Who Owns Consumers Energy?
Consumers Energy is owned by CMS Energy Corporation (NYSE: CMS), a publicly traded utility holding company headquartered in Jackson, Michigan. Founded in 1886, it is Michigan's largest utility, delivering electricity and natural gas to roughly 6.8 million of the state's 10 million residents across all 68 counties in the Lower Peninsula.
United StatesOfficial Website
Who Owns Consumers Energy?
- Parent Company: CMS Energy
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: CMS
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Consumers Energy | CMS Energy | Wholly owned |
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History of Consumers Energy
- Founded: 1886
- Founders: W.A. Foote
W.A. Foote founded the utility in 1886 in Jackson, building one of America's earliest long-distance electricity transmission systems. It became Consumers Power Company and grew into Michigan's dominant investor-owned utility.
The parent reorganized as CMS Energy in 1987. The company nearly failed in the early 2000s merchant power bust before restructuring back to its regulated utility core. Today it is executing one of the most aggressive clean energy transitions among US utilities: coal-free by 2025 milestones met, with solar buildout continuing under its Clean Energy Plan toward net zero carbon by 2040 and net zero methane by 2030.
About CMS Energy
What does CMS Energy own?
CMS Energy owns Consumers Energy, Michigan's largest combination electric and natural gas utility, and NorthStar Clean Energy, an independent power production and clean energy development subsidiary. The company serves approximately 6.8 million Michigan residents through its Consumers Energy subsidiary.
Is CMS Energy publicly traded?
Yes, CMS Energy Corporation trades on the New York Stock Exchange under the ticker symbol CMS. The company has been publicly traded since October 1987 and is a component of the S&P 500 index. Ownership is distributed among institutional investors, mutual funds, and individual shareholders.
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Who founded CMS Energy?
The company traces its origins to 1886, when William Augustine Foote and Samuel Jarvis began efforts to electrify Jackson, Michigan. They formed Jackson Electric Light Works in 1888. The CMS Energy holding company was formally established in 1987.
Where is CMS Energy headquartered?
CMS Energy is headquartered in Jackson, Michigan, USA. The company has maintained its headquarters in Jackson since its founding in the 1880s, making it one of the oldest companies based in the city.
How many brands does CMS Energy own?
CMS Energy operates three primary brands: CMS Energy (the parent holding company), Consumers Energy (the regulated utility serving Michigan residents), and NorthStar Clean Energy (the non-utility clean energy subsidiary).
Who owns CMS Energy?
CMS Energy is an independent publicly traded corporation with no controlling shareholder. Shares are widely held by institutional investors, mutual funds, and individual shareholders. Major institutional holders include Vanguard Group, BlackRock, and State Street. Garrick Rochow serves as President and CEO.
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What is CMS Energy's annual revenue?
For fiscal year 2025, CMS Energy reported operating revenue of $8.5 billion, up from $7.5 billion in FY2024. Adjusted earnings per share were $3.61, exceeding guidance. The company raised its 2026 adjusted EPS guidance to $3.83 to $3.90.
What is CMS Energy's clean energy strategy?
CMS Energy has committed to net zero greenhouse gas emissions from electric operations by 2040 and from its natural gas system by 2050. The company completed coal retirement in 2025 and has a 20-Year Renewable Energy Plan targeting 9 gigawatts of solar and 4 gigawatts of wind capacity, approved by the MPSC in 2025.
- Founded: 1886
- Headquarters: Jackson, Michigan, USA
- Company Type: Publicly Traded
- Stock: NYSE: CMS
- Revenue: $8.5 billion (FY2025)
- Employees: Approximately 7,800
Where Is Consumers Energy Made / Based?
