FORM 8-K
CURRENT REPORT
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 31, 2001
Commission Registrant; State of Incorporation; IRS Employer
File Number Address; and Telephone Number Identification No.
1-9513 CMS ENERGY CORPORATION 38-2726431
(A Michigan Corporation)
Fairlane Plaza South, Suite 1100
330 Town Center Drive
Dearborn, Michigan 48126
(313) 436-9261
1-5611 CONSUMERS ENERGY COMPANY 38-0442310
(A Michigan Corporation)
212 West Michigan Avenue
Jackson, Michigan
(517) 788-1030
ITEM 5. OTHER EVENTS
On June 20, 2001, the reactor at Palisades, a nuclear plant owned by Consumers Energy Company and operated by
Nuclear Management Company, was shut down so technicians could inspect a steam leak on a control rod drive
assembly. There was no risk to the public or workers. Consumers recently completed an expanded inspection that
included all similar control rod drive assemblies and has elected to completely replace the defective components
now, instead of partial repair now followed eventually by complete replacement during a future outage. The Company
has adopted this approach because it provides more certainty of schedule for return to service, greater regulatory
acceptability, and avoids future plant outage time and associated replacement power costs. Installation of the new
components is expected to be completed in December 2001, with the plant expected to return to service in January
2002. Consumers cannot make any assurances as to the date on which the new components will be installed or the
plant will return to service. Consumers estimates capital expenditures for the components and their installation to
be approximately $25 to $30 million.
From the start of the June 20 outage through the end of 2001, the impact on net income of replacement power and
maintenance costs associated with the outage is now estimated to be approximately $65 million, or $.50 per share of
CMS Energy Common Stock. An additional month of incremental replacement power and maintenance costs would impact
net income by approximately an additional $8 to $10 million, or $.06 to $.07 per share. However, replacement power
and maintenance costs in early 2002, if any, would be offset by the postponement of a previously scheduled refueling
outage in 2002, which is now not needed until 2003. Consumers expects to have sufficient power at all times to meet
its load requirements from its other plants or purchase arrangements.
This 8-K contains "forward-looking statements" that are subject to risks and uncertainties. They should be read in
conjunction with the "Forward-Looking Statement Cautionary Factors" in CMS Energy Corporation's and Consumers' Form
10-K, Item 1 (incorporated by reference herein) that discusses important factors that could cause CMS Energy's and
Consumers' results to differ materially from those anticipated in such statements.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to
be signed on their behalf by the undersigned hereunto duly authorized.
CMS ENERGY CORPORATION
Dated: August 31, 2001 By: /s/Alan M. Wright
Alan M. Wright
Executive Vice President, Chief Financial
Officer and Chief Administrative Officer
CONSUMERS ENERGY COMPANY
By: /s/Alan M. Wright
Dated: August 31, 2001 Alan M. Wright
Executive Vice President, Chief Financial
Officer and Chief Administrative Officer