DETROIT, MI – August 30, 2022 – Comcast today announced that it has entered into agreements with Consumers Energy and DTE Energy to purchase renewable wind and solar electricity for Comcast Cable’s Michigan operations. Together, the agreements will allow Comcast to power half of its Michigan operations with carbon-free energy.
Comcast’s participation in both programs will be supported by new, Michigan-made renewable energy projects. The projects represent a combined annual volume of approximately 52,000 megawatt-hours
(MWh) – equivalent to one year’s worth of electricity use for more than 7,000 homes.
“Here in Michigan and across the country we are bringing more renewable energy solutions online to support a healthier environment in all of the communities we serve,” said Kristee Cominiello, Senior Vice President of Comcast’s Heartland Region, which includes Michigan. “This agreement will allow us to support Michigan’s clean energy economy while advancing toward Comcast’s goal of being carbon neutral by 2035.”
Consumers Energy will supply Comcast with approximately 30,000 MWh of renewable electricity annually for 10 years through its Large Customer Renewable Energy Program, covering a majority of Comcast Cable’s operations in central and western Michigan.
“We’re excited to help Comcast in the mission they share with us to protect the planet,” said Brian Rich, Consumers Energy’s senior vice president and chief customer officer. “Commitments like this make a meaningful impact in decreasing carbon emissions and speeding up the development of new clean energy here in Michigan.”
DTE Energy will supply Comcast with approximately 22,000 MWh of renewable electricity annually for 10 years through its MIGreenPower program, covering the majority of Comcast Cable’s operations in and around Detroit.
“As Michigan’s largest producer of and investor in renewable energy, we are proud to work with Comcast on our shared goal of reducing greenhouse gas emissions through clean, renewable energy,” said Brian Calka, vice president of renewable sales and project development for DTE Energy. “This agreement will allow us to bring new Michigan-based wind and solar resources online that will support the broader clean energy transition.”
Comcast has set a goal to be carbon neutral by 2035 for Scope 1 and 2 emissions, or the direct and indirect emissions it owns and controls, across its global operations. In addition to several renewable energy agreements currently in place, Comcast will continue to invest in clean energy solutions through new on- and offsite renewable projects to decrease its carbon footprint. For more information on Comcast’s environmental efforts, visit the environment page at Comcast.com.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.
Forward-Looking Statements
This press release includes estimates, projections and statements regarding plans and goals that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “potential,” “strategy,” “future,” “opportunity,” “commit,” “plan,” “goal,” “may,” “should,” “could,” “would,” “will,” “continue,” “will likely result” and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially. In evaluating these statements, you should consider various factors, including the risks and uncertainties we describe in the “Risk Factors” sections of our Forms 10-K and 10-Q and other reports we file with the Securities and Exchange Commission (“SEC”). There are also certain risks and challenges we may face in meeting our environmental goals that are beyond our control, including political, economic, regulatory and geopolitical conditions, the evolution of carbon offset markets, and limited large-scale investments and innovations in technology and infrastructure. The inclusion of forward-looking statements that may address our corporate responsibility initiatives, progress, plans and goals in this press release is not an indication that they are necessarily material to investors or required to be disclosed in our filings with the SEC. Such statements may contain estimates, make assumptions based on developing standards that may change and provide aspirations and commitments that are not intended to be promises or guarantees. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise. # # #
Press contacts: chandler_clay@comcast.com
