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Stock impact report

DTE Energy asks for another rate hike after receiving $217-million increase in January [CBS News]

DTE Energy Company (DTE) 
Last dte energy company earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.dteenergy.com
Company Research Source: CBS News
DTE Energy filed paperwork at the end of February to indicate its plans to request an increase to its electric rates in April. The Michigan Public Service Commission will consider the increase. It's a move that Karla Mitchell, who CBS News Detroit spoke with at a diner in Brighton on Wednesday, said comes after frequent previous hikes. "It's gone up a lot that I've seen in the last three years," she said. In a statement, DTE Energy said that they need the additional money to continue to improve reliability and their infrastructure system. Mitchell said increases to her electric bill are tough to budget for. "Unfortunately, we don't really have a choice. We can alter the groceries we buy," she said, noting that heating a home or a restaurant like Cheryl's Place, Read more
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