DTE Energy

DTE Energy

Distributes electricity and natural gas

Overview

DTE Energy supplies electricity and natural gas to millions of residential and business customers in Michigan, primarily through regulated utility operations that generate and distribute energy. It also engages in non-utility activities such as energy marketing and trading. Customers can manage services through an online portal to pay bills, monitor usage, and enroll in energy-saving programs. The company differentiates itself by its large Michigan customer base, combination of regulated utility services and market activities, and a focus on personalized energy-saving recommendations and service management (start/stop/move). Its goal is to provide reliable energy delivery to customers while offering tools to reduce consumption and costs, supported by both its traditional utility business and its broader energy services activities.

About DTE Energy

Simplify's Rating
Why DTE Energy is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Energy

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Detroit, Michigan

Founded

2009

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What believers are saying

  • May 27, 2026, DTE committed $1.6 billion to LG battery storage across eight projects.
  • July 28, 2026 earnings beat expectations, with $1.32 EPS and 2026 guidance intact.
  • September 24, 2026 plan accelerates Monroe coal retirements, supporting Michigan compliance.

What critics are saying

  • July 16, 2026 MPSC opened storm-response investigation after 492,000 DTE outages.
  • February 17, 2026 federal court ordered DTE and subsidiaries to pay $100 million.
  • Public-power fights in Ann Arbor and rising rate scrutiny threaten DTE’s political license.

What makes DTE Energy unique

  • DTE owns Michigan’s regulated electric and gas monopoly, anchoring recurring cash flows.
  • September 24, 2026 IRP pairs 15 GW renewables with 2.2 GW gas and nuclear.
  • Oracle and Google data-center contracts position DTE for unusually large load growth.

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Funding

Total Funding

$3.2B

Above

Industry Average

Funded Over

4 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 1%
The Detroit News
Sep 24th, 2026
DTE seeks two new natural gas plants, more nuclear in energy plan.

DTE seeks two new natural gas plants, more nuclear in energy plan. The Detroit News Updated Sept. 24, 2026, 1:38 p.m. ET DTE Energy Co. plans to build two natural gas plants, upgrade its Fermi 2 nuclear plant, and expand renewable energy over the next two decades in order to meet a large increase in electricity demand, according to a long-term plan it will submit Sept. 24 to the Michigan Public Service Commission. The Detroit-based utility company expects to roughly double its energy supply over the next 20 years. It pointed to economic development, increasing use of electricity-powered appliances and vehicles and adoption of home solar and other distributed generation sources as reasons for shifts in customer demands. The company did not mention data centers, the power-hungry and widely unpopular engines of the artificial intelligence industry that are being developed throughout Michigan. Leaders of both DTE and Consumers Energy have told shareholders they are working with tech companies to develop deals to power the facilities. In its last request for a rate increase, DTE executives said they would pause future rate hikes if Oracle and OpenAI's Saline Township data center opens as planned. Every five years, regulated utilities are required to submit their plans for meeting expected energy demands over the next 20 years to the Michigan Public Service Commission. The filings are called integrated resource plans. Consumers Energy filed its integrated resource plan early this month. The company also intends to build two additional natural gas plants at former industrial sites in Bay and Genesee counties and expand its renewable energy portfolio. Advocacy groups and the Michigan Attorney General typically intervene in the cases and can then negotiate the terms of the plans. The public also can submit comments on the plan. The Environmental Law & Policy Center, a Chicago-based nonprofit law firm that represents environmental groups in other energy cases before the MPSC, plans to intervene in DTE's long-term planning case. "It is immediately apparent that DTE failed to comprehensively incorporate virtual power plants and other flexible resources into its plans," said Daniel Abrams, senior associate attorney for the Environmental Law & Policy Center. "Our focus in this case will be on modeling and demonstrating that there are more cost-effective solutions out there for customers than new natural gas." DTE's long-term energy plan was developed based in part on customer feedback, CEO Joi Harris said in a Sept. 24 statement. The company hosted 15 engagement sessions and surveyed more than 1,500 household and business customers. "We listened closely to our customers throughout this process, and this plan reflects what they told us matters most to them: reliable power, affordable bills and a practical path to a cleaner energy future," she said. "It balances those priorities while ensuring Michigan has the energy it needs to continue growing for decades to come." How DTE plans to change its energy mix. DTE and other utilities are required to cut their carbon emissions under Michigan's clean energy laws adopted in 2023. They must use 80% clean energy by 2035 and 100% by 2040. DTE's future energy mix will rely more heavily on renewable power, such as solar and wind, the company said. It plans to expand its use of renewables, energy efficiency tactics and carbon capture and storage to meet the standards set by state law. Central to its plans to decarbonize its power supply is DTE's promise to stop using coal by 2032. It will start closing the coal-fired Monroe Power Plant in 2028 and finish in 2032, the company said Thursday. The Monroe plant can generate about 3 gigawatts of power. That means DTE needs to replace the power it gets from coal while also expanding its production to meet a huge growth in its expected demand. To do it, DTE plans to add 15 gigawatts of renewable energy capacity and battery systems that can store another 4.5 gigawatts of power. It also plans to build two new natural gas plants that will generate 2.1 gigawatts. It will also upgrade Fermi 2 in 2036 to expand the plant's production by 177 megawatts. Although it relies on uranium, which is mined from the earth, nuclear power does not release carbon dioxide. That sets it apart from fossil fuel sources like gas and coal. Other plans to help reduce customers' energy use will help DTE manage demand, the company said. Next year, just 23% of DTE's power will come from renewables. Another 33% will come from natural gas, 18% from coal, 14% from energy storage and 5% from sources like demand response, energy efficiency, third-party contracts and hydrogen-fired turbines. It expects to have 16 gigawatts of capacity. By 2046, DTE expects just over half of its power to come from renewables. Another 18% would come from energy storage systems, 19% from natural gas, 4% from nuclear power and 6% from other sources. The utility company expects to have 33 gigawatts of capacity.

