Consumers Energy Unveils Electric Supply Plan to Keep Energy Reliable and Bills Lower
Proposal includes Two Natural Gas Plants, More Renewables
This plan is designed to deliver the affordable, reliable energy
"Affordable, secure and reliable energy remains a cornerstone of
Highlights in the plan include:
- Competitively Priced Solutions: Affordability and reliability are central priorities of the plan. The two new natural gas plants enhance system reliability and help maintain affordable energy – prioritizing the lowest cost energy source available at any moment.
-
Efficient Generation: The plan repurposes our existing industrial sites at Karn Generating Facility in
Bay County andThetford Township inGenesee County , minimizing land impacts and leveraging existing grid infrastructure, adding two new natural gas plants to deliver fast-starting, on-demand power when customers need it most. As we build up our clean energy portfolio, these units offer a solid reliability foundation that allows us to continue adding renewable energy. -
Community Investments: This plan would strengthen the state's workforce by adding thousands of construction jobs and creating hundreds of permanent positions through our investments in natural gas, wind, and solar. In addition to the expanded workforce, the plan's investments in these local communities will enhance the tax base by nearly
$19 billion from projects including the natural gas plants and those in the Renewable Energy Plan approved in 2025 supporting local government and the services our residential and business customers rely on through property taxes. -
Continued Clean Energy Resources: Our continued commitment to clean energy options, such as solar, wind and battery storage will achieve the targets set in the 2023 energy law. Combined with our award-winning customer programs, which have saved customers
$8.5 billion since 2009 and are projected to save$18 billion by 2050, the plan keeps energy affordable by rewarding energy savings and using the lowest–cost resources available.
"We value
"The planned investments by
The company plans to file its IRP in June and is subject to approval by the
Learn more at ConsumersEnergy.com/energysupplyplan.
View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-unveils-electric-supply-plan-to-keep-energy-reliable-and-bills-lower-302711297.html
SOURCE