1
================================================================================
FORM 8-K
CURRENT REPORT
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) DECEMBER 6, 1999
COMMISSION REGISTRANT; STATE OF INCORPORATION; IRS EMPLOYER
FILE NUMBER ADDRESS; AND TELEPHONE NUMBER IDENTIFICATION NO
- ----------- ----------------------------- -----------------
1-9513 CMS ENERGY CORPORATION 38-2726431
(A MICHIGAN CORPORATION)
FAIRLANE PLAZA SOUTH, SUITE 1100
330 TOWN CENTER DRIVE
DEARBORN, MICHIGAN 48126
(313) 436-9261
1-5611 CONSUMERS ENERGY COMPANY 38-0442310
(A MICHIGAN CORPORATION)
212 WEST MICHIGAN AVENUE
JACKSON, MICHIGAN
(517) 788-1030
================================================================================
2
ITEM 5. OTHER EVENTS.
CMS Energy Corporation announced today that its utility subsidiary,
Consumers Energy, has reached agreement with a broad coalition of Michigan
industrial and commercial customers, other utilities and independent power
producers to support specific legislation on electric restructuring in Michigan.
The legislation provides for customer choice of power supplies by
January 2002 and full recovery of stranded costs by utilities. It also provides
for a three-year rate freeze for all customers of the utility who choose to
remain with the utility as their electric supplier. As a result of Consumers
Energy's agreement with its customers on the legislation, ABATE (a coalition of
Michigan industrial and commercial customers) and Consumers Energy filed a
motion today that the Michigan Public Service Commission (MPSC) suspend an ABATE
electric rate complaint proceeding at the MPSC pending the enactment of the
proposed legislation which is expected to be considered during the first quarter
of next year.
Copies of the Company's press release announcing these developments, the
joint press release of the Michigan Chamber of Commerce and the Michigan
Manufacturers Association announcing the broad support for this legislation as
well as the joint motion of ABATE and Consumers Energy to suspend proceedings
pending before the MPSC are filed as exhibits to this report.
ITEM 7. EXHIBITS
(99)(a) CMS Energy press release dated December 6, 1999
(99)(b) Joint press release of the Michigan Chamber of Commerce and
the Michigan Manufacturers Association announcing the broad
support for proposed Michigan legislation on electric
restructuring
(99)(c) Joint motion of ABATE and Consumers Energy to suspend
proceedings before the Michigan Public Service Commission
3
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: December 6, 1999 By: /s/ Alan M. Wright
------------------------------
Alan M. Wright
Senior Vice President and
Chief Financial Officer
CONSUMERS ENERGY COMPANY
Dated: December 6, 1999 By:/s/ Alan M. Wright
-------------------------------
Alan M. Wright
Senior Vice President and
Chief Financial Officer
4
INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
- ---------- -----------
(99)(a) - CMS Energy press release dated December 6, 1999
(99)(b) - Joint press release of the Michigan Chamber of Commerce and the
Michigan Manufacturers Association announcing the broad support
for proposed Michigan legislation on electric restructuring
(99)(c) - Joint motion of ABATE and Consumers Energy to suspend
proceedings before the Michigan Public Service Commission