Business Segments · Alternative-revenue programs

Electric Utility — Alternative-revenue programs

CMS Energy Electric Utility — Alternative-revenue programs decreased by 97.7% to $1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $2.00M to $1.00M. Over 3 years (FY 2022 to FY 2025), Electric Utility — Alternative-revenue programs shows an upward trend with a 5.2% 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

Higher values indicate successful achievement of regulatory performance goals or favorable regulatory policy support.

Detailed definition

This captures revenue derived from regulatory mechanisms that decouple utility earnings from actual energy sales volume,...

Peer comparison

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

Metric ID: cms_segment_electric_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$1.00M$32.00M$0.00$1.00M$0.00$42.00M$0.00$10.00M$1.00M$38.00M$1.00M$3.00M$1.00M$51.00M$2.00M$2.00M$2.00M$44.00M$1.00M
QoQ Change>999%-100.0%-100.0%-100.0%-90.0%>999%-97.4%+200.0%-66.7%>999%-96.1%+0.0%+0.0%>999%-97.7%
YoY Change-100.0%+31.3%+900.0%-9.5%-70.0%+0.0%+34.2%+100.0%-33.3%+100.0%-13.7%-50.0%
Range$0.00$51.00M
CAGR+0.0%
Avg YoY Growth+74.1%
Median YoY Growth-4.8%

Frequently Asked Questions

What is CMS Energy's electric utility — alternative-revenue programs?
CMS Energy (CMS) reported electric utility — alternative-revenue programs of $1.00M in Q1 2026.
How has CMS Energy's electric utility — alternative-revenue programs changed year-over-year?
CMS Energy's electric utility — alternative-revenue programs decreased by 50.0% year-over-year, from $2.00M to $1.00M.
What is the long-term trend for CMS Energy's electric utility — alternative-revenue programs?
Over 3 years (2022 to 2025), CMS Energy's electric utility — alternative-revenue programs has grown at a 5.2% compound annual growth rate (CAGR), from $43.00M to $50.00M.
What does electric utility — alternative-revenue programs mean?
Revenue earned from regulatory incentive programs focused on energy efficiency and performance targets.