Business Segments · Alternative-revenue programs

Gas Utility — Alternative-revenue programs

CMS Energy Gas Utility — Alternative-revenue programs decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Gas Utility — Alternative-revenue programs shows an upward trend with a 10.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026

How to read this metric

An increase reflects successful regulatory outcomes or achievement of energy efficiency targets, while a decrease suggests regulatory headwinds or program expiration.

Detailed definition

Revenue recognized through regulatory mechanisms that allow the utility to recover costs or earn incentives outside of t...

Peer comparison

Standard for utilities operating under decoupling or performance-based regulatory frameworks.

Metric ID: cms_segment_gas_utility_alternative_revenue_programs

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$12.00M-$7.00M$7.00M-$3.00M$17.00M$0.00$0.00$0.00$20.00M$0.00$0.00$0.00$19.00M$0.00$0.00$0.00$19.00M$0.00
QoQ Change-158.3%+200.0%-142.9%+666.7%-100.0%-100.0%-100.0%-100.0%
YoY Change+41.7%+100.0%-100.0%+100.0%+17.6%-5.0%+0.0%
Range-$7.00M$20.00M
Avg YoY Growth+22.0%
Median YoY Growth+17.6%

Frequently Asked Questions

What is CMS Energy's gas utility — alternative-revenue programs?
CMS Energy (CMS) reported gas utility — alternative-revenue programs of $0.00 in Q1 2026.
What is the long-term trend for CMS Energy's gas utility — alternative-revenue programs?
Over 3 years (2022 to 2025), CMS Energy's gas utility — alternative-revenue programs has grown at a 10.7% compound annual growth rate (CAGR), from $14.00M to $19.00M.
What does gas utility — alternative-revenue programs mean?
Revenue earned through regulatory incentive programs rather than direct gas sales.