Consumers Energy Building a Brighter Energy Future with Agreements to Purchase Solar Energy in Genesee, Hillsdale Counties

Rhea-AI Summary

Consumers Energy has announced agreements to acquire 300 megawatts of clean energy from two new solar projects in Michigan, capable of powering 150,000 homes. These projects, Confluence Solar and Heartwood Solar, are set to begin operations by the end of 2024 and will contribute to the company's Clean Energy Plan, which aims to eliminate coal by 2025 and achieve net-zero emissions by 2040. The projects will generate significant local tax revenues and create around 250 jobs in Genesee and Hillsdale counties, enhancing community prosperity.

Positive

• Agreement for 300 megawatts of clean energy to power 150,000 homes.
• Projects expected to create 250 jobs during construction.
• $200 million investment from Confluence Solar will generate over $25 million in local tax revenues.
• $150 million investment from Heartwood Solar will generate nearly $19 million in local tax revenues.
• Commitment to eliminate coal electricity by 2025 and achieve net-zero carbon emissions by 2040.

Negative

• None.

Two New Projects in 2024 Will Power 150,000 Homes

JACKSON, Mich., May 18, 2022 /PRNewswire/ -- Consumers Energy today announced agreements to add 300 megawatts of clean energy – enough to power about 150,000 homes -- from two Michigan solar projects being developed in Genesee and Hillsdale counties.

The solar developments are part of the company's Clean Energy Plan to dramatically increase renewable energy, eliminate coal electricity by 2025 and achieve net zero carbon emissions by 2040. Both projects are being developed by Ranger Power, a utility-scale solar development company based in Chicago.

"Providing 300 megawatts of clean energy for our customers is a commitment to our planet, the people of Michigan and contributes to the prosperity of communities where solar projects are sited," said Timothy Sparks, Consumers Energy's vice president of electric grid integration. "We are pleased to reach this agreement with a valued partner that is helping us bring to life a vision to provide a clean energy transformation that benefits Michiganders, both current and future generations."

Consumers Energy would purchase power from Confluence Solar in Genesee County and Heartwood Solar in Hillsdale County. The agreements are being reviewed by the Michigan Public Service Commission.

The new solar projects are each 150 megawatts and scheduled to begin operating by year-end 2024. Ranger Power will own and operate the sites.

"Securing power purchase agreements with Consumers Energy for our Confluence and Heartwood Solar projects is a major milestone in our efforts to provide clean, renewable energy to customers across Michigan," said Paul Harris, president at Ranger Power. "We're glad to be expanding our partnership with Consumers and continue to be guided by a community-first approach as we complete both solar projects."

The $200 million Confluence Solar project is expected to create up to 250 jobs in Genesee County during construction and generate over $25 million in new property tax revenues over the lifetime of the project. The new tax revenues will benefit several local taxing jurisdictions including Genesee County, Flushing and Montrose Townships, Flushing and Montrose schools, Genesee Intermediate School District, Mott Community College, and the local airport, library and transportation authorities.

Ranger Power's $150 million Heartwood Solar project will create a similar number of jobs in Hillsdale County and generate nearly $19 million in new property tax revenues over the lifetime of the project. The new tax revenues will benefit several local taxing jurisdictions, including Hillsdale County; Allen and Fayette Townships; Jonesville Community Schools; Hillsdale Intermediate School District; and the Jonesville District Library.

Consumers Energy today owns and operates solar power plants in Cadillac and on the campuses of Grand Valley State University and Western Michigan University. The energy provider also purchases power from another 18 locations throughout the Lower Peninsula.

Under its Clean Energy Plan, Consumers Energy has proposed adding 8,000 megawatts of utility-scale solar power by 2040, including 1,100 MW by 2024. The company is using a competitive bidding process to ensure maximum value for customers. In addition to its environmental benefits, solar is increasingly cost competitive and Consumers Energy can add it gradually to meet Michigan's changing energy needs without building a large, new fossil fuel power plant.

Consumers Energy is searching for tens of thousands of acres throughout Michigan to identify locations for utility-scale solar power plants. Large landowners or community officials who want to learn more about potential for siting, can visit www.ConsumersEnergy.com/misolar to provide basic details about their property and begin a discussion with company solar experts.

Consumers Energy is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Check out Consumers Energy on Social Media 
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SOURCE Consumers Energy

FAQ

What is the significance of Consumers Energy's new solar projects in Michigan?

Consumers Energy's new solar projects will provide 300 megawatts of clean energy, enough to power 150,000 homes, and contribute to its goal of net-zero carbon emissions by 2040.

When are the solar projects by Consumers Energy expected to commence operations?

The solar projects are scheduled to begin operating by the end of 2024.

How many jobs will the solar projects create in Michigan?

The solar projects are expected to create around 250 jobs during construction.

What are the financial impacts of the new solar projects on local communities?

Confluence Solar and Heartwood Solar projects will generate over $44 million in new property tax revenues for local jurisdictions over their lifetimes.

What is the total investment amount for Consumers Energy's solar projects?

The total investment for the solar projects is $350 million, with Confluence Solar at $200 million and Heartwood Solar at $150 million.