MarketScreener
Sep 4th, 2026
DTE Energy Company announces retirement of David A. Thomas from Director role, effective September 3, 2026.

DTE Energy Company announces retirement of David A. Thomas from Director role, effective September 3, 2026. Published on 09/04/2026 at 05:03 pm EDT S&P Capital IQ On September 1, 2026, David A. Thomas, Director of DTE Energy Company, announced his intent to retire from the Board of Directors effective as of September 3, 2026. Dr. Thomas's decision to retire after 13 years of service is not a result of any disagreement with management or the Board. (C) S&P Capital IQ - SEC Form 8k - 2026

ECIKS.org
Sep 3rd, 2026
DTE outages affect 7,236 customers across Michigan.

DTE outages affect 7,236 customers across Michigan. Published on 2 September 2026 at 8:35 pm - Written by Chris Martin - Reading duration: 2 minutes DTE Energy customers across Michigan are experiencing power outages, with the utility's outage map showing active service disruptions affecting thousands of customers. The outage comes as DTE continues to address reliability concerns that intensified following a major storm event earlier this summer. In early July 2026, a fast-moving severe storm swept across Southeast Michigan, cutting power to nearly 450,000 DTE Energy customers during the July Fourth holiday weekend. The scale of that outage prompted state regulators to launch a formal investigation into DTE's storm response and preparedness. On July 16, 2026, the Michigan Public Service Commission (MPSC) directed DTE Energy, Consumers Energy, and Indiana Michigan Power to file comprehensive reports detailing their responses to the July 3 storms. The utilities were required to submit these reports by August 27, 2026, according to the MPSC announcement. DTE's response to the investigation revealed that the company restored 100 percent of customers within 48 hours in three separate 2026 storms that affected between 57,000 and 80,000 customers. However, the July storm proved far more severe than the utility's initial forecasts anticipated. Consumers Energy said its worst-case forecast for the July 3 event called for 600 outages affecting 33,000 customers, according to reports filed with the MPSC. The actual impact exceeded expectations by more than tenfold, highlighting how rapidly developing storms can overwhelm utility preparedness models. Michigan's power grid has faced persistent reliability challenges. According to a 2025 report, it took an average of about 12 hours to restore power following an outage in Michigan in 2023, over twice as long as in any neighboring state. Fallen trees or branches are responsible for roughly 40 percent of outages in the state, making weather events a consistent threat to service continuity. DTE customers can check outage status and report power outages through the company's Outage Center at outage.dteenergy.com or by calling 800-477-4747. The utility maintains an interactive outage map that displays real-time information about service disruptions and estimated restoration times. Sources. * Michigan Public Service Commission - announced investigation into utility response to July 3, 2026 storms; directed DTE, Consumers Energy, and Indiana Michigan Power to file comprehensive reports by August 27, 2026. * MLive / DTE Energy - reported that DTE restored 100% of customers within 48 hours in three separate 2026 storms affecting between 57,000 and 80,000 customers. * Detroit News - reported Consumers Energy's worst-case forecast for July 3 storm called for 600 outages affecting 33,000 customers. * Citizens Utility Board of Michigan - reported that in Michigan it took about 12 hours to restore power following an outage in 2023, over twice as long as any neighboring state. * Poweringmiforward.org - reported that fallen trees or branches are responsible for roughly 40% of outages in Michigan. Give your feedback. Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to some of the most complex issues shaping the American economy today. At ECIKS.org, Chris covers breaking developments across domestic economic policy, business strategy, Wall Street movements, and political decisions that ripple through financial markets. His reporting blends rigorous data analysis with accessible storytelling making critical information useful for investors, entrepreneurs, and engaged citizens alike. ECIKS.org is an independent media. Support ECIKS by adding ECIKS to your Google News favorites:

