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CONSUMERS POWER ELECTRIC RATES REDUCED BY 2.6 PERCENT THROUGH 1993

 JACKSON, Mich., May 27, 1993 /PRNewswire/ -- Consumers Power Company today announced it has reduced its electric rates by 2.6 percent, beginning with June bills, through the end of the year. During June the utility will also distribute a one-time electric refund of $69.4 million, in accordance with an order of the Michigan Public Service Commission (MPSC).
 The 1993 reduction, through the company's power supply cost recovery mechanism as regulated by the MPSC, is the result of lower fuel and purchased & net interchange power costs expected for the remainder of the current year.
 The 2.6-percent rate decrease amounts to a reduction of 87 cents on the average residential customer's monthly electric bill for 500 kilowatt-hours. The typical commercial customer using 6,000 kilowatt- hours will receive a $10.44 per month decrease. A typical industrial electric customer using 400,000 kilowatt-hours will receive a decrease of $696 per month.
 "This electric rate reduction strengthens our competitive position as Michigan's lowest-cost major electricity supplier," said Royal P. Lefere Jr., Consumers Power's vice president of rates and regulatory affairs. Lefere attributed the reduction to lower annual power supply and fuel costs.
 The $69.4 million refund will amount to a one-time credit of $14.22 for the typical residential customer using 500 kilowatt-hours per month. The refund was ordered by the MPSC to reconcile Consumers Power's actual power supply costs in 1991 to its revenues for that year.
 Consumers Power's residential electric rates have consistently ranked in the lowest one-fifth in national surveys. Since 1988 the company's electric rates have increased by about 1 percent per year, well below the rate of inflation during the same period.
 Consumers Power serves electricity to more than 3.3 million people in a 27,800-square-mile service area encompassing 61 counties in Michigan.
 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- 5/27/93
 /CONTACT: Charles E. MacInnis, News and Information, Consumers Power, 517-788-0333/
 (CMS)


CO: Consumers Power Company ST: Michigan IN: UTI SU:

SB -- DE021 -- 2893 05/27/93 11:13 EDT
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Date:May 27, 1993
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