DTE Energy Shares Fall After BMO Cuts Price Target DTE Energy shares fell after BMO cut its price target to $160 on Mar 26, 2026 and trimmed 2026 EPS by ~5%, shifting valuation and regulatory focus.

DTE Energy Shares Fall After BMO Cuts Price Target: DTE Energy shares fell after BMO cut its price target to $160 on Mar 26, 2026 and trimmed 2026 EPS by ~5%, shifting valuation and regulatory focus. 👈 Read full analysis #DTEEnergy #BMOCuts #StockMarket #InvestmentNews #EnergySector

#DTEENERGY WORKS ON THE CORPORATE GREED PRINCIPLE

Documents offer clue about who's behind Van Buren Township data center — The Detroit News A real estate developer defends confidentiality agreements in data center deals after Detroit News finds out name of firm tied to Van Buren deal.

#Michigan is wholly corrupt.

There is a lot in this article but a key piece is that the state regulators of the utility company #DTEenergy cannot view contracts they have with data centers that affects likely rate hikes.

Why r there secrets from the regulators?

Ann Arbor for Public Power wasn't deterred when the A2 City Council rejected their study request to cut ties with DTE Energy. They're now collecting signatures for a ballot petition drive.

ecurrent.com/feature/ann-...

Image credit: Ann Arbor for Public Power

#annarbor #dteenergy #ballotdrive #a2

“ #dteEnergy officially proving.. committed only to shareholders .. CEO tells shareholders not to worry cause the 47 is making it easier to build #GlobalWarming #MethaneGeneratord and delay the shut down of polluting #CoalPlants. planetdetroit.org/2025/05/dte-...

DTE rate hike request would increase residential bills 11% Residential DTE Energy Co. customers would see their rates increase 11.1% under a request filed with state regulators this week from the Detroit-based utility. DTE is seeking a $574 million rate increase effective Feb. 24, 2026. That overall would be a 9.8% hike when including commercial and industrial customers. The increase, according to the request, is needed to recover costs to improve grid reliability, switch to cleaner energy sources and maintain grid reliability during that transition. But some consumer advocates say the increase is too much. "DTE Energy is making progress on building the electric grid of the future — when we invest, it works," spokesperson Ryan Lowry said in a statement. "Today’s investment request filed with the Michigan Public Service Commission (MPSC) further supports our ongoing work to improve electric reliability and system resiliency in the face of extreme weather and to generate cleaner energy — all while keeping customer bills as low as possible and below the national average." A residential customer using 500 kilowatt hours per month would see their bills rise by $11.04 to $115.83 from $104.80, according to DTE. In February, the average residential retail price for electricity was 16.44 cents per kilowatt hour, according to the U.S. Energy Information Administration, which is $82.20 for 500 kilowatt hours. DTE's request includes a 10.8% increase for commercial customers including small businesses and schools, and 5.4% hike for industrial customers like manufacturing plants. The increase is expected to grant DTE shareholders a return on equity of 10.25%. The request is one of the largest from DTE in recent decades. In 2023, it sught a $622 million increase. The MPSC approved a rate hike more than 40% lower than that. In February, an increase of $217.4 million went into effect for DTE customers after the three-member MPSC in January approved a rate increase that was 52% below the utility's original ask. Utilities can request for an increase every year, and DTE has done so for the past four years after a two-year hiatus during the pandemic. Rate cases are a 10-month process during which the public can comment. “Just three months after the MPSC approved a $217 million rate hike," Michigan Attorney General Dana Nessel said Friday in a statement, "DTE is already back, asking for nearly $600 million more from ratepayers still very dissatisfied with the quality of service they receive. At some point, we have to ask how long utility companies like DTE and Consumers Energy will be allowed to treat customer bills and our energy rates like a blank check." A third-party audit released in September found that DTE and CMS Corp.'s Consumers Energy, Michigan's two largest utilities, had "worse than average" interruptions and restoration delays, compared to other utilities. A majority of the investments in DTE's latest request would address the recommendations from that audit, Lowry said. DTE officials in the request said the increase would go toward updated equipment, safety improvements and other methods to ensure electricity continues to flow to customers' homes and businesses. It also would support converting Belle River Power Plant from coal power to natural gas and building the Trenton Channel Energy Center, which will be the largest battery storage facility in the Great Lakes region when completed, according to DTE. It also is decommissioning power generation equipment at the former River Rouge, St. Clair and Trenton Channel coal-fired plants. DTE reported a nearly 70% improvement in customer time spent without power in 2024 compared to 2023. The company last year invested $1.5 billion into the grid to achieve that, but there also was less extreme weather last year, Lowry said. Amy Bandyk, executive director of the Citizens Utility Board of Michigan, called the request "absurd." She noted a report from consulting firm 5 Lakes Energy commissioned by CUB showed residential customers over the past decade have seen their rates rise by 51%, while industrial customers' dropped 16%. "DTE is seeking an 11.1% increase in residential rates — a rate hike that would financially burden customers who are already struggling with paying among the highest electricity rates of any utility in the country," Bandyk said in a statement. "DTE has projected a 3.1% inflation rate for 2026, meaning its proposed rate increase is 3.58 times inflation." bnoble@detroitnews.com @BreanaCNoble This article originally appeared on The Detroit News: DTE rate hike request would increase residential bills 11%

