Business mix
- The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial.
- It generates electricity through coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.
- This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA.
- The company’s Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity.
Current key questions
- Can rate-base growth, allowed returns, and demand support earnings in utilities - regulated electric?
- How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
- Does the balance sheet support required infrastructure investment and dividends?
