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Sankey diagram of CMS Energy Corporation. A complete text table follows the diagram.
Electric grids and gas pipelines serve the same homes and businesses, while regulated investment expands the infrastructure customers fund over time
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Every link is an exact filing-reported revenue amount. Shared customer-class nodes add reported electric and gas amounts; no allocation is modeled. Capital-plan and regulatory facts are contextual only.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| CMS Energy operating revenue | 1 | $2.7B | Michigan utility platform plus clean power |
| Electric utility | 2 | $1.4B | Generate, purchase and distribute power |
| Gas utility | 2 | $1.2B | Purchase, store and deliver natural gas |
| NorthStar Clean Energy | 2 | $118M | Independent renewable power and commodities |
| Michigan households | 3 | $1.6B | Electric and gas customer revenue |
| Commercial customers | 3 | $723M | Stores, offices and institutions |
| Industrial customers | 3 | $235M | Factories and large energy users |
| Other utility customers | 3 | $96M | Remaining tariff-based revenue |
| Financing & alternative programs | 3 | $5M | Other regulated utility revenue |
| Independent clean-power market | 3 | $118M | Power production, leases and commodities |
| From | To | Value |
|---|---|---|
| CMS Energy operating revenue | Electric utility | $1.4B |
| CMS Energy operating revenue | Gas utility | $1.2B |
| CMS Energy operating revenue | NorthStar Clean Energy | $118M |
| Electric utility | Michigan households | $663M |
| Electric utility | Commercial customers | $448M |
| Electric utility | Industrial customers | $202M |
| Electric utility | Other utility customers | $52M |
| Electric utility | Financing & alternative programs | $3M |
| Gas utility | Michigan households | $890M |
| Gas utility | Commercial customers | $275M |
| Gas utility | Industrial customers | $33M |
| Gas utility | Other utility customers | $44M |
| Gas utility | Financing & alternative programs | $2M |
| NorthStar Clean Energy | Independent clean-power market | $118M |