DTE Energy

DTE Energy reports first quarter earnings and accomplishments

Retrieved on: 
Jeudi, avril 25, 2024
CFO, Internet, DTE, Great Lakes Crossing Outlets, Investment, Weather, News, Natural gas, Gallup, Electricity, Workplace, Webcast, Carbon, EPS, Database, DTE Energy, Renewable energy

The company also reported first quarter earnings of $313 million or $1.51 per diluted share, compared with $445 million, or $2.16 per diluted share in 2023.

Key Points: 
  • The company also reported first quarter earnings of $313 million or $1.51 per diluted share, compared with $445 million, or $2.16 per diluted share in 2023.
  • Operating earnings for the first quarter 2024 were $346 million, or $1.67 per diluted share, compared with 2023 operating earnings of $274 million, or $1.33 per diluted share.
  • Reconciliations of reported earnings to operating earnings are included at the end of this news release.
  • “Our strong financial results enable DTE to continue to invest significant amounts into transforming the way we generate and distribute energy for our customers,” said David Ruud, DTE executive vice president and CFO.

Detroit Sports Commission Expands $1 Million Living Legacy Program and Holds Community Celebration With Partners

Retrieved on: 
Lundi, avril 22, 2024
Education, Municipal council, Community foundation, City, Knight Foundation, NFL, Sport, Penske Corporation, Ford Field, Literacy, Research, Michigan Economic Development Corporation, General Motors, Huntington Bancshares, Flagstar Bank, Detroit Pistons, Detroit City Council, Fifth Third Bank, DSC, National Football League Draft, PNC Financial Services, DTE Energy, Economic development, Organization, NCAA

DETROIT, April 22, 2024 (GLOBE NEWSWIRE) -- Ahead of the 2024 NFL Draft presented by Bud Light, the Detroit Sports Commission (DSC) unveiled additional details and grant recipients as part of its unprecedented $1 million Living Legacy Initiative. In addition, the Ralph C. Wilson Jr. Foundation, Amazon, Community Foundation for Southeast Michigan, the NFL, and other entities awarded grants to local community organizations.

Key Points: 
  • In addition, the Ralph C. Wilson Jr. Foundation, Amazon, Community Foundation for Southeast Michigan, the NFL, and other entities awarded grants to local community organizations.
  • Announced in November 2023, the Detroit Sports Commission's $1 million Living Legacy Initiative is designed to promote youth literacy and sports, with a special emphasis on empowering girls in sports across Detroit and neighboring communities.
  • All recipients were presented with a specially branded Detroit Sports Commission 2024 jersey and hat, serving as a memento of their selection.
  • Kellogg Foundation and co-chair of the Detroit Sports Commission Community Engagement Committee.

DTE Energy helps make NFL Draft carbon neutral

Retrieved on: 
Lundi, avril 22, 2024
Gasoline, DTE, NFL, Natural gas, Marketing, Electricity, Carbon, Wind, Environment, Tree, National Football League, Food, National Football League Draft, DTE Energy, Atmosphere, AFL, Organization, Renewable energy

Detroit, April 22, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan’s largest producer of renewable energy, is working with the National Football League (NFL) and local tourism non-profit Visit Detroit to help the 2024 NFL Draft become carbon neutral.

Key Points: 
  • Detroit, April 22, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan’s largest producer of renewable energy, is working with the National Football League (NFL) and local tourism non-profit Visit Detroit to help the 2024 NFL Draft become carbon neutral.
  • DTE is helping reduce carbon emissions associated with the NFL Draft (April 25 – 27) by offsetting the carbon footprint of the energy used by the NFL for event production and operation, food and beverage preparation and consumption, merchandise sales, and the air and ground transportation for NFL employees and vendors.
  • DTE is securing offsets to protect forests in northern Michigan that are sequestering carbon and may have otherwise been cut down.
  • “DTE is excited to leverage the benefits of our voluntary renewable energy programs to create a cleaner environment for the NFL Draft and Visit Detroit,” said Tony Tomczak, vice president – Electric Sales and Marketing, DTE Energy.