- Headquarters: Jackson, Michigan, USA
Consumers Energy Categories & Tags
Brands Owned by CMS Energy
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Consumers Energy Ownership: Pros & Cons
Advantages
- +Regulated monopoly over most of Michigan
- +Aggressive clean energy transition with regulatory support
- +Strong reliability and customer programs
Considerations
- -Michigan economic cycles tied to auto manufacturing
- -Storm response scrutiny after major outages
- -Rate case outcomes with Michigan regulators
Frequently Asked Questions About Consumers Energy
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Sources & Further Reading
Competitors to Consumers Energy
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Dte Energy | USA | 1903 | Mass market | United states | All Genders | |
| Consolidated Edison | USA | 1823 | Mass market | United states | All Genders | |
| Eversource Energy | USA | 2015 | Mass market | United states | All Genders | |
| Pge | USA | 1905 | Mass market | United states | All Genders | |
| Wec Energy Group | USA | 2017 | Mass market | United states | All Genders | |
| Xcel Energy | USA | 2000 | Mass market | United states | All Genders |
Learn More About Competitors
Energy UtilitiesDTE Energy
Owned by DTE Energy Company
Master brand of DTE Energy Company, the Detroit-based NYSE-listed utility serving millions of Michigan customers through DTE Electric and DTE Gas.
utilityelectricitynatural-gas
Energy UtilitiesCon Edison
Owned by Consolidated Edison, Inc.
Consumer-facing brand of Consolidated Edison, Inc., the regulated utility delivering electricity, gas, and steam to New York City and Westchester County.
utilityelectricitynatural-gas
Energy UtilitiesEversource
Owned by Eversource Energy
Customer-facing electric and gas utility brand of Eversource Energy, serving about 4.4 million customers in Connecticut, Massachusetts, and New Hampshire.
utilityelectricitynatural-gas
Energy UtilitiesPG&E
Owned by PG&E Corporation
Pacific Gas and Electric Company, the regulated utility serving 16 million people across Northern and Central California, and the operating brand of PG&E Corporation.
utilityelectricitynatural-gas
Energy UtilitiesUpper Michigan Energy Resources
Owned by WEC Energy Group, Inc.
Michigan-regulated electric and natural gas utility serving about 43,000 customers in the Upper Peninsula, formed in 2017 as a WEC Energy Group subsidiary.
utilitieselectricitynatural-gas
Energy UtilitiesXcel Energy
Owned by Xcel Energy Inc.
Customer-facing brand of Xcel Energy Inc., the Minneapolis utility holding company serving about 3.9 million electric and 2.2 million gas customers across eight states.
utilityelectricitynatural-gas
Competitive Analysis
Market Positioning: Consumers Energy competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Consumers Energy
Looking for brands with different ownership structures? These similar brands are not owned by CMS Energy, giving you alternative choices that support different corporate structures.
Energy UtilitiesDTE Energy
Owned by DTE Energy Company
Master brand of DTE Energy Company, the Detroit-based NYSE-listed utility serving millions of Michigan customers through DTE Electric and DTE Gas.
utilityelectricitynatural-gas
Publicly Traded
DTE Energy operates independently without a large parent corporation.
Energy UtilitiesCon Edison
Owned by Consolidated Edison, Inc.
Consumer-facing brand of Consolidated Edison, Inc., the regulated utility delivering electricity, gas, and steam to New York City and Westchester County.
utilityelectricitynatural-gas
Publicly Traded
Con Edison operates independently without a large parent corporation.
Energy UtilitiesPG&E
Owned by PG&E Corporation
Pacific Gas and Electric Company, the regulated utility serving 16 million people across Northern and Central California, and the operating brand of PG&E Corporation.
utilityelectricitynatural-gas
Publicly Traded
PG&E operates independently without a large parent corporation.
Energy UtilitiesPSE&G
Owned by PSEG
The regulated electric and gas utility serving New Jersey, operating under the Public Service Enterprise Group umbrella.
utilityelectricgas
Privately Owned
PSE&G is privately owned, unlike Consumers Energy which is under a publicly traded parent company.
Energy UtilitiesPSEG Long Island
Owned by PSEG
The brand under which PSEG operates Long Island's electric grid under contract for the Long Island Power Authority.
utilityelectriclong-island
Privately Owned
PSEG Long Island is privately owned, unlike Consumers Energy which is under a publicly traded parent company.
Energy UtilitiesXcel Energy
Owned by Xcel Energy Inc.
Customer-facing brand of Xcel Energy Inc., the Minneapolis utility holding company serving about 3.9 million electric and 2.2 million gas customers across eight states.
utilityelectricitynatural-gas
Publicly Traded
Xcel Energy operates independently without a large parent corporation.
CMS Energy Stock Information
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