DTE rate hike request would increase residential bills 11% #DTEEnergy #RateHike #ElectricityCosts

DTE Energy prepares workers ahead of Wednesday night storm that could bring 60 mph wind DTE Energy is preparing for storms that could bring winds of up to 60 miles per hour to Metro Detroit on Wednesday night by readying a couple thousand of its line workers and recruiting workers from other states to address possible outages. Brian Calka, vice president of distribution operations for DTE Energy, said a number of weather fronts will move across the state Wednesday evening and overnight that will "generate a lot of wind." "And the potential is there for a pretty serious wind event and a lot of customer outages," he said. Calka expected tens of thousands of customers to experience outages. He said DTE Energy has a couple thousand of line workers that are "ready to go," and another 650 line workers are coming from out of state to help out. He said the company recognizes the hardships that outages create for its customers. "It's really important for people to understand that we are committed to working as long as it takes to safely and … quickly get the power back on for our customers," he said. The wind will come after rain fell throughout the day Wednesday. The National Weather Service's Detroit office posted on X Wednesday morning that 1.5 to 2 inches of rainfall was expected to fall as several rounds of heavy showers and thunderstorms moved through the area. A flood watch is in effect for parts of southeast Michigan Wednesday evening through the night. asnabes@detroitnews.com This article originally appeared on The Detroit News: DTE Energy prepares workers ahead of Wednesday night storm that could bring 60 mph wind

DTE Energy prepares workers ahead of Wednesday night storm that could bring 60 mph wind #DTEEnergy #StormPreparedness #WindStorm

Michigan Energy Storage Projects to Support Renewable Growth - Cozzy Energy Solutions Michigan Energy Storage Projects to Support Renewable Growth DTE Energy has launched a request for proposal (RFP) for standalone energy storage projects with a capacity of approximately 450 MW. These ambitious initiatives will play a pivotal role in DTE Electric's CleanVision Integrated Resource Plan and Michigan's aim to achieve 60% renewable energy by 2030. With the goal of completing these projects by December 31, 2028, DTE Energy is poised to make a significant impact on the state's energy landscape. The energy storage projects will be strategically located in Michigan, connected to either the Midcontinent Independent System Operator (MISO) or distribution-level transmission. This regional focus underscores DTE Energy's commitment to supporting local renewable energy growth and contributing to the state's overall sustainability goals. Potential bidders have a limited window of opportunity to submit their bids by June 27, 2025. Following this submission period, DTE Energy anticipates finalizing contracts with successful proposers by early 2026. By investing in these energy storage projects, DTE Energy can further diversify its portfolio and bolster its carbon reduction initiatives. DTE Energy's decision to pursue this energy storage initiative reflects the company's dedication to advancing clean energy solutions. With a presence in Michigan that encompasses both electric and natural gas operations, DTE Energy is well-positioned to support the state's renewable energy ambitions. As part of its CleanVision Integrated Resource Plan, these energy storage projects will play a vital role in shaping Michigan's energy future.

Michigan Energy Storage Projects to Support Renewable Growth #MISO #MichiganEnergyStorage #DTEEnergy #RenewableEnergy #CarbonReduction #Sustainability

