Barclays to Consumers Energy: Meet Sustainability Goals, Pay Less Interest on Loan

Barclays to Consumers Energy: Meet Sustainability Goals, Pay Less Interest on Loan

CMS Energy and its subsidiary, Consumers Energy, have entered the first syndicated sustainability-linked revolving credit facilities for a US borrower. This means that CMS can reduce its interest rate on the $1.4 billion of new credit by meeting targets related to environmental sustainability – specifically renewable … Read more…

Consumers Energy Offers Distributed Energy Resources to C&I Customers with Viridity Software

Consumers Energy Offers Distributed Energy Resources to C&I Customers with Viridity Software

Viridity Energy Solutions Inc. will provide energy management and demand response software and services to Consumers Energy commercial and industrial customers in an effort to help customers manage their energy costs. The Viridity software and technology platform has been tailored to meet the specific energy … Read more…

Consumers Energy To Cut Coal, Add Renewables by 2040

Consumers Energy To Cut Coal, Add Renewables by 2040

Consumers Energy, the largest energy provider in Michigan, aims to reduce carbon emissions by 80% and completely stop using coal for electricity generation by 2040. The public utility also said it plans to make sure at least 40% of the energy produced by that date … Read more…

Consumers Energy Customers to Save $172M Through Early Termination of Palisades PPA

Entergy and Consumers Energy announced on December 8 that they have agreed to an early termination in 2018 of their power purchase agreement (PPA) for the Palisades Power Plant – reducing the costs to Consumers’ customers by as much as $172 million over four years.

Dicastal in Line for Big Incentives from Consumers Energy

Dicastal in Line for Big Incentives from Consumers Energy

Dicastal North America, an aluminum wheel manufacturer that is a division of Chinese manufacturer Dicastal, could receive as much as $170,000 in incentives from Consumers Energy for energy efficiency programs at its plant in Greenville, MI, according to the press release, which was posted at … Read more…

MPSC Investigates Estimated Billing by Consumers Energy

The Michigan Public Service Commission (MPSC) opened an investigation (Case No. U-18002) at its January 19 meeting into Consumers Energy’s estimated billing practices, after fielding more than 277 consumer complaints about price gouging on estimated bills during 2015, alone. In doing so, the commission directed … Read more…

MPSC Spurns Consumers Energy on Investment Recovery Mechanism, Cuts Rate Hike by 36.4%

The Michigan Public Service Commission (MPSC) authorized (Case No. U-17735) Consumers Energy on November 19 to increase its electric rates by $130 million annually, effective December 1. As a result, residential customers using 500 kilowatt-hours (kWh) of electricity a month will see an increase of $1.28 … Read more…

EnerNOC Aids Large Business Customers of Consumers Energy

EnerNOC Aids Large Business Customers of Consumers Energy

Consumers Energy, Michigan’s largest utility, plans to leverage EnerNOC software to help more of its business customers achieve their energy management goals. Consumers Energy first rolled out EIS from Pulse Energy (now owned by EnerNOC) to deliver customized energy savings to its small and medium-sized … Read more…

DTE, Consumers Energy to Offer Time of Use Rates

Large commercial and industrial utility customers are likely to see some rate relief soon, as the Michigan Public Service Commission rolls out time-of-use (TOU) pricing for DTE Electric and Consumers Energy. Already implemented in Arizona – and scheduled to begin in California by 2019 – TOU … Read more…

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