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Consumers Energy Provides Relief to Customers Amid Winter Temperature Drop

As winter sets in across Michigan, Consumers Energy takes proactive measures to ensure that its customers benefit from significantly reduced natural gas prices, contrary to the national trends highlighting rising energy costs. The company's commitment to smart energy management is reflected in its strategic purchasing and storage approach that keeps consumer prices competitive.

Strategic Purchasing for Optimal Savings

Understanding the challenges families face with increasing living costs, Consumers Energy has developed a unique strategy of buying natural gas during the summer months when market prices are at their lowest. This gas is then stored within Michigan’s impressive underground storage systems, allowing for efficient and cost-effective delivery to customers during the winter months when demand typically rises. As a result, residential natural gas rates provided by Consumers Energy are currently reported to be 28% below the national average, a considerable relief during this cold season.

LeeRoy Wells, Senior Vice President and Gas Delivery President at Consumers Energy notes, “Families are facing real pressure from rising costs – groceries, housing, healthcare, and more – energy shouldn’t add to that burden.” By leveraging its strategic purchasing, Consumers Energy passes on the savings directly to its customers rather than profiting from gas costs, emphasizing their commitment to supporting families in Michigan. This model, underpinned by local sourcing and community engagement, showcases an effective approach to energy pricing during times of heightened demand.

Community Support for Those in Need

In addition to providing favorable pricing, Consumers Energy demonstrates a deep commitment to customer welfare, especially during extreme cold weather. Recently, the company announced a $5 million investment aimed at helping families access bill assistance through recognized local community partners. This initiative is vital for ensuring that no household has to choose between heating their home and affording basic necessities like groceries.