8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) May 18, 2012

Commission File Number	Registrant; State of Incorporation;       Address; and Telephone Number	IRS Employer Identification No.
1-9513	CMS ENERGY CORPORATION (A Michigan Corporation) One Energy Plaza Jackson, Michigan 49201 (517) 788-0550	38-2726431
1-5611	CONSUMERS ENERGY COMPANY (A Michigan Corporation) One Energy Plaza Jackson, Michigan 49201 (517) 788-0550	38-0442310

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

On May 18, 2012, CMS Energy Corporation and Consumers Energy Company are holding their annual meetings of shareholders. A copy of the presentation to attendees at the annual meetings is furnished as Exhibit 99.1 to this report.

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Presentation dated May 18, 2012

This Form 8-K contains “forward-looking statements” as defined in Rule 3b-6 of the Securities Exchange Act of 1934, as amended, Rule 175 of the Securities Act of 1933, as amended, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. They should be read in conjunction with “FORWARD-LOOKING STATEMENTS AND INFORMATION” and “RISK FACTORS” sections of CMS Energy Corporation’s (“CMS Energy”) Form 10-K and Consumers Energy Company’s (“Consumers Energy”) Form 10-K each for the Year Ended December 31, 2011 and as updated in CMS Energy’s and Consumers Energy’s Forms 10-Q for the Quarter Ended March 31, 2012. CMS Energy’s and Consumers Energy’s “FORWARD-LOOKING STATEMENTS AND INFORMATION” and “RISK FACTORS” sections are incorporated herein by reference and discuss important factors that could cause CMS Energy’s and Consumers Energy’s results to differ materially from those anticipated in such statements.

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: May 18, 2012	By:	/s/ Thomas J. Webb
		Thomas J. Webb
		Executive Vice President and
		Chief Financial Officer

	CONSUMERS ENERGY COMPANY
Dated: May 18, 2012	By:	/s/ Thomas J. Webb
		Thomas J. Webb
		Executive Vice President and
		Chief Financial Officer

Exhibit Index

99.1 Presentation dated May 18, 2012

EX-99.1

Exhibit 99.1

Exhibit 99.1

2012Annual Shareholders’ Meeting

Annual Shareholders’ Meeting

John Russell May 18, 2012

CMS Energy Organization

CMS Energy Corporation

Consumers Energy (Michigan Utility)

CMS Enterprises Revenue-$0.2 billion

Electric

Revenue- $3.91 billion Customer Base -1.8 million

Gas

Revenue- $2.34 billion Customer Base -1.7 million

Year-end 2011 financial data

CMS Energy ranks #380 on Fortune 500 list.

JGR 1

Consumers Energy

4th largest combination utility in United States

Committed to Michigan (State ranking)

#2 Investor

#7 Employer

#1 Renewable energy supplier

Spend over $2 billion annually with Michigan suppliers

Proudly serving the customers of Michigan for over 125 years.

JGR2

Growing Forward Strategy

Consistent financial performance

Fair and timely regulation

Utility investment Customer value

Safe, excellent operations

Durable strategy in place. Delivered on shareholder priorities.

JGR 3

Employee Safety

1st quartile results within industry.

Safety Incidents

4th Quartile (70%)

2006 2007 2008 2009 2010 2011 1st Quartile

JGR 4

Michigan’s Economy Recovering

Unemployment Improvements

Michigan U.S.

16 14 12 10 8 6 4 2 0

2006 2007 2008 2009 2010 2011 2012

14% 10% 8%

Source: Bureau of Labor Statistics

U.S. Auto Sales

In Millions

17.4 10.6 11.8 13.0 14.3

2005 2009 2010 2011 2012F

Source: WardsAuto; J.D. Power and LMC Automotive

JGR 5

Sales Recovery

Electric Salesa

Gwh

Up 5%

7% deadline 1979 to 1982

Up 9% 1983 & 1984

6% decline 2007 to 2009

2010 to 2012

40,000 35,000 30,000 25,000 20,000

1975 1979 1983 1987 1991 1995 1999 2003 2007

Electric Salesa vs Prior Years

+8%

Before EO

+2.1% 2.4% 2.4% +3%

+1.7% +1.3% +2%

+5%

-0.7% -2.0% -3.0% -6%

2006 2007 2008 2009 2010 2011 2012

JGR 6

a weather adjusted

Electric Sales by Customer Segment

Percent Change (Year over Year)

2010 2011

12 10 8 6 4 2 0 -2 -4

9.9 3.6 1.6 1.7 1.3

-1.2 -1.1 -2.5

Industrial Commercial Residential Total

*Weather Adjusted Electric Sales; Includes Energy Optimization

JGR 7

2012 Priorities

Achieve financial objectives

5-7 percent earnings growth

Competitive dividend yield

Strong operational cash flow

Deliver consistent financial performance.

