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CONSUMERS ENERGY COMPANY

(CMS.PRB)
Delayed Nyse  -  03:54 2022-12-02 pm EST
88.02 USD   -3.94%
11/29CMS ENERGY CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement
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11/29CONSUMERS ENERGY CO FILES (8-K) Disclosing Entry into a Material Definitive Agreement
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11/15Consumers Energy : Completing Over 2,000 Electric Projects in 2022, Strengthening Power Grid for Electric Customers
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Comcast to Source Clean, Renewable Electricity for Half of Michigan Operations

09/14/2022 | 04:49am EST

DETROIT -- Comcast announced that it has entered into agreements with Consumers Energy and DTE Energy to purchase renewable wind and solar electricity for Comcast Cable's Michigan operations.

Together, the agreements will allow Comcast to power half of its Michigan operations with carbon-free energy.

Comcast's participation in both programs will be supported by new, Michigan-made renewable energy projects. The projects represent a combined annual volume of approximately 52,000 megawatt-hours (MWh) - equivalent to one year's worth of electricity use for more than 7,000 homes.1

"Here in Michigan and across the country we are bringing more renewable energy solutions online to support a healthier environment in all of the communities we serve," said Kristee Cominiello, Senior Vice President of Comcast's Heartland Region, which includes Michigan.

"This agreement will allow us to support Michigan's clean energy economy while advancing toward Comcast's goal of being carbon neutral by 2035."

KRISTEE COMINIELLO

Senior Vice President of Comcast's Heartland Region

Consumers Energy will supply Comcast with approximately 30,000 MWh of renewable electricity annually for 10 years through its Large Customer Renewable Energy Program, covering a majority of Comcast Cable's operations in central and western Michigan.

"We're excited to help Comcast in the mission they share with us to protect the planet," said Brian Rich, Consumers Energy's senior vice president and chief customer officer. "Commitments like this make a meaningful impact in decreasing carbon emissions and speeding up the development of new clean energy here in Michigan."

DTE Energy will supply Comcast with approximately 22,000 MWh of renewable electricity annually for 10 years through its MIGreenPower program, covering the majority of Comcast Cable's operations in and around Detroit.

"As Michigan's largest producer of and investor in renewable energy, we are proud to work with Comcast on our shared goal of reducing greenhouse gas emissions through clean, renewable energy," said Brian Calka, vice president of renewable sales and project development for DTE Energy. "This agreement will allow us to bring new Michigan-based wind and solar resources online that will support the broader clean energy transition."

Comcast has set a goal to be carbon neutral by 2035 for Scope 1 and 2 emissions, or the direct and indirect emissions it owns and controls, across its global operations. In addition to several renewable energy agreements currently in place, Comcast will continue to invest in clean energy solutions through new on- and offsite renewable projects to decrease its carbon footprint. For more information on Comcast's environmental efforts, visit the environment page at Comcast.com.

1 Source: https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
COMCAST CORPORATION -1.16% 35.86 Delayed Quote.-28.75%
CONSUMERS ENERGY COMPANY -3.94% 88.02 Delayed Quote.-19.33%
DTE ENERGY COMPANY -0.91% 115.06 Delayed Quote.-3.75%
All news about CONSUMERS ENERGY COMPANY
11/29CMS ENERGY CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement
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11/29CONSUMERS ENERGY CO FILES (8-K) Disclosing Entry into a Material Definitive Agreement
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Managers and Directors
Garrick J. Rochow President, Chief Executive Officer & Director
Rejji P. Hayes Chief Financial Officer & Executive Vice President
Brian F. Rich Chief Information Officer & Senior Vice President
Tamara J. Faber Vice President-Information Technology
Melissa M. Gleespen Secretary, Chief Compliance Officer & VP
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