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.
Higher values indicate successful achievement of regulatory performance goals or favorable regulatory policy support.
This captures revenue derived from regulatory mechanisms that decouple utility earnings from actual energy sales volume,...
Standard for utilities operating under decoupling or performance-based regulatory frameworks.
cms_segment_electric_utility_alternative_revenue_programs| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |