Balanced Energy Initiative
Planning for Affordable and Reliable Electricity to Meet Michigan's Future Energy Needs
The Balanced Energy Initiative is Consumers Energy’s comprehensive plan to meet the energy needs of its 1.8 million electric customers for the next 25 years. The plan calls for meeting the customer demand for electricity with a balanced portfolio of diverse energy resources:
- energy efficiency
- demand management
- expanded use of renewable energy
- construction or purchase of electric generating units
- continued operation or upgrade of existing units
The Balanced Energy Initiative is designed to help maintain affordable and reliable supplies of electricity for Michigan's families and businesses.
In December 2013, Consumers Energy signed an agreement to purchase a 540-MW gas-fueled electric generating plant located in Jackson, Michigan for $155 million. We expect to close the purchase, which is subject to Michigan Public Service Commission (MPSC), Federal Energy Regulatory Commission (FERC), and other approvals, by January 2016. In January 2014, as a result of this planned purchase, Consumers Energy announced plans to defer the development of its proposed 700-MW gas-fueled electric generating plant at its Thetford complex in Genesee County, Michigan, which was estimated to have cost $700 million.
History of Related Filings and Announcements:
- Consumers Energy filed the Balanced Energy Initiative with the MPSC in 2007. The initiative was developed in response to the 21st Century Energy Plan by the then MPSC chairman, J. Peter Lark.
- Consumers Energy filed its “Balanced Energy Initiative: Electric Generation Alternatives Analysis” on June 5, 2009, with the Michigan Department of Environmental Quality and the MPSC.
- Consumers Energy filed its “Certificate of Necessity” filing for the Thetford Plant on July 12, 2013, with the MPSC.
- Consumers Energy announced plans to purchase an existing natural gas plant and defer the Thetford Project, on January 30, 2014.
Consumers Energy Investment
Consumers Energy’s Growing Forward strategy calls for investing more than $7 billion in Michigan over the next five years. That includes significant investments in energy efficiency, renewable energy, environmental and customer service enhancements, and new power generation.
The substantial investments make Consumers Energy one of the largest – if not the largest – investor in the state of Michigan. Those investments will help the utility maintain and improve service to customers, create jobs, boost the state’s economy and expand the state’s tax base.
Serving Michigan Since 1886
Consumers Energy, the principal subsidiary of CMS Energy, provides natural gas and electricity to nearly 6.5 million of Michigan's 10 million residents in all 68 Lower Peninsula counties.
Our employees work hard to keep rates competitive, ensure high levels of customer satisfaction and provide reliable utility service to our customers.