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CMS Energy : Consumers Energy Kicks Off Saginaw Light Up the City Campaign

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06/23/2017 | 04:51pm CEST

Release date- 22062017 - SAGINAW, Mich. Wednesday - Consumers Energy is proud to kick off another Light up the City Saginaw Campaign this year.

Light Up The City is an important, community-wide initiative that will host a series of events in neighborhoods throughout Saginaw over the next two months.

Consumers Energy is once again the presenting sponsor of the event, along with other key partners including the Michigan State Police, United Way of Saginaw County, Saginaw Public Schools, City of Saginaw and Saginaw County Chamber of Commerce. In 2016, the volunteer team from Consumers Energy handed out over 2,500 CFL lightbulbs to residents of Saginaw.

'We are very happy to kick off Light up the City Saginaw and be a sponsor for the fifth straight year,' said Tom Begin, director of public affairs for Consumers Energy. 'Consumers Energy continues to strive to leave our communities better than we found them by partnering with local officials to educate residents on energy efficiency and community safety programs.'

Light-Up the City is a two-month series of community-wide walks and community events that take place in neighborhoods throughout Saginaw during the summer, all aimed at reducing crime.

''This is our fifth year for Light up the City Saginaw' said Will Smith, Michigan State Police Trooper. 'I am excited to see our community grow together with law enforcement and take pride in saginawesome!'

The events bring together a wide range of local and state-wide organizations and officials with one common goal: to engage our community through involvement and outreach. What started out in 2013 as an initiative between Consumers Energy and a Michigan State Police Community Police Officer to encourage residents to turn their porch lights on for safety has evolved into a series of events featuring many in the Saginaw community: law enforcement and fire departments, residents, neighborhood associations, businesses, organizations, schools, many elected officials and Consumers Energy employees.

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Media Contact:

Katie Carey

Tel: 517-740-1739

(c) 2017 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2017 6 646 M
EBIT 2017 1 357 M
Net income 2017 610 M
Debt 2017 9 715 M
Yield 2017 2,83%
P/E ratio 2017 21,68
P/E ratio 2018 20,24
EV / Sales 2017 3,45x
EV / Sales 2018 3,43x
Capitalization 13 187 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 47,1 $
Spread / Average Target 0,12%
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Patricia K. Poppe President, Chief Executive Officer & Director
John G. Russell Chairman
Rejji P. Hayes Chief Financial Officer & Executive Vice President
Brian F. Rich Chief Information Officer
Thomas J. Webb Vice Chairman
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