August 20, 2014 8:26 PM ET

Multi-Utilities

Company Overview of Consumers Energy Company

Company Overview

Consumers Energy Company operates as an electric and gas utility in Michigan, the United States. The company operates in two segments, Electric Utility and Gas Utility. The Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers. It generates electricity from coal-fueled, gas-fueled, and oil–fueled power plants, as well as renewable sources, such as hydroelectric, landfill gas, biomass, and wind. The segment’s distribution system includes 421 miles of high-voltage distribution radial lines; 4,259 miles of high-voltage distribution overhead lines; 17 miles of high-voltage distribution underground ...

One Energy Plaza

Jackson, MI 49201

United States

Founded in 1886

7,114 Employees

Phone:

517-788-0550

Key Executives for Consumers Energy Company

Chief Executive Officer
Age: 56
Chief Financial Officer and Executive Vice President
Age: 61
Vice President of Generation Operations
Chief Accounting Officer
Age: 48
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2014.

Consumers Energy Company Key Developments

Consumers Energy Declares Quarterly Dividend on Preferred Stock, Payable on October 1, 2014

Consumers Energy has declared a quarterly dividend of $1.125 per share on the preferred stock. The dividend is payable October 1, 2014 to shareholders of record September 2, 2014.

Consumers Energy Company Announces 22 New Solar Energy Projects in Michigan

Consumers Energy Company has announced 22 new solar energy projects across Michigan's Lower Peninsula. The projects will provide 546 kilowatts of electric capacity, and they range in size from 21 to 150 kilowatts. Seventeen residential customer projects in 13 counties - Bay, Barry, Clinton, Eaton, Gladwin, Hillsdale, Ingham, Jackson, Kent, Monroe, Newaygo, Ottawa and Washtenaw - also were selected. The projects will provide about 171 kilowatts of electric capacity, and they range in size from 2.5 to 20 kilowatts. The customers were chosen as part of the company's Experimental Advanced Renewable Program (EARP). The program provides for the long-term purchase of renewable energy generated by solar energy systems owned by electric customers. Consumers Energy is on target to use renewable sources for 10% of the electricity it supplies by 2015. Those sources include solar and wind energy, biomass, hydroelectric power and anaerobic digestion.

Consumers Energy Company and CMS Energy Corp. Announces Board Changes

Consumers Energy Company and CMS Energy Corp. announced that James E. Brunner, senior vice president and chief legal counsel of CMS Energy Corporation and Consumers Energy Company retired from the Company. Mr. Brunner was a named executive officer.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 30, 2014
Clean-Burning Natural Gas Plant in Jackson
 

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