Who's Who in Black
Aug 28th, 2026
Black business, government leaders honored at Michigan Chronicle 40 under 40: Young Gifted & Black.

Black business, government leaders honored at Michigan Chronicle 40 under 40: Young Gifted & Black. Black business and government leaders across Metro Detroit were honored on Thursday, Aug. 28 during the Michigan Chronicle's 2026 Young Gifted & Black celebration. The annual event honors a generation of leaders shaping the future of Southeast Michigan. Real Times Media President Cathy Nedd and WDIV host Jay Scott Smith served as the hosts Thursday evening at the Harmony Club in Paradise Valley downtown Detroit. The area has returned as a hotspot of Black business. The event celebrated the honorees achievements and inducted the group into a network of alumni. Special recognitions included Evette Hollis, the vice president and chief customer officer at DTE received the "corporate excellence" award. She's the youngest executive to be named a corporate officer at DTE Energy, steering the company's community facing initiatives, including employee volunteerism, community transformation efforts and philanthropic investments through the DTE Energy Foundation. David Bowser, Detroit Mayor Mary Sheffield's chief of staff, received the "community impact" award. "For me, it's never been about a title," Bowser said. "It's never been about a position because those things are finite, those things are limited. But when you know your why, when you know what impact that you want to have on a community the possibilities become absolutely endless." Bowser's background in public health has helped shaped his work for the city focusing on building partnerships, improving program efficiency and developing equitable policies. State Rep. Donavan McKinney, D-Detroit, took home the "trailblazer" award. "Each and every one of us are called to do something great," McKinney said. "The question is, are we ready to tap into what God has put for us? Because sometimes our own worst enemy is ourselves. And every day I wake up, you're going to get some issues. You're going to go through trails and tribulations. We all do. You're going to second guess yourself along the way. I have to literally have you understand this: God Almighty is in control." McKinney, a product of Detroit's eastside, recalled growing up poor, when his mother would tell him to count his blessings. "There's somebody who isn't able-bodied, who doesn't have their health, or a roof over their head, a car to drive, or food on the table, clothes on their back," McKinney said. McKinney will be the first Black Congressperson from Detroit since U.S. Rep. Shri Thanedar ended the city's 70-year stretch of Black representation in 2022. He was able to unite progressive and moderate factions within the Democratic Party in his successful primary campaign. "I hope tonight is not the culmination of what we have achieved. I hope it's the beginning of what we can build together," said Jaren Brown, assistant VP, marketing & communications at SMART. Brown was selected as the president of the 2026 class. Honorees said they were glad to be recognized, but more important was the work. Honorees ranged from executives, staffers and lawmakers representing the next generation of Black professional leaders. "I think sometimes you can do what you do for accolades, the accolades are good, but when you do it from your heart and you feel like it's a purpose of yours, having that reward or award is just an extra boost to get you to keep doing what you're doing," said Rhonda Evans, the marketing director at nonprofit Life Remodeled. The nonprofit is behind Durfee Innovation Center and is currently working to bring life to the former Dominican High School on Whittier Avenue. The organization is behind community-driven neighborhood redevelopment projects.

