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__________________________________________________________________________
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) June 5, 1997
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 49201
(517) 788-1030
__________________________________________________________________________<PAGE>
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ITEM 5. OTHER EVENTS.
Electric Rate Case Proceedings
On June 5, 1997, CMS Energy Corporation ("CMS Energy") issued a press
release. The press release states that Consumers Energy Company, the
principal subsidiary of CMS Energy, announced that the Michigan Public
Service commission ("MPSC") issued an order on June 5, 1997 related to
the restructuring of the electric power industry in the State of Michigan.
A copy of the press release is included as an Exhibit to this Current
Report on Form 8-K and is incorporated herein by reference. The entire
MPSC order, Case No. U-11290, can be accessed on the MPSC's website,
http://ermisweb.state.mi.us/mpsc/orders.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(99) Press Release of CMS Energy Corporation dated June 5, 1997.<PAGE>
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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: June 5, 1997 By: /s/ A.M. Wright
_________________________
Alan M. Wright
Senior Vice President, Chief
Financial Officer
and Treasurer
CONSUMERS ENERGY COMPANY
Dated: June 5, 1997 By: /s/ A.M. Wright
___________________________
Alan M. Wright
Senior Vice President
and Chief Financial Officer<PAGE>
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EXHIBIT INDEX
Exhibit
Number
99 Press Release of CMS Energy Corporation dated June 5, 1997.<PAGE>
<PAGE>
EXHIBIT 99
CMS ENERGY NewsRelease
__________________________________________________________________________
An International Fairlane Plaza South, Suite 1100 Tel:3134369253
Energy Company 330 Town Center Drive Fax:3134369321
Dearborn, MI 48126
USA Kelly M. Farr
Director of
Communications
DEARBORN, Mich., June 5, 1997 - Consumers Energy, the principal
subsidiary of CMS Energy Corporation (NYSE:CMS) announced that the
Michigan Public Service Commission (MPSC) today issued an order related to
the restructuring of the electric power industry in Michigan.
The MPSC order largely endorses, although with some modification, the
restructuring plan developed by the MPSC Staff which reflects the
principles and concepts for restructuring espoused by Michigan Governor
John Engler and the Michigan Jobs Commission.
The key elements of the plan include:
- recovery of transition costs through a transmission surcharge for
all retail customers who choose alternate generation suppliers;
- securitization of the surcharge revenue stream to provide for
customer rate reductions;
- an annual phase-in of 150 megawatts (2.5 percent of the utility's
load) of competition beginning later in 1997 through the year 2001;
- the ability of any utility retail customer beginning in the year
2002 to choose their electric generator.
The Company is studying the details of the MPSC's order and will have
additional comments in the future.
The MPSC order endorsing a restructuring plan is the first major step
in the process of electric restructuring which will also require action on
a number of elements of the plan by the Michigan Legislature. Legislative
hearings began in April, with action by the Legislature expected this
fall.
CMS Energy Corporation is a $4.8 billion (sales), $9 billion (asset)
international energy company operating throughout the U.S. and in 15
foreign countries with businesses in electric and natural gas utility
operations; independent power production; natural gas pipelines and
storage; oil and gas exploration and production; and energy marketing,
services and trading. CMS Energy Corporation's principal subsidiary is
Consumers Energy, Michigan's largest utility and America's fourth largest
combination gas and electric utility.
# # #
June 5, 1997
Information on CMS Energy is accessible on the Internet through the World
Wide Web at the following address: http://www.cmsenergy.com/
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