Day: October 3, 2024

Consumers Energy customers not only get stuck with all of the costs associated with 2025 Campbell closure/demolition, but also have to pay Consumers what it would have received in profit if it had stayed open to 2040 like planned only 5 years ago — Could it be that Consumers Energy executives with handsome company stock options would have a different view of this if the tables were turned?Consumers Energy customers not only get stuck with all of the costs associated with 2025 Campbell closure/demolition, but also have to pay Consumers what it would have received in profit if it had stayed open to 2040 like planned only 5 years ago — Could it be that Consumers Energy executives with handsome company stock options would have a different view of this if the tables were turned?

This footnote in its financial report explains the sweetheart deal that Consumers Energy executives with stock options and other investors got: Consumers Energy executives with giant stock options and other big investors are willing to do the bidding of Governor Whitmer and her Michigan Public Service Commission (MPSC) appointees who currently regulate Consumers Energy under […]

October 3, 2024 savethecampbell