Category: DTE Energy
After its $2.65 billion gas asset acquisition, DTE Energy tells Wall Street there is nothing to worry about as Fitch downgrades the company
With an already troubled gas sector roiled by fallout from the coronavirus pandemic, DTE Energy is facing concerns from shareholders over the company’s growing exposure to natural gas. DTE Midstream,...
As DTE and Consumers Energy Appear to Ignore Industry Suspension Pledge, Michigan PSC Opens Coronavirus Docket and Orders Utilities To Report Current Disconnect Data
Latest available data shows customers possibly without service
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Download full report DTE Energy DTE Energy is a utility holding company with natural gas, electric, and pipeline business segments. The company serves 2.2 million electric customers and 1.3 million...
DTE Energy sets net-zero emissions goal by 2050 for electric subsidiary, but gas investments raise doubts about seriousness
“If you don’t have a good pathway to get there you either fail at the goal or do stupid things along the way,” a DTE executive said about utilities' net-zero...
DTE executive tells lawmakers battery storage is not suitable for Michigan as advocates slam its resource plan
Updated on September 10 with a response from DTE Energy DTE Energy has been sharply criticized in recent weeks over its integrated resource plan filing, in which the company proposed...
Michigan PSC rebuffs ALJ recommendation, allows DTE Energy to force customers to pay EEI dues
When the Michigan Public Service Commission approved a $273.3 million rate increase for DTE Electric earlier this month, renewable energy and environmental advocates were moderately satisfied. The PSC approved an...
DTE Energy aims to continue its gas buildout as it proposes to leave coal by 2040
DTE Energy announced a plan to retire its coal-fired power plants by 2040 on Friday, but the utility is preserving the option to build more gas-burning power plants while the...
Utility Front Group ‘Michigan Energy Promise’ Emerges to Rally DTE Energy Foundation Recipients to Target Solar Industry
Michigan Energy Promise, a new front group with strong ties to the Michigan monopoly utility, DTE Energy, recently began backing the utility’s arguments against rooftop solar power. The group’s appearance...
Bill Wehrum: A top Trump official at EPA delivers for former utility industry clients
Update for September 18, 2018: As first reported today by E&E News, EPA’s Bill Wehrum has filed a recusal letter that names former clients, including the Utility Air Regulatory Group, Dominion Energy...
Gas Continues to Drive Profits for DTE Energy as Utility Breaks Ground for New Power Plant and NEXUS Pipeline Nears Completion
Coming off of a record earnings year in which DTE Energy reported $1.134 billion in net income, the company revised its earnings guidance for analysts last month and now expects...