Today: 29 June 2026
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NYSE:CMS 17 October 2025 - 4 June 2026

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan regulators approved a $276.6 million electricity rate increase for Consumers Energy, raising typical residential bills by $6.46 per month starting May 1. The Michigan Public Service Commission cut nearly 40% from the company’s original request. Consumers serves about 1.9 million customers statewide. Attorney General Dana Nessel criticized the decision as another burden on households.
31 March 2026
Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy is allocating $5 million to Michigan nonprofits to help residents pay energy bills as winter costs rise. The Consumers Energy Foundation separately awarded $100,000 to EightCAP for “Fresh Start Kits” to support people leaving homelessness in four counties. The utility said the aid will not come from customer bills. EightCAP has distributed 81 kits since November.
16 January 2026
Michigan’s Green Energy Boom: Utilities Hit 50% Renewables Target as Solar Grants Surge

Michigan’s Green Energy Boom: Utilities Hit 50% Renewables Target as Solar Grants Surge

Michigan’s major utilities report they will double renewable energy capacity by 2030, aiming for 50% renewable electricity. DTE and Consumers Energy are investing billions in new solar and wind projects to meet state mandates. State regulators awarded $5 million in grants to 14 local renewable projects this week. Large solar farms are generating millions in tax revenue for rural counties and have created about 20,000 green jobs since 2009.

Stock Market Today

  • US Futures Rise as US-Iran Peace Talks Set to Resume
    June 28, 2026, 6:54 PM EDT. US equity futures rose following reports that the United States and Iran have eased tensions, averting potential conflict escalation. This development supports the fragile ceasefire integral to ongoing peace negotiations. Investors reacted positively, seeing reduced geopolitical risk ahead.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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