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CONSUMERS POWER AND WOLVERINE POWER REACH SETTLEMENT AGREEMENT

 CONSUMERS POWER AND WOLVERINE POWER REACH SETTLEMENT AGREEMENT
 JACKSON, Mich., July 28 /PRNewswire/ -- Consumers Power Company and Wolverine Power Supply Cooperative, Inc. today announced they have executed a letter of agreement resolving outstanding issues between them over ownership rights in Consumers Power's transmission system. In addition, the settlement calls for Wolverine to withdraw from all pending court and administrative cases where Wolverine is participating as a member of the Michigan Municipal Cooperative Group (MMCG) against Consumers Power and its affiliates.
 Under the settlement agreement, signed July 27, 1992, Cadillac-based Wolverine will retain its present ownership interest in Consumers Power's transmission system, which will be fixed at 105 megawatts. Wolverine's ownership interest in Consumers Power's transmission system, which was sold in 1984 by Consumers Power based on Wolverine's then partial ownership of Detroit Edison's Fermi-2 nuclear plant, will be retained despite the fact that Wolverine no longer has any joint ownership in the Fermi plant.
 "This settlement represents a major step forward in resolving some of the long-standing differences of opinion we've had with one of the largest members of the MMCG," said Michael G. Morris, Consumers Power's executive vice president and chief operating officer. "The agreement will allow Consumers Power to provide the services of our electric system to Wolverine at a fair price." Morris added that he hoped the settlement would facilitate resolution of transmission ownership issues remaining between Consumers Power and other members of the Michigan Municipal Cooperative Group.
 Wolverine may utilize Consumers Power's transmission service and transmission tariff rates filed at the Federal Energy Regulatory Commission if it desires to use Consumers Power's system to satisfy its requirements over and above the 105 MW ownership rights.
 In addition to resolving issues over transmission system ownership entitlement rights, the parties agreed that:
 1) Wolverine will withdraw as a party from all pending court cases or adversarial litigation before any regulatory agency involving Consumers Power, or the utility's holding company, CMS Energy Corporation and its affiliates, and will not bring any new adversarial proceedings against these entities for a period of three years;
 2) Consumers Power will not bring any adversarial proceedings against Wolverine during the same three-year period.
 Wolverine Power Supply Cooperative, Inc. provides electric generation and transmission services to seven rural electric distribution cooperatives, with more than 140,000 customers in 35 counties in Michigan's Lower Peninsula. Wolverine's membr? cooperatives include: Cherryland Electric Cooperative; O & A Electric Cooperative; Oceana Electric Cooperative; Presque Isle Electric Cooperative; Top O' Michigan Electric Company; Tri-County Electric Cooperative; and Western Michigan Electric Cooperative.
 Consumers Power Company, the principal subsidiary of CMS Energy Corporation (NYSE: CMS), is Michigan's largest natural gas and electric utility serving almost 6 million of the state's 9 million residents in 67 of the 68 Lower Peninsula counties.
 -0- 7/28/92
 /CONTACT: Charles E. MacInnis of Consumers Power, 517-788-0333/
 (CMS) CO: Consumers Power Company; Wolverine Power Supply Cooperative, Inc.
 CMS Energy Corporation ST: Michigan IN: UTI SU:


ML -- DE006 -- 3922 07/28/92 09:35 EDT
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Publication:PR Newswire
Date:Jul 28, 1992
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