Published: Tuesday, January 12, 2021 Coal power plant in Michigan. Photo credit: Consumers Energy/Flickr Michigan utility company Consumers Energy plans to shutter the last two units of its coal-burning D.E. Karn generating station in 2023. The power plant, pictured here in 2010, is located on the shore of Saginaw Bay in Hampton Township. Consumers Energy/Flickr Michigan utility Consumers Energy will take another step toward meeting its carbon-reduction goals in the spring of 2023 when it pulls the plug on the last two units at the coal-burning D.E. Karn generating station on the shore of Saginaw Bay. But shutting down the 544-megawatt plant doesn't eliminate almost $700 million in unrecovered investments in Karn — costs that will fall to the utility's 1.8 million customers even after the plant is no longer generating electricity.