CMS Energy subsidiary to sell Appliance Service Plan unit to Oncourse

Consumers Energy, a subsidiary of CMS Energy, announced that it has executed a definitive agreement to sell its internal business unit, the Appliance Service Plan, or ASP, to Oncourse Home Solutions. The transaction is expected to close in the first half of 2024, subject to customary closing conditions. “This announcement to sell our Appliance Service Plan business will allow that team to grow their business in a meaningful way at Oncourse. At the same time, this strategic sale will allow Consumers Energy to remain hyper focused on our core business of providing electric and natural gas service to 6.7 million residents in Michigan,” said Brian Rich, senior vice president of customer experience and technology.