Consumers Energy’s $1 Sale of Michigan Dams Masks Hidden Risks to Taxpayers and Safety

Consumers Energy’s plan to sell 13 aging Michigan hydroelectric dams for just one dollar apiece is being pitched as a cost-saving move for customers. Yet, beneath the surface lies a troubling pattern familiar to those who understand the consequences of privatizing critical infrastructure without proper oversight. Is Selling Public Assets for Pennies Truly in America’s Interest? For decades, Consumers Energy has struggled with these dams, which generate only about 1% of its electricity while operating at an annual loss exceeding $150 million. Now, instead of investing taxpayer money to ensure these vital waterworks remain safe and functional, the utility is...