DTE Energy to Invest $100M to Enhance Electric Grid Reliability [Yahoo! Finance]
DTE Energy Company (DTE)
Last dte energy company earnings: 4/28 07:00 am
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US:NYSE Investor Relations:
ir.dteenergy.com
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Source: Yahoo! Finance
This is part of the company's broader grid investment strategy involves reducing its power outages by 30% and lowering restoration time by 50% by 2029. Smart grid technology will be incorporated in all the new substations, allowing DTE Energy to monitor the grid from its headquarters, and facilitating to reduce the frequency and length of outages. This should strengthen the state of Michigan's power grid infrastructure amid the rising electricity demand from the state's consumers. The existing electrical grid and infrastructure are aging, requiring ongoing investment to upgrade and replace outdated equipment. Regular improvements are essential to prevent power outages, reduce service interruptions and enhance grid reliability. Modernizing the grid also reduces safety risks and supports the growing electricity transmission, with the increasing addition of renewable energy and electric vehicle chargers. These upgrades ensure that utilities can deliver a consistent, safe and reliable
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DTE
News
- 3 Top Dividend Stocks to Maximize Your Retirement Income [Yahoo! Finance]Yahoo! Finance
- DTE Energy (NYSE: DTE) had its price target raised by analysts at Scotiabank from $137.00 to $147.00. They now have a "sector outperform" rating on the stock.MarketBeat
- How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks [Yahoo! Finance]Yahoo! Finance
- DTE Energy brings comfort and home to Detroit families with $63 million in Energy Efficiency Assistance programsGlobeNewswire
- DTE Energy (NYSE:DTE) Is Increasing Its Dividend To $1.09 [Yahoo! Finance]Yahoo! Finance
DTE
Earnings
- 10/24/24 - Beat
DTE
Sec Filings
- 10/31/24 - Form 8-K
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- DTE's page on the SEC website