012.
Consumers Energy will lower natural gas fuel costs by 15 percent effective April 1.
Michigan nonprofit organizations received $10 million in contributions in 2012 from Consumers Energy, its employees, retirees, its foundation, and the utility’s parent company, CMS Energy.
CMS Energy Thursday reported net income of $67 million, or 25 cents a share, for the fourth quarter of 2012, up from net income of $41 million, or 15 cents a share, for the same quarter of 2011.