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DTE Gas filed its request for a $266 million rate increase in January, followed by a request by DTE Electric in March, seeking a $456.4 million increase. ... her proposal would result in a smaller ...
DTE's earliest direct corporate ancestor, the Edison Illuminating Company of Detroit, was founded in 1886. By the turn of the century, it split responsibility for commercial electric power in the fast-growing city of Detroit with the Peninsular Electric Light Company; the latter company controlled the city's electric distribution network.
DTE Electric Company (formerly The Detroit Edison Company) was founded in 1886. DTE Electric's power generation portfolio includes renewable energy , but is primarily generated by fossil fuels . In 2022, 68.58% of electricity generated by DTE came from coal, gas, and oil.
St. Clair is a base load power plant, dispatched after DTE Energy's Fermi 2 nuclear unit and the neighboring Belle River coal-fired power plant. Between 1999 and 2003, St. Clair's capacity factor averaged 57%, plant heat rate averaged 10,449 British thermal units per kilowatt-hour (3.1 kWh/kWh), giving an plant efficiency of 32%, and the ...
Over the past 12 months, DTE Energy generated $574.0 million cash while it booked net income of $679.0 million. That means it turned 6.6% of its revenue into FCF. That sounds OK.
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ITC was founded in 1999 as International Transmission Co., a subsidiary of Detroit Edison (since renamed DTE Energy Electric Company, itself a subsidiary of DTE Energy), charged in the ownership, operation and maintenance of Detroit Edison's transmission system. In 2003, DTE sold the subsidiary to ITC Holdings Corp., making it the first fully ...
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