This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Energy-Efficiency Programs By Consumers Energy Are Producing Long-Term Savings And Sustainable Benefits For Customers

Stocks in this article: CMS

JACKSON, Mich., July 8, 2013 /PRNewswire/ -- Customers who participate in Consumers Energy's energy efficiency programs are receiving significant long-term savings and benefits.

"The savings are real. The benefits are broad, measurable and sustainable. And hundreds of Michiganders are working because of energy efficiency programs driven by Michigan's enlightened energy reform law," said Patti Poppe, Consumers Energy's vice president of customer experience and operations. 

"Consumers Energy has made a promise to the people of Michigan to provide low cost energy when they want it.  As we plan for the long term, Consumers Energy knows that the lowest cost energy is the energy that we collectively don't use.  By leveraging technology advances and good communication, energy efficiency is an important part of the energy mix for customers of Consumers Energy," said Poppe.

Participating customers have saved $365 million since the programs were launched in 2009, with savings extending almost 10 years beyond the initial installation date of equipment. Electric program savings could power 142,000 Michigan homes for one year, and natural gas program savings could annually heat about 60,000 homes.

"During a critical time, we're proud to say that these programs are putting people to work in Michigan," said Poppe. Consumers Energy estimates that 900 new jobs have been created, primarily through its energy efficiency trade ally network.

Poppe noted that the appliance recycling program is having a positive impact on environmental sustainability and job creation. In four years, more than 67,000 refrigerators and freezers have been recycled, thereby avoiding carbon dioxide emissions equal to the operation of 134,000 cars per year.  

"Placed end-to-end, the number of recycled refrigerators and freezers would stretch for 70 miles, from Jackson to St. Johns," said Poppe. This program employs 54 people, including drivers and warehouse personnel in Grand Rapids and Livonia.

Consumers Energy works with 2,100 energy efficiency trade allies, up from 1,700 two years ago. These trade allies provide customers with information about energy efficiency rebates and equipment. The trade allies have primary businesses in heating, ventilation and air-conditioning, windows, insulation, appliances, lighting, builders and as architects.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,864.20 +36.45 0.20%
S&P 500 2,069.47 -3.36 -0.16%
NASDAQ 4,794.3710 +7.0540 0.15%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs