Consumers Energy Plans 1,500 New EV Charging Stations, Boosting Michigan's Clean Transport

7/8/24 6:03:57 AM ET

Power Generation

Utilities

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Consumers Energy expects to power 1,500 new fast charging locations for electric vehicles by the end of the decade, a huge expansion in public charging that highlights still-strong EV growth and a bright future for clean transportation in Michigan.

The forecast is part of Consumers Energy's Transportation Electrification Plan that it is filing with state regulators. In the report, the energy provider shared successes in residential and business EV programs, vehicle charging at night that helps the electric grid – and offered a plan for new rebates for battery-powered public EV chargers.

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Recent Analyst Ratings for
$CMS

Date	Price Target	Rating	Analyst
11/5/2024	$76.00	Buy	Jefferies
10/15/2024	$76.00 → $72.00	Outperform → Neutral	Mizuho
4/4/2024		Buy → Neutral	UBS
2/2/2024	$60.00 → $64.00	Neutral → Buy	Guggenheim
1/16/2024	$62.00	Peer Perform → Outperform	Wolfe Research
1/8/2024		Buy → Neutral	Seaport Research Partners
10/5/2023	$57.00	Sector Weight → Overweight	KeyBanc Capital Markets
8/23/2023	$58.00	Equal Weight	Barclays

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Consumers Energy Alerts Michiganders to Stay on Guard, Protect Themselves Against Scams
JACKSON, Mich., Nov. 19, 2024 /PRNewswire/ -- Consumers Energy is reminding our Michigan friends and neighbors to be alert and take action to protect themselves from scams as we approach the holidays and with Utility Scam Awareness Day taking place this week. "Consumers Energy is always working to protect our customers from identity theft and fraud, whether it's over the phone and Internet, or someone knocking at your door," said Jim Beechey, Consumers Energy's vice president of information technology and security. "We can't stop criminals from trying to cheat people, but we c
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CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
JACKSON, Mich., Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation. The following dividend is payable Jan. 15, 2025, to shareholders of record at the close of business on Jan. 1, 2025: $0.2625 per depositary share (NYSE:CMS). Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Michigan-based energy pro
11/8/24 3:00:00 PM ET
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Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
JACKSON, Mich., Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock. The following dividend is payable Jan. 1, 2025, to shareholders of record at the close of business on Dec. 2, 2024: $1.125 per share on the $4.50 preferred stock (NYSE:CMS). Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Mic
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Consumers Energy Names Angela D. Henderson as Vice President of Supply Chain
JACKSON, Mich., June 24, 2024 /PRNewswire/ -- Consumers Energy today announced the appointment of Angela D. Henderson as vice president of supply chain, effective July 1. Angela joins Consumers Energy from Ford Motor Co. where she held a variety of leadership roles in supply chain with rich experience in sourcing & purchasing, sustainability & diversity, and most recently in strategic and digital transformation. "I'm delighted to welcome Angela and her wealth of experience in supply chain to Consumers Energy. Her deep background in leading numerous supply chain functions at Fo
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Consumers Energy Proposes Renewable Energy Offerings, Providing Greater Access and Affordability to Michiganders
Proposal Expands Programs and Lowers Costs for Customer Options JACKSON, Mich., Sept. 21, 2023 /PRNewswire/ -- Consumers Energy today announced a sweeping new proposal to expand access and improve affordability to its renewable energy offerings, building on its already industry-leading Clean Energy Plan to eliminate coal and be carbon neutral. Consumers Energy plans to update its renewable offerings by cutting costs for community solar by more than 50% and enabling every customer to match 100% of their energy use with wind and solar. Landlords, businesses and other individuals
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CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
JACKSON, Mich., Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation. The following dividend is payable Jan. 15, 2025, to shareholders of record at the close of business on Jan. 1, 2025: $0.2625 per depositary share (NYSE:CMS). Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Michigan-based energy pro
11/8/24 3:00:00 PM ET
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Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
JACKSON, Mich., Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock. The following dividend is payable Jan. 1, 2025, to shareholders of record at the close of business on Dec. 2, 2024: $1.125 per share on the $4.50 preferred stock (NYSE:CMS). Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website. CMS Energy (NYSE:CMS) is a Mic
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10/21/24 12:00:00 PM ET
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Consumers Energy Plans 1,500 New EV Charging Stations, Boosting Michigan's Clean Transport

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