Consumers Energy Provides $2 Million to Help Qualifying Customers Offset Past Due Summer Bills
Rhea-AI Summary
Consumers Energy (NYSE:CMS) has announced a $2 million commitment to help qualifying customers with past-due summer energy bills. The assistance will be distributed through The Heat and Warmth Fund (THAW) and The Salvation Army. Eligible customers must be past due, shut-off, or have a balance on a former address, with income qualifications varying by household size.
This initiative follows a $5 million contribution earlier this year for winter assistance. In 2024, Consumers Energy helped over 137,000 Michiganders obtain nearly $69 million in energy cost assistance. The company serves 6.8 million of Michigan's 10 million residents across all 68 Lower Peninsula counties.
Positive
- Commitment of $2 million in new customer assistance funding
- Previously provided $5 million for winter season assistance
- Helped 137,000 customers obtain $69 million in energy assistance in 2024
- Broad eligibility criteria including households earning up to $128,600 for family of four
Negative
- Rising number of customers requiring payment assistance
- High demand for utility assistance indicating widespread payment challenges
News Market Reaction 1 Alert
On the day this news was published, CMS declined 0.37%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Consumers Energy is proud to again take the lead in assisting our customers in their greatest time of need – ensuring more
To qualify for the one-time assistance payment, customers must be past due, shut-off or have a balance on a former address. This program is income-based and qualifications vary based on household size. For example, an individual making less than
"Consumers Energy has been a longtime partner in our mission to keep
"For many families and people in need, The Salvation Army is their last hope. Driven by unprecedented demand, it is almost impossible to keep up with the number of requests we receive for utility assistance. The money is gone almost as soon as we get it," said Lt. Colonel Steve Merritt, divisional commander for The Salvation Army Great Lakes Division. "God Bless Consumers Energy, not only for this donation, but for our partnership with them, as they continue to help thousands safely remain in their homes."
Consumers Energy's
Additionally, Consumers Energy helped over 137,000 Michiganders to obtain nearly
"We are dedicated to the people who count on us for energy and provide assistance that allows people to stay safe and comfortable in any season," Synder added.
To apply, customers can call or visit the following agency website links.
- THAW: Call 1-800-866-THAW (8429) or apply online at www.thawfund.org
- The Salvation Army: Contact your local Salvation Army or apply online at https://salarmy.us/energy.
Consumers Energy reminds customers additional help is available for anyone who needs assistance with their energy bills by calling 2-1-1, a free resource that connects people with nonprofit organizations. Customers can also visit ConsumersEnergy.com/assistance.
To make it easier for customers to find the help they need based on their situation, Consumers Energy recently launched "My Personalized Offerings," an easy-to-use tool that empowers customers to identify and enroll in custom payment assistance and energy management programs. The optional tool is free and available to all customers at ConsumersEnergy.com/offers.
Consumers Energy is
For more information about Consumers Energy, go to ConsumersEnergy.com.
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SOURCE Consumers Energy