JGR 8

Continue to improve safety and operational performance

1st quartile—Employee safety

Operational costs down $40 million

“Best in Class”—Overhead cost management

2012 Priorities [Cont’d]

Enhance customer value

Customer Savings

Lower natural gas prices: ($100 million)

Energy efficiency program: (S175 million)

Base rate increases at or below rate of inflation

Residential customer pays less than $3/day

Execute investment plan

Disciplined, customer-focused approach

Reduce O&M and/or fuel expense

Environmental spend of $1,5 billion over 5 years

Deliver customer value.

JGR 9

Investment in Michigan

Lake Winds Energy Park

Karn/Weadock

Generating Complex.

Environmental Compliance, Increased capacity

Ludinqton Pumped

Storage Plant.

Reliability & Capacity

Cross Winds Energy Park

Campbell Generating

Plant.

Environmental Compliance

Ray Compressor Station.

Reliability & Automation

In Process/Planned

Investing $6.6 billion over the next five years.

JGR 10

System Reliability

Smart Grid

System Reliability

Earnings Per Sharea Growth

$1.55- 1.52

$1.45

$0.81

$0.90

$0.96

$1.08

$0.84

$1.21b

$1.26

$1.36

2005

2006

2003

2004

2007

2008

2009

2010

2011

2012

Guidance

a Adjusted EPS(non-GAAP)excluding MIM in 2004-2006, Reconciliationto GAAP is on CMS Energy’s website. www.crnsenergy.com

b $1.25 excluding discontinued Exeter operations and accounting changes related to convertible debt and restricted stock

JGR 11

Dividend Growth

96¢

84¢

66¢

50¢

36¢

20¢

0

0

0

0

Dividend suspended

Payout 62%

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Consistent earnings and dividend growth provide strong Total Shareholder Return.

JGR 12

Total Shareholder Return…

One Year (2011)

Three Year (2009-2011)

147%

Five Year (2007-2011)

55%

39%

CMS Average S&P 500 Peers

24%

22%

2%

71%

48%CMS Average S&P 500 Peers

-1%

CMS Average

Peers

S&P 500

.strong (and consistent) vs peer group.

JGR 13

* includes 33 peer Group Companies

Market Capitalization Growth

$1.4 $2.0 $3.2 $3.7 $3.9 $2.3 $3.5 $4.6 (High Yield August) $5.6 $6.0

2003 2004 2005 2006 2007 2008 2009 2010 2011 May 2012

Market Capitalization at all-time high; Up 60% since Higher Yield announcement.

*Year-end values except 2012; $ Value in billions.

JGR 14

Stock Performance

Philadelphia

Utility Index 5% Peers 4%

$20.16 $22.84

20% 15 10 5 0 -5 -10 -15 -20

May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May

2011 2012

Start date May 18, 2011

JGR 15

CMS 13%

CMS ENERGY CORPORATION

Earnings Per Share By Year GAAP Reconciliation (Unaudited)

2003 2004 2005 2006 2007 2008 2009 2010 2011

Reported earnings (loss) per share-GAAP ($0.30) $0.64 ($0.44) ($0.41) ($1.02) $1.20 $0.91 $1.28 $1.58

After-tax items:

Electric and gas utility 0.21 (0.39)—- (0.07) 0.05 0.33 0.03 0.00

Enterprises 0.74 0.62 0.04 (0.02) 1.25 (0.02) 0.09 (0.03) (0.11)

Corporate interest and other 0.16 (0.03) 0.04 0.27 (0.32) (0.02) 0.01 * (0.01)

Discontinued operations (income) loss (0.16) 0.02 (0.07) (0.03) 0.40 (*) (0.08) 0.08 (0.01)

Asset impairment charges, net—- 1.82 0.76 0.60———

Cumulative accounting changes 0.16 0.01———— -

Adjusted earnings per share, including MTM-non-GAAP $0.81 $0.87 $1.39 $0.57 $0.84 $1.21(a) $1.26 $1.36 $1.45

Mark-to-market impacts 0.03 (0.43) 0.51

Adjusted earnings per share, excluding MTM-non-GAAP NA $0.90 $0.96 $1.08 NA NA NA NA NA

*Less than $500 thousand or $0.01 per share.

(a) $1.25 excluding discontinued Excess operations and accounting changes related to convertible debt and restricted stock

CMS Energy provides financial results on both a reported (Generally Accepted Accounting Principles) and adjusted (non-GAAP) basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance, unaffected by discontinued operations, asset sales, impairments, regulatory items from prior years, or other items. Certain of these items have the potential to impact, favorably or unfavorably, the company’s reported earnings in 2012. The company is not able to estimate the impact of these matters and is not providing reported earnings guidance.

Questions

2012 Annual Shareholders’ Meeting