-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VBaphfnjkIkqPcLl21u/g0bamSjsQnpyiSDMMjnaCDyQjwYFdk869LlJu8LuYwgN LHA9JIilGgX+B6nI7uvAhw== 0000201533-96-000158.txt : 19961120 0000201533-96-000158.hdr.sgml : 19961120 ACCESSION NUMBER: 0000201533-96-000158 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961115 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961115 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CMS ENERGY CORP CENTRAL INDEX KEY: 0000811156 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 382726431 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09513 FILM NUMBER: 96667894 BUSINESS ADDRESS: STREET 1: FAIRLANE PLZ SOUTH STE 1100 STREET 2: 330 TOWN CENTER DR CITY: DEARBORN STATE: MI ZIP: 48126 BUSINESS PHONE: 313-436-9200 MAIL ADDRESS: STREET 1: FAIRLANE PLAZA SOUTH, SUITE 1100 STREET 2: 330 TOWN CENTER DRIVE CITY: DEARBORN STATE: MI ZIP: 48126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSUMERS POWER CO CENTRAL INDEX KEY: 0000201533 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 380442310 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05611 FILM NUMBER: 96667895 BUSINESS ADDRESS: STREET 1: 212 W MICHIGAN AVE CITY: JACKSON STATE: MI ZIP: 49201 BUSINESS PHONE: 517-788-0550 8-K 1 FORM 8-K - CURRENT REPORT FORM 8-K CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) November 14, 1996 Commission Registrant; State of Incorporation; IRS Employer File Number Address; and Telephone Number Identification No ___________ ____________________________ ___________________ 1-9513 CMS ENERGY CORPORATION 38-2726431 (A Michigan Corporation) Fairlane Plaza South, Suite 1100 330 Town Center Drive Dearborn, Michigan 48126 (313) 436-9261 1-5611 CONSUMERS POWER COMPANY 38-0442310 (A Michigan Corporation) 212 West Michigan Avenue Jackson, Michigan 49201 (517) 788-1030 2 ITEM 5. OTHER EVENTS PROPOSED SETTLEMENT AGREEMENT On November 15, 1996, CMS Energy announced that its principal subsidiary, Consumers Power Company, received a final rate order on November 14, 1996 from the Michigan Public Service Commission (MPSC) in connection with a proposed settlement agreement between Consumers Power Company and the MPSCstaff related to three cases -- a general rate case, a depreciation case and a competitive tariff case. A copy of the press release is included as an Exhibit to this Current Report on Form 8-K and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (99) Press Release of CMS Energy Corporation, dated November 15, 1996. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. CMS ENERGY CORPORATION Dated: November 15, 1996 By: /s/ Alan M. Wright _____________________________ Alan M. Wright Senior Vice President, Chief Financial Officer and Treasurer CONSUMERS POWER COMPANY Dated: November 15, 1996 By: /s/ Alan M. Wright ________________________________ Alan M. Wright Senior Vice President, Chief Financial Officer and Treasurer 4 EXHIBIT INDEX Exhibit Number _______ 99 Press Release of CMS Energy Corporation, dated November 15, 1996 EX-99 2 EXHIBIT 99 TO FORM 8-K 5 EXHIBIT 99 6 EXHIBIT 99 CMS ENERGY NEWS Contact: Kelly M. Farr (313) 436-9253 DEARBORN, Mich., November 15, 1996--CMS Energy Corporation (NYSE:CMS) today announced that its principal subsidiary, Consumers Power Company, received a final rate order from the Michigan Public Service Commission (MPSC) in connection with a settlement the Company and the MPSC Staff had previously filed, related to three cases--a general rate case, a depreciation case and a competitive tariff case. The MPSC's order adopts most parts of the proposed settlement, but includes several modifications. The key features of the MPSC's order are: 1. Adoption, as filed, of the recovery in customer rates of the final 325 megawatts of power purchased by the Company from the Midland Cogeneration Venture Limited Partnership. 2. Reaffirmation of the $46.5 million increase in electric rates provided in a February 1996 MPSC partial order rather than the $49.7 million filed in the settlement. 3. Adoption of the settlement proposal's removal of rate skewing (the subsidization of residential rates by industrial and large commercial customers) in two steps. The first step occurred in February 1996 when the partial order was issued and the second step will be implemented December 1, 1996. 4. Partial acceptance of the proposed settlement's change in depreciation for certain utility assets which will have the effect of reducing future transition costs. 5. Expansion of the proposed limited direct access program from 100 mega- watts to 240 megawatts which amounts to about 5% of the Company's commercial and industrial load and 3% of its total load. 6. Acknowledgement by the MPSC that utility customers should be "responsible for their fair share of costs incurred by changing their status from full-service customers to either retail, wheeling or direct access customers." CMS Energy Corporation is a $4 billion (sales), $8 billion (asset) international energy company with businesses engaged in electric and natural gas utility operations; independent power production; natural gas pipeline and storage; gas and electric marketing; and oil and gas exploration and production. CMS Energy Corporation's principal subsidiary is Consumers Power Company, Michigan's largest utility and the nation's fourth largest gas and electric utility. # # # Information on CMS Energy is accessible on the Internet through the World Wide Web at the following address: http://www.cmsenergy.com/ -----END PRIVACY-ENHANCED MESSAGE-----