DTE Energy Seeks Large-Scale Energy Storage Project in Michigan - Cozzy Energy Solutions DTE Energy Seeks Large-Scale Energy Storage Project in Michigan As DTE Energy continues its efforts to transition away from coal power, the company is now seeking proposals for a massive 450 MW of energy storage projects in Michigan. This initiative marks an important step towards addressing the growing demand for renewable energy and reducing carbon emissions. The proposed project involves the deployment of a standalone battery installation at DTE's retired Trenton Channel coal-fired power plant. This 220-MW/880-MWh battery system would be the largest of its kind in the Great Lakes region, setting a significant precedent for energy storage infrastructure development. DTE Energy has been actively working towards increasing its renewable energy capacity and reducing its reliance on coal power. The company recently agreed to accelerate its phaseout of coal power from 2035 to 2032 and plans to add an additional 400 MW of renewable generating capacity by 2030, as part of a settlement with Michigan regulators. In related news, experts have highlighted the underutilization of energy storage as a transmission asset. Meanwhile, microgrids are being considered as a low-cost way to ensure backup power for communities and businesses. The Southwest Power Pool has also issued warnings that it could require $263 billion in generation investments by 2050. DTE Energy's rival, Consumers Energy, is also ramping up its energy storage efforts. Under a settlement with the MPSC, Consumers Energy aims to deploy 75 MW of energy storage resources by 2027 and 550 MW by 2040. These projects reflect the growing importance of energy storage in meeting the increasing demand for renewable energy. As Michigan continues to navigate the transition towards a cleaner energy mix, these large-scale energy storage projects will play a critical role in reducing carbon emissions and promoting sustainable energy development.

DTE Energy Seeks Large-Scale Energy Storage Project in Michigan #MISO #RenewableEnergy #CarbonEmissions #MichiganNews #EnergyStorage #DTEenergy

DTE Energy Seeks Funding for New Energy Storage Projects - Cozzy Energy Solutions DTE Energy Seeks Funding for New Energy Storage Projects The Michigan-based utility company DTE Energy is launching a call for proposals for new standalone energy storage projects in the state. The proposed projects are expected to total approximately 450 megawatts and have a deadline for submission of June 27. To be eligible, the proposed projects must meet certain criteria. Firstly, they must be interconnected with the Midcontinent Independent System Operator (MISO) or distribution-level transmission system located in Michigan. Furthermore, these projects should aim to reach commercial operation by the end of 2028. This initiative supports DTE's ambitious goal of deploying nearly three gigawatts of energy storage by the year 2042. In line with this vision, the company aims to deploy 240 megawatts of new energy storage projects by 2027 and another 520 megawatts from 2028 to 2032. The call for proposals will provide DTE Energy with an opportunity to secure funding for its planned energy storage projects and bring the state closer to meeting its renewable energy goals. By investing in clean energy solutions, DTE Energy aims to create a more sustainable future for Michigan's residents.

DTE Energy Seeks Funding for New Energy Storage Projects #MISO #EnergyStorage #RenewableEnergy #Michigan #DTEenergy #Sustainability

Whitmer floats $25M for DTE, Detroit to remove old streetlight wiring Lansing — Eight years after a 12-year-old girl was killed by an obsolete power line in Detroit, the state of Michigan is proposing a $25 million investment that will pay DTE Energy to speed up replacement of the old streetlight cables. The grant money…

Lansing — Eight years after a 12-year-old girl was killed by an obsolete power line in Detroit, the state of Michigan is proposing a $25 million investment that will pay DTE Energy to speed up replacement of the old streetlight cables.


The grant money… #DTEEnergy #GretchenWhitmer #Detroit

Lottery winners of eagles tour #DTEEnergy does once a year was a visual & educational for them. An experience that has been going on at the plant since 2008.
📸’s by @ericseals.bsky.social of Detroit Free Press.
tinyurl.com/DTEEagles

It was fun 📸’ing the DTE Energy eagle tour.
The saying “money doesn’t grow on trees” is true but don’t tell that to recently lottery winners they saw 80 to 150 eagles at #DTEEnergy power plant in Monroe.
Story tinyurl.com/DTEEagles
@USFWS
📸’s by @ericseals.bsky.social of @freep.com

DTE Energy-linked nonprofit quietly gave $100,000 to House speaker fund amid outage anger Lansing — A nonprofit organization led by DTE Energy executives gave $100,000 to an account linked to Michigan House Speaker Joe Tate in 2023 as a push by lawmakers to combat widespread power outages mounted and then fizzled in the state Legislature.…

Lansing — A nonprofit organization led by DTE Energy executives gave $100,000 to an account linked to Michigan House Speaker Joe Tate in 2023 as a push by lawmakers to combat widespread power outages mounted and then fizzled in the state Legislature.… #DTEEnergy #MichiganPolitics #PowerOutages

Honored to receive the 2024 Real McCoy Award in Technology from DTE Energy! A milestone marking years of innovation. Thanks to everyone on this journey. Congrats to all fellow recipients!

thegodfatheroftech.com/professor-ti...

#RealMcCoyAward #DTEEnergy #TheGodfatherofTech #TimBates