- CEO
- Garrick J. Rochow
- Full Time Employees
- 8,090
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- One Energy Plaza Jackson MI United States of America 49201
- IPO Date
- Nov 7, 1972
- Business
- Consumers Energy Company (CMS-PB) is a regulated utility providing electric and natural gas services to approximately 6.8 million residential, commercial, and industrial customers across Michigan's Lower Peninsula and Upper Peninsula. The company offers electricity distribution and transmission through its grid infrastructure; natural gas distribution via pipelines serving residential heating, commercial cooking, and industrial processes; energy efficiency programs including rebates for appliances and smart thermostats; renewable energy sourcing from wind, solar, and hydroelectric facilities; advanced metering infrastructure for real-time usage tracking; and customer support services such as bill payment plans and outage management apps. Headquartered in Jackson, Michigan, and founded in 1909 as Commonwealth Power Company before evolving through mergers, Consumers Energy operates primarily within the U.S. Midwest region, with a focus on the MISO (Midcontinent Independent System Operator) market for wholesale power transactions.
In recent developments, Consumers Energy announced a major strategic shift in 2024 with its "Clean Energy Plan," committing to achieve net-zero carbon emissions by 2040 through accelerated coal plant retirements, expanded battery storage projects, and 8 gigawatts of new solar capacity by 2040, including partnerships with developers like DTE Electric for grid modernization. The company completed the acquisition of additional wind farm assets in 2024, enhancing its renewable portfolio to over 3,000 megawatts, and secured a $200 million federal grant in late 2024 for EV charging infrastructure expansion in collaboration with the U.S. Department of Energy. Additionally, in early 2025, Consumers Energy launched a new hydrogen blending pilot program for natural gas lines and formed an alliance with General Motors to electrify commercial fleets, marking significant operational expansions amid regulatory approvals from the Michigan Public Service Commission.