PRICING SUPPLEMENT NO. 40 DATED Filed Pursuant to MARCH 1, 2001 TO PROSPECTUS DATED Rule 424(b)(5) NOVEMBER 9, 2000, AS AMENDED BY PROSPECTUS File No. 333-47464 SUPPLEMENT DATED DECEMBER 15, 2000 CMS ENERGY CORPORATION General Term Notes (servicemark of J.W. Korth & Company), Series F Due 9 Months to 25 Years from date of issue Except as set forth herein, the Notes offered hereby have such terms as are described in the accompanying Prospectus dated November 9, 2000, as amended by the Additional Agent Prospectus Supplements dated December 15, 2000. Aggregate Principal Amount: $1,505,000.00 Original Issue Date (Settlement Date): March 6, 2001 Stated Maturity Date: February 15, 2006 Issue Price to Public: 100.00% of Principal Amount Interest Rate: 8.000% Per Annum Interest Payment Dates: February 15 and August 15 and Semi-Annually Thereafter Commencing August 15, 2001 Survivor's Option: [ X ] Yes [ ] No Optional Redemption: [ X ] Yes [ ] No Initial Redemption Date: February 15, 2003 Redemption Price: 100% Principal Amount of Notes Agent Solicited by Each Agent First of Michigan Corporation $ 35,000.00 Prudential Securities Incorporated $ 220,000.00 J.J.B. Hilliard, W.L. Lyons, Inc $ 1,012,000.00 Raymond James & Associates, Inc $ 45,000.00 J.W. Korth & Company $ 193,000.00 Total $ 1,505,000.00 Per Note Sold by Agents To Public Total Issue Price: $ 1,000.00 $ 1,505,000.00 Agent's Discount or Commission: $ 6.00 $ 9,030.00 Maximum Dealer's Discount or Selling Concession: $ 12.50 $ 18,812.50 Proceeds to the Company: $ 981.50 $ 1,477,157.50 CUSIP Number: 12589SAS1