Profile: CMS Energy Corp (CMS.N)

CMS.N on New York Stock Exchange

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CMS Energy Corporation (CMS Energy), incorporated on February 26, 1987, is an energy company. The Company operates in Michigan. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises (non-utility operations and investments). CMS Energy, through its subsidiaries and equity investments, is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. The Company's subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers' is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Company's other business includes EnerBank USA (EnerBank), which is a Utah state-chartered, Federal Deposit Insurance Corporation (FDIC)-insured industrial bank providing unsecured consumer installment loans for financing home improvements.

Consumers owns and operates electric distribution and generation facilities and gas transmission, storage and distribution facilities. It provides electricity and/or natural gas to Michigan's residents. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, metal and food products industries, as well as a range of other industries.

Consumers Electric Utility

The Consumers electric utility segment's operations include the generation, purchase, distribution and sale of electricity. Consumers' electric utility segment's customers include residential, commercial and diversified industrial customers in Michigan's Lower Peninsula. As of December 31, 2014, Consumers' electric deliveries were 38 billion kilowatt-hour, which included retail open access (ROA) deliveries of four billion kilowatt-hour.

Consumers distribution system includes 434 miles of high-voltage distribution radial lines operating at 120 kilovolts or above; 4,261 miles of high-voltage distribution overhead lines operating at 23 kilovolts, 46 kilovolts and 69 kilovolts; 18 miles of high-voltage distribution underground lines operating at 23 kilovolts and 46 kilovolts; 56,022 miles of electric distribution overhead lines, and 10,304 miles of underground distribution lines, as of December 31, 2014. Electric utility properties also include substations with an aggregate transformer capacity of 24 million kilovolt-amps (kVA).

Consumers Gas Utility

Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas. The Consumers' gas utility segment's customers include residential, commercial and diversified industrial customers in Michigan's Lower Peninsula. As of December 31, 2014, deliveries of natural gas, including off-system transportation deliveries, through Consumers' pipeline and distribution network, totaled 373 billion cubic feet, which included gas customer choice (GCC) deliveries of 65 billion cubic feet.

Consumers' gas distribution and transmission system includes 27,169 miles of distribution mains; 1,685 miles of transmission lines and seven compressor stations with a total of 168,721 installed and available horsepower, as of December 31, 2014. The Company's Gas utility properties also include 15 gas storage fields with a total storage capacity of approximately 309 billion cubic feet and a working gas volume of 151 billion cubic feet.

Enterprises

CMS Energy's enterprises segment, through subsidiaries and equity investments, is engaged in domestic independent power production and the marketing of independent power production. As of December 31, 2014, CMS Energy had ownership interests in independent power plants totaling approximately 1,135 gross Megawatts (MW) or 1,035 net Megawatts.

CMS Energy Resource Management (CMS ERM) purchases and sells energy commodities in support of CMS Energy's generating facilities. As of December 31, 2014, CMS ERM marketed 19 billion cubic feet of natural gas and approximately 4,681 gigawatt hour of electricity. Electricity marketed by CMS ERM is generated by independent power production of the enterprises segment.

Company Address

CMS Energy Corp

1 Energy Plaza Dr
JACKSON   MI   49201-2357
P: +1517.7880550

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