Business Segments · Power supply cost

NorthStar Clean Energy — Power supply cost

CMS Energy NorthStar Clean Energy — Power supply cost increased by 37.9% to $91.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.9%, from $69.00M to $91.00M. Over 3 years (FY 2022 to FY 2025), NorthStar Clean Energy — Power supply cost shows a downward trend with a -4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests margin compression due to rising fuel or procurement costs, while a decrease indicates improved cost efficiency.

Detailed definition

The direct costs incurred to procure or generate the power sold to customers, including fuel, purchased power agreements...

Peer comparison

Standard cost of goods sold (COGS) equivalent for energy generation segments.

Metric ID: cms_segment_northstar_clean_energy_power_supply_cost

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$76.00M$76.00M$76.00M$76.00M$42.50M$42.50M$42.50M$42.50M$39.00M$35.00M$45.00M$42.00M$69.00M$66.00M$63.00M$66.00M$91.00M
QoQ Change+0.0%+0.0%+0.0%-44.1%+0.0%+0.0%+0.0%-8.2%-10.3%+28.6%-6.7%+64.3%-4.3%-4.5%+4.8%+37.9%
YoY Change-44.1%-44.1%-44.1%-44.1%-8.2%-17.6%+5.9%-1.2%+76.9%+88.6%+40.0%+57.1%+31.9%
Range$35.00M$91.00M
CAGR+4.6%
Avg YoY Growth+7.5%
Median YoY Growth-1.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is CMS Energy's northstar clean energy — power supply cost?
CMS Energy (CMS) reported northstar clean energy — power supply cost of $91.00M in Q1 2026.
How has CMS Energy's northstar clean energy — power supply cost changed year-over-year?
CMS Energy's northstar clean energy — power supply cost increased by 31.9% year-over-year, from $69.00M to $91.00M.
What is the long-term trend for CMS Energy's northstar clean energy — power supply cost?
Over 3 years (2022 to 2025), CMS Energy's northstar clean energy — power supply cost has grown at a -4.6% compound annual growth rate (CAGR), from $304.00M to $264.00M.
What does northstar clean energy — power supply cost mean?
The direct cost of generating or purchasing the energy sold.