DTE awards three Michigan small businesses $5,000 in energy efficiency upgrades

Retrieved on: 
Vendredi, avril 12, 2024
Small business, DTE, Light-emitting diode, Energy efficiency, Business, Broker-dealer, Associate, DTE Energy, Drink, Knowledge, Cryptocurrency

These Michigan small businesses were selected based on their demonstrated knowledge of and need for energy efficiency improvements.

Key Points: 
  • These Michigan small businesses were selected based on their demonstrated knowledge of and need for energy efficiency improvements.
  • All winners will receive a walk-through energy assessment with a DTE energy expert, including business-specific energy efficiency recommendations and help in coordinating the installation of upgrades with the prize money.
  • These businesses are the foundation of the communities we serve, and we are proud to support them,” said Carmen Welch, director, Energy Efficiency, DTE Energy.
  • “Congratulations to all our Energy Efficiency Makeover contest winners.”
    DTE offers over 20 energy efficiency programs for residential, small business and commercial and industrial customers and is ranked fifth in the nation for its programing.

DTE Energy schedules first quarter 2024 earnings release, conference call

Retrieved on: 
Jeudi, avril 11, 2024
DTE Energy, Internet, DTE, Webcast

Detroit, April 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its first quarter 2024 earnings before the market opens Thursday, Apr.

Key Points: 
  • Detroit, April 11, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its first quarter 2024 earnings before the market opens Thursday, Apr.
  • 25, 2024.
  • The company will conduct a conference call to discuss earnings results at 8:30 a.m.
  • The webcast will be archived on the DTE Energy website at dteenergy.com/investors .

US Environmental Protection Agency (EPA) honors DTE Energy with the 2024 ENERGY STAR® Partner of the Year Award for sustained excellence in Energy Efficiency

Retrieved on: 
Mardi, mars 26, 2024
Electricity, Climate change, Environment, DTE, Energy efficiency, Private sector, Appliance recycling, DTE Energy, Carbon, EPA, Investment, Lighting, Recycling

Detroit, March 26, 2024 (GLOBE NEWSWIRE) -- Today, DTE Energy (NYSE: DTE) was awarded the ENERGY STAR Partner of the Year award by the US Environmental Protection Agency (EPA).

Key Points: 
  • Detroit, March 26, 2024 (GLOBE NEWSWIRE) -- Today, DTE Energy (NYSE: DTE) was awarded the ENERGY STAR Partner of the Year award by the US Environmental Protection Agency (EPA).
  • The award is the highest level of recognition achieved from the EPA, honoring corporate energy management programs that demonstrate organization-wide energy savings, best practices and benefits of ENERGY STAR.
  • The ENERGY STAR government-backed symbol for energy efficiency was established to help customers identify and purchase products that offer savings on energy bills without sacrificing performance, features or comfort.
  • “Receiving this award reflects DTE’s commitment to implementing energy-saving programs that are beneficial to our customers and support the environmental impacts of ENERGY STAR standards,” said Carmen Welch, director, of Energy Efficiency, DTE Energy.

Preparations Begin in Downtown Detroit for 2024 NFL Draft Presented by Bud Light

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Mardi, mars 26, 2024
Friends, National Football League Draft, Cadillac, City, Michigan Economic Development Corporation, Transport, DTE Energy, NFL Network, Phase 1, Fan service, Restaurant, NFL, General Motors, Penske Corporation, Columbia Street, ESPN, Huntington Bancshares, Flagstar Bank, Detroit Lions, The Development, ESPN Deportes, Detroit Partnership, State, ABC, Conscription, Development, W. K. Kellogg Foundation, Detroit Pistons, Theatre, Philip A. Hart Plaza, Knight Foundation, DDP, Football, Corktown, Corner Ballpark, DDOT, Rocket Mortgage, M-1 (Michigan highway), Smartphone, Fifth Third Bank, PNC Financial Services, RTA, Beacon Park, SMART, Nightclub

The announcement, marking 30 days before night one of the Draft on April 25, took place at the Development at Cadillac Square—formerly known as the Monroe Midway—the site of the NFL Draft Theater.

