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Consumers Energy has reached an agreement with key energy stakeholders in Michigan regarding the utility’s 2018 Integrated Resource Plan (IRP).

Consumers Energy has agreed with a coalition of customer groups, environmental organisations and the Michigan Attorney General on the state’s energy future.

Following reaching an agreement, Consumers Energy has filed the settlement with the Michigan Public Service Commission.

In line with the utility’s IRP, the settlement confirms energy stakeholders support Consumers Energy to:

  1. Reduce its carbon emissions by more than 90% by 2040.
  2. Increase renewable energy capacity by 400% through the addition of 5,000MW of solar by 2030
  3. Eliminate coal energy generation by 2040
  4. Increase investments in consumer energy efficiency programmes which have saved customers $2 billion since 2009

Patti Poppe, president and CEO of Consumers Energy, said: “This breakthrough plan positions Consumers Energy and Michigan as a national clean energy leader.

“The settlement enables our Clean Energy Plan and puts us on the path to zero coal substituted by increased renewable energy – most notably solar – all done in an affordable way through a competitive marketplace. Michigan will have one of the cleanest and most affordable energy systems in the country through this standard-setting plan.”