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
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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,
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DTE
News
- DTE Energy (NYSE: DTE) had its price target raised by analysts at Guggenheim from $139.00 to $147.00. They now have a "buy" rating on the stock.MarketBeat
- DTE Energy (NYSE: DTE) had its price target raised by analysts at Morgan Stanley from $131.00 to $136.00. They now have an "overweight" rating on the stock.MarketBeat
- High winds cause power outages, utility pole damage in Southeast Michigan [CBS News]CBS News
- DTE Energy (NYSE:DTE) Faces Shareholder Proposals By John Chevedden Targeting Meeting Improvements [Yahoo! Finance]Yahoo! Finance
- DTE Energy Foundation offers $150,000 in grants to nonprofits through Community Empowerment Awards programGlobeNewswire
DTE
Earnings
- 2/13/25 - Beat
DTE
Sec Filings
- 3/13/25 - Form DEFA14A
- 3/13/25 - Form DEF
- 3/4/25 - Form 8-K
- DTE's page on the SEC website