Industrial Loads Drive Consumers Energy Sales Growth Amid Coal Plant Compliance Costs
Consumers Energy reported a 5.9% year-over-year increase in industrial electricity sales, driven by new and existing large loads, with expectations of 2-3% annual sales growth through 2030. However, compliance with U.S. Department of Energy emergency orders to keep a coal plant operational is increasing costs.
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Topics: coal plant compliance earnings report electricity sales industrial loads regulatory orders