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
TheStreet Open House

Focus On Public Safety Following Severe Storms Results In Estimated Bills For Some Consumers Energy Customers

Stock quotes in this article: CMS

JACKSON, Mich., Nov. 22, 2013 /PRNewswire/ -- Consumers Energy's focus this week on customer safety and power restoration will mean some customers across Michigan will receive monthly statements based on an estimated meter reading.

Severe storms and winds gusting more than 60 mph Sunday and Monday cut power to more than 300,000 Consumers Energy customers and led to many downed wires across Lower Michigan. Gas and electric meter readers, other Consumers Energy employees and, when needed, local public safety officials, guard the downed wires until Consumers Energy can disconnect electricity and make the situation safe.

Guarding downed wires and keeping the public away from them is a critical safety role in the early hours and days of a storm.  Downed electric lines may look harmless but can be deadly.

As a result of the storm, approximately 100,000 residential and business customers with gas or electric meter readings scheduled Nov. 18-22 may receive estimated meter readings on their November bills which are now arriving by U.S. Mail and by e-mail for eServices customers.

"The safety of the public and our employees is always our top priority, especially after this week's catastrophic storms," said Garrick Rochow, the utility's vice president of customer operations and quality. "Our meter readers met the challenge of protecting the public and we thank them for a job well done."

The more than 300 meter readers were part of more than 2,600 Consumers Energy and contract employees from eight different states who have worked since Sunday to restore power. All power is expected to be restored by late Friday. The storm was the company's largest, in terms of customer interruptions, in more than five years.

A customer's estimated meter reading will be based on their recent energy usage and weather data. Typically, monthly bills reflect energy use based on an actual meter reading. If a customer receives a statement based on an estimated meter reading this month, their actual usage will be reconciled with the next actual meter reading. Customers on the company's Budget Plan will not be affected by an estimated read and will continue to pay their equal monthly amount.

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!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

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