Latest Detroit Edison Stories
DETROIT, April 27, 2012 /PRNewswire/ -- DTE Energy (NYSE: DTE) today reported first quarter 2012 earnings of $156 million, or $0.91 per diluted share, compared with $176 million, or $1.04 per diluted share, in 2011. Unusually warm weather negatively impacted first quarter earnings at MichCon, Detroit Edison and Energy Trading. Operating earnings for the first quarter 2012 were $156 million, or $0.91 per diluted share, compared with 2011 operating earnings of $188 million, or $1.11...
DETROIT, April 25, 2012 /PRNewswire/ -- The Michigan Office of Service to the Aging (OSA) has nominated Janice M. Turner, Specialist, Customer Advocacy - Revenue Management & Protection with DTE Energy (NYSE: DTE) as the company's Gatekeeper of the Month. The DTE Energy Gatekeeper program helps senior citizens get assistance from various community and human service organizations through confidential referrals. For example, at-risk seniors can receive help with transportation,...
DETROIT, April 23, 2012 /PRNewswire/ -- Detroit Edison recently received the Arbor Day Foundation's 2012 Tree Line USA award for its commitment to proper tree pruning, planting and care in the provider's service territory. Tree Line USA, a partnership with the Foundation and the National Association of State Foresters, recognizes utilities whose line-clearance programs include quality tree trimming practices. This is the seventh year of recognition for Detroit Edison, a unit of DTE...
DETROIT, April 19, 2012 /PRNewswire/ -- DTE Energy announced today that it plans to build its next wind park in Huron County, which will add another 110 megawatts (MW) to the company's renewable energy portfolio. The wind park in Oliver and Chandler townships is part of DTE Energy's efforts to expand the company's renewable energy resources. The wind park will add to the more than 500 MW of DTE Energy's renewable energy projects already producing, or in the planning or construction...
DETROIT, April 10, 2012 /PRNewswire/ -- DTE Energy (NYSE: DTE) will announce its first quarter 2012 earnings before the market opens Friday, April 27. The company will conduct a conference call to discuss earnings results at 9 a.m. EDT the same day. Weather in the MichCon service territory in the first quarter was among the warmest on record with approximately 22 percent fewer heating degree days than normal. The impact of the mild weather on MichCon's first quarter operating...
ST. CLAIR SHORES, Mich., April 9, 2012 /PRNewswire/ -- Glacial Energy -- a Michigan licensed alternative electric supplier (AES) and one of the fastest growing alternative energy suppliers in the United States -- today announced it has launched a retail electricity program targeting residential customers in the Detroit Edison and Consumers Energy service territories. Michigan residential electric customers now have the opportunity to switch to Glacial Energy and potentially enjoy...
DETROIT, March 27, 2012 /PRNewswire/ -- To improve electrical service reliability and safety for customers, Detroit Edison tree trimming crews will be working in several local communities over the next two months. During severe weather, fallen limbs and tree branches create about two-thirds of power outages. "By trimming to a 10-foot distance between tree branches and our power lines, we can significantly reduce tree-related power outages," said Vince Dow, DTE Energy vice...
DETROIT, Feb. 29, 2012 /PRNewswire/ -- DTE Energy announced that customers who participated in energy efficiency programs launched in June 2009 saved $50 million last year and can expect the steps they took to result in lifetime savings of over $700 million. DTE Energy's energy efficiency programs are designed to help customers save energy, and therefore save money. The programs include appliance recycling, in-home energy audits, low-income weatherization assistance, and rebates and...
DETROIT, Feb. 16, 2012 /PRNewswire/ -- DTE Energy (NYSE:DTE) today reported 2011 earnings of $711 million, or $4.18 per diluted share, compared with $630 million, or $3.74 per diluted share, in 2010. Reported earnings in 2011 include an $87 million, or $0.50 per diluted share, non-cash adjustment to income tax expense related to the enactment of the Michigan Corporate Income Tax in May 2011. 2011 operating earnings were $633 million, or $3.73 per diluted share, compared with 2010 operating...
DETROIT, Feb. 7, 2012 /PRNewswire-USNewswire/ -- Detroit's electrical utility infrastructure faces daunting challenges and opportunities. In our city, the demographics, economy, and technology surrounding energy are vastly changing and we are constantly looking to find new ways of delivering electricity that is efficient, effective, environmentally responsible, and ethical. University of Detroit Mercy's College of Engineering & Science, School of Architecture and DTE Energy...