Key Points: 
  • The announcement, marking 30 days before night one of the Draft on April 25, took place at the Development at Cadillac Square—formerly known as the Monroe Midway—the site of the NFL Draft Theater.
  • During the media event, the City announced the first downtown street closures for the Draft, which is expected to attract hundreds of thousands of visitors and customers for downtown businesses.
  • “The Downtown Detroit Partnership’s ‘Draft Day in the D’ is free to fans, friends, and families who will be enjoying Detroit during Draft Weekend,” said Downtown Detroit Partnership CEO Eric B. Larson.
  • For more information on the NFL Draft presented by Bud Light, fans should visit nfl.com/draft/event-info and download the NFL OnePass app or on the web at NFL.com/DraftAccess .

Atmos Energy Hits Highest Customer Satisfaction Score Since 2018, as Energy Utilities See Gains, ACSI Data Show

Retrieved on: 
Mardi, mars 19, 2024
Oil, Gas, Energy, Residential Building & Real Estate, Construction & Property, Utilities, Atmos, Atmos Energy, Electricity, Natural gas, PG&E, Consolidated Edison, CenterPoint Energy, Environment, Associate, Dominion Energy, National Grid, CPS Energy, NextEra Energy, ACSI, University, Entergy, DTE Energy, Marketing, NiSource, Complaint, Michigan State University, Berkshire Hathaway Energy, Multimedia, Weather, Renewable energy

Following four years of flat performance, residential customer satisfaction with the energy utilities industry rises 4% to an ACSI score of 75 (out of 100), according to the American Customer Satisfaction Index (ACSI®) Energy Utilities Study 2023-2024 , as improvements across the customer experience outweigh concerns about rising utility rates.

Key Points: 
  • Following four years of flat performance, residential customer satisfaction with the energy utilities industry rises 4% to an ACSI score of 75 (out of 100), according to the American Customer Satisfaction Index (ACSI®) Energy Utilities Study 2023-2024 , as improvements across the customer experience outweigh concerns about rising utility rates.
  • “However, despite the current momentum, energy utilities will continue to face challenges beyond their control, like extreme weather events that cause longer power outages.
  • Municipal energy utilities move into second place after surging 6% to 75, just ahead of investor-owned utilities, which climb 3% to 74.
  • Five utilities share second place at 77: Berkshire Hathaway Energy (up 4%), Dominion Energy (up 5%), Duke Energy (up 5%), NextEra Energy (up 3%), and Southern Company (up 3%).

DTE Energy reports 2023 earnings and accomplishments

Retrieved on: 
Jeudi, février 8, 2024
Internet, EPS, Growth, CFO, City, Wind, Primary energy, DTE Electric Company, Integrated Resource Plan, DTE Energy, News, Transport, Retirement, Safety, Tree, Carbon, Investment, Work, CO2, Council, DTE, EPA, Electricity, Webcast, Toyota Motor North America, Organization, Renewable energy

Operating earnings for 2023 were $1.2 billion, or $5.73 per diluted share, compared with 2022 operating earnings of $1.2 billion, or $6.10 per diluted share.

Key Points: 
  • Operating earnings for 2023 were $1.2 billion, or $5.73 per diluted share, compared with 2022 operating earnings of $1.2 billion, or $6.10 per diluted share.
  • “2023 was a landmark year for DTE,” said Jerry Norcia, DTE Energy chairman and CEO.
  • DTE also was ranked a top five energy company in the nation for energy efficiency savings by the Council for an Energy-Efficient Economy.
  • DTE customers saved $418 million on energy bills by participating in DTE’s energy efficiency programs in 2022.

DTE Energy schedules full year 2023 earnings release, conference call

Retrieved on: 
Jeudi, janvier 25, 2024
Internet, DTE, DTE Energy, Webcast

Detroit, Jan. 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its full year 2023 earnings before the market opens Thursday, Feb. 8, 2024.

Key Points: 
  • Detroit, Jan. 25, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) will announce its full year 2023 earnings before the market opens Thursday, Feb. 8, 2024.
  • The company will conduct a conference call to discuss earnings results at 9 a.m.
  • Investors, the news media and the public may listen to a live internet broadcast of the call at dteenergy.com/investors .
  • The webcast will be archived on the DTE Energy website at dteenergy.com/investors .