CMS Energy sees long-term CAGR growth of 5%-7% Sees rate base growth of 5%-7% from 2013-2022, and customer base rates to be less than 2% in that same period. Sees annual Industrial sales growth of 2% in its conservative plan assumptions for 2015-2018. Sees annual electric sales growth of 0.5% in 2015-2018. Sees total CapEx for 2013-2022 to be $15.34B. Comments taken from slides for the company's Investor Meetings on July 10 and July 11.
CMS Energy increases projecting spending on CapEx over next 10 years to $17B The company also increased its projected spending on capital expenditures over the next 10 years from $15.5 billion to $17 billion. The additional spending enables CMS Energy to increase its earnings per share guidance to 6% to 8%, starting in 2017.