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CMS Energy

CMS Energy headquarters in downtown Jackson
CMS Energy headquarters in downtown Jackson

CMS Energy () is a public utility supplying electric power, nuclear power, uranium (to nuclear power companies) and natural gas to Metro Detroit and most of Michigan. Its headquarters are located in Jackson, Michigan. The company has operated since 1890.

Its two principal subsidiaries are Consumers Energy and CMS Enterprises. Consumers Energy is a public utility that provides natural gas and electricity to more than 6 million of Michigan's 10 million residents and serves customers in all 68 of the state s Lower Peninsula counties. CMS Enterprises' primary businesses are independent power production and natural gas transmission.

The company's trademark slogan is "Count on Us". CMS Energy is a member of the S&P 500 and the Fortune 1000.

In 2001, CMS Energy entered into an exploration agreement with Eritrea for oil exploration in the Dismin Block of the Red Sea in northeastern Eritrea.

Contents


Criticism

In 2002, CMS Energy was awarded the Ig Nobel Prize in Economics for "adapting the mathematical concept of imaginary numbers for use in the business world".

In December 2011, the non-partisan organization Public Campaign criticized CMS Energy for spending $3.48 million on lobbying and not paying any taxes during 2008-2010, instead getting $29 million in tax rebates, despite making a profit of $415 million, and increasing executive pay by 79% to $900.4 million in 2010 for its top 5 executives.[1]

See also

Lists of public utilities

References

External links






Source: Wikipedia | The above article is available under the GNU FDL. | Edit this article



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