Energy Stock Channel
Aug 19th, 2026
DTE Energy Stock ranked among top utility dividend picks with a 3.32% yield.

DTE Energy Stock ranked among top utility dividend picks with a 3.32% yield. By Joel Kornblau, Editor, Energy Stock Channel, Wednesday, August 19, 2026, 10:20 AM ET DTE Energy Co (NYSE: DTE) has been identified by Dividend Channel as one of its top 10 utility dividend stocks, highlighting the company's combination of dividend yield, profitability, and valuation. The designation centers on DTE's standing within the utility sector, where investors often focus on durable cash flows, regulated earnings visibility, and a consistent record of capital returns. According to Dividend Channel's weekly DividendRank report, DTE shares screened well on both valuation and profitability measures. The report also pointed to the company's established quarterly dividend history and favorable long-term growth trends in selected fundamental metrics, reinforcing the stock's profile as an income-oriented utility name. Why DTE stands out among utility dividend stocks. Utility dividend stocks are often evaluated on a relatively narrow set of factors: earnings stability, capital intensity, payout durability, and valuation discipline. In that context, DTE's inclusion on a top-ranked utility dividend list suggests that it compares favorably on the characteristics income-focused equity screening models typically emphasize. The report stated, "Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research." That framework is particularly relevant in the utility sector. Because many utilities operate regulated businesses with comparatively predictable revenue streams, differences in balance sheet strength, capital allocation, rate-base growth, and dividend policy can materially affect long-term total return outcomes. A stock that combines a competitive yield with reasonable valuation and a history of execution may merit closer review than one offering yield alone. DTE dividend yield and payout profile. DTE Energy Co currently pays an annualized dividend of $4.66 per share, distributed in quarterly installments. Based on the figures cited in the report, that equates to a dividend yield of 3.32%. The company's most recent ex-dividend date was 09/21/2026. For dividend analysis, headline yield is only a starting point. The more important questions typically include: * Whether the dividend has been sustained across multiple market cycles * Whether earnings and cash flow support continued distributions * Whether the company has shown a pattern of measured dividend growth over time * Whether the stock's valuation offsets the interest-rate sensitivity common in utility shares DTE's appearance on a dividend-focused ranking indicates that its profile is not being driven solely by yield. Instead, the screening appears to reward a broader mix of profitability, valuation, and dividend consistency. Why dividend history matters. A long-term dividend record can be an important indicator of corporate discipline. While past payments do not determine future results, a sustained history of regular distributions often signals management's willingness to prioritize balance sheet resilience, earnings visibility, and shareholder returns through different economic and rate environments. That is one reason Dividend Channel emphasized DTE's long-term dividend history. For utility companies in particular, the dividend record can offer insight into how management has balanced capital spending requirements with cash returned to shareholders. Because utilities frequently operate with large infrastructure investment needs, consistency in dividend policy can reflect confidence in the business model and expected cash-generation capacity. Below is the long-term dividend history chart referenced in the report: How to interpret the ranking. Being named a top utility dividend stock does not rest on one metric alone. In practice, such rankings generally matter most when several attributes align: * Yield: The stock offers a payout level that is competitive within the utility sector. * Valuation: Shares do not appear excessively expensive relative to earnings or other operating measures. * Profitability: The business generates returns and earnings quality strong enough to support future capital needs. * Dividend track record: The company has demonstrated continuity and, ideally, growth in shareholder distributions. For DTE, the significance of the ranking is that the company appears to satisfy several of these criteria at the same time. That combination is often more informative than yield in isolation, especially in a sector where elevated yields can sometimes reflect market concerns over capital spending, regulation, leverage, or growth prospects. Bottom line. DTE Energy's placement among the top 10 utility dividend stocks underscores its position as a closely watched income name within the regulated utility space. With a 3.32% dividend yield, a quarterly payout structure, and a long record of distributions, the stock is being recognized not just for current income, but also for the broader mix of valuation, profitability, and dividend consistency highlighted by Dividend Channel's screening methodology. Ready to widen the search? Visit 10 Top DividendRank'ed Utility Stocks to find related energy stock ideas worth reviewing next.

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