STOCK TITAN

West Michigan Leads the Charge by Committing to Renewable Energy

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

The cities of Grand Rapids and Kalamazoo have joined Consumers Energy's Renewable Energy Program (REP), marking a significant step towards their climate goals. The program allows customers to match 100% of their energy use with wind and solar power. This partnership supports Consumers Energy's Clean Energy Plan, which aims to eliminate coal by 2025 and achieve net-zero carbon emissions.

Kalamazoo aims to reduce carbon emissions to net-zero by 2050, while Grand Rapids plans to power all municipal operations with renewable energy by 2025. The REP already includes 3 dozen participants, including major corporations and the State of Michigan. In 2025, the program will expand to include residential and small business customers.

Loading...
Loading translation...

Positive

  • Consumers Energy's Renewable Energy Program gains two major West Michigan cities as participants
  • The program supports Consumers Energy's Clean Energy Plan to eliminate coal by 2025 and achieve net-zero carbon emissions
  • REP will expand in 2025 to include residential and small business customers, potentially increasing revenue

Negative

  • None.

News Market Reaction 1 Alert

-0.31% News Effect

On the day this news was published, CMS declined 0.31%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

City of Grand Rapids and City of Kalamazoo Sign Contracts for Renewable Energy Program to Power Their Cities

JACKSON, Mich., Sept. 17, 2024 /PRNewswire/ -- The cities of Grand Rapids and Kalamazoo are setting a new standard in sustainability by joining the Consumers Energy Renewable Energy Program (REP). This partnership represents a significant step toward achieving their ambitious climate goals and advancing their commitment to reducing greenhouse gas emissions. The Renewable Energy Program enables customers to match 100% of their energy use with cost-effective wind and solar power. This customer-powered clean energy effort lowers costs and helps protect the planet. 
 
"Consumers Energy appreciates the partnership from our two largest West Michigan municipalities by committing to this program," said Lauren Snyder, Consumers Energy's vice president of customer experience. "The leadership shown by the Cities of Grand Rapids and Kalamazoo highlights the importance of our Clean Energy Plan and helps us to continue to build out more renewable energy resources like solar and wind." 

This partnership with Consumers Energy not only supports Kalamazoo and Grand Rapids in meeting their sustainability goals but also serves as a model for other businesses and municipalities striving to embrace renewable energy and achieve sustainability goals. The program already includes 3 dozen participants including General Motors, 7/11, Walmart and the State of Michigan. In 2025, the program will expand giving residential and small business customers an option to sign up for cost-effective, utility-scale renewable energy projects. 

"By joining the Renewable Energy Program, Kalamazoo is taking a bold step forward in our mission to enhance environmental sustainability and reduce our carbon footprint," said Kalamazoo Mayor David Anderson. "This initiative reflects our commitment to reduce carbon emissions to net-zero by 2050, working towards a greener future for all." 

Similarly, Grand Rapids is embracing this opportunity to make substantial progress toward its sustainability objectives. "Our participation in the Renewable Energy Program aligns perfectly with Grand Rapids' vision of a cleaner, more sustainable community," said Mayor Rosalynn Bliss of Grand Rapids. "This commitment underscores our dedication to environmental stewardship and supports our goal of powering all municipal operations with renewable energy by 2025 and beyond." 

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. Consumers Energy's Clean Energy Plan calls for eliminating coal as an energy source in 2025, achieving net-zero carbon emissions and meeting 90% of customers' energy needs through clean sources, including wind and solar.

For more information on the City of Grand Rapids' Green Grand Rapids plan, learn more here.

For more information on the City of Kalamazoo Sustainability plan, learn more here.

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/west-michigan-leads-the-charge-by-committing-to-renewable-energy-302250838.html

SOURCE Consumers Energy

FAQ

What is Consumers Energy's Renewable Energy Program (REP)?

Consumers Energy's Renewable Energy Program (REP) allows customers to match 100% of their energy use with cost-effective wind and solar power, supporting the company's clean energy initiatives and helping participants meet their sustainability goals.

Which cities recently joined Consumers Energy's Renewable Energy Program?

The cities of Grand Rapids and Kalamazoo recently joined Consumers Energy's Renewable Energy Program, committing to power their cities with renewable energy.

What are the climate goals for Grand Rapids and Kalamazoo?

Kalamazoo aims to reduce carbon emissions to net-zero by 2050, while Grand Rapids plans to power all municipal operations with renewable energy by 2025.

When will Consumers Energy's Renewable Energy Program expand to include residential customers?

Consumers Energy's Renewable Energy Program will expand in 2025 to include residential and small business customers, offering them the option to sign up for cost-effective, utility-scale renewable energy projects.
CMS ENERGY CORP

NYSE:CMS

CMS Rankings

CMS Latest News

CMS Latest SEC Filings

CMS Stock Data

21.34B
302.08M
0.52%
101.02%
4.22%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States
JACKSON