Exhibit 99.1
The expenses to be incurred by CMS Energy Corporation relating to the offering of $1,000,000,000 principal amount of its 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057, under CMS Energy Corporation’s Registration Statement on Form S-3 (Registration No. 333-293382) and a related prospectus supplement filed with the Securities and Exchange Commission and dated October 29, 2026 are estimated to be as follows:
Estimated Fees
| SEC Registration Fee | $ | 87,000 | ||
| Services of Independent Registered Public Accounting Firms | 55,000 | |||
| Trustee Fees and Expenses | 12,650 | |||
| Legal Fees and Expenses | 75,000 | |||
| Rating Agency Fees | 1,550,350 | |||
| Printing and Delivery Expenses | 10,000 | |||
| Miscellaneous Expenses | 10,000 | |||
| Total | $ | 1,800,000 |