DTE Energy

DTE Energy issues dividend

Retrieved on: 
Thursday, May 7, 2020

Detroit, May 07, 2020 (GLOBE NEWSWIRE) -- DETROIT, May 7, 2020 (NYSE: DTE) The DTE Energy Board of Directors declared a$1.0125per share dividend on its common stock payableJuly 15, 2020 to shareholders of record at the close of businessJune 15, 2020.

Key Points: 
  • Detroit, May 07, 2020 (GLOBE NEWSWIRE) -- DETROIT, May 7, 2020 (NYSE: DTE) The DTE Energy Board of Directors declared a$1.0125per share dividend on its common stock payableJuly 15, 2020 to shareholders of record at the close of businessJune 15, 2020.
  • This continues DTE Energy's consistent dividend history, having issued a cash dividend for more than 100 years.
  • "We recognize the value of our long history of dividend and the role it plays in delivering above-average shareholder returns, said Jerry Norcia, DTE Energy president and CEO.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Electric to provide $30-$40 million in bill relief during peak summer usage months

Retrieved on: 
Thursday, April 30, 2020

DETROIT, April 30, 2020 (GLOBE NEWSWIRE) -- DTE Energy today announced that it is passing along between $30 to $40 million in bill relief to its electric utility customers for the months of June and July.

Key Points: 
  • DETROIT, April 30, 2020 (GLOBE NEWSWIRE) -- DTE Energy today announced that it is passing along between $30 to $40 million in bill relief to its electric utility customers for the months of June and July.
  • We know that many Michiganders are experiencing hardships due to the COVID-19 pandemic, said Trevor Lauer, president of the electric company at DTE Energy.
  • This $30 to $40 million bill relief initiative will complement DTEs recently announced Personalized Service Protection program to help customers experiencing financial hardships due to COVID-19.
  • Its operating units include an electric company serving 2.2 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan.

DTE Energy, Skillman Foundation, Quicken Loans, DPSCD and the City of Detroit announce $23 million investment to bridge the digital divide for 51,000 Detroit students

Retrieved on: 
Thursday, April 23, 2020

DPSCD estimates that 90% of the districts students do not have access to a device and the Internet.

Key Points: 
  • DPSCD estimates that 90% of the districts students do not have access to a device and the Internet.
  • The first six months of internet connectivity will be fully subsidized during which time students will be transitioned to a low-cost, hard-wired connection.
  • When our executive team began prioritizing COVID-19 relief efforts, the issue of digital inequity for Detroit students rose to the top, said DTE Energy President and CEO Jerry Norcia.
  • We have risen to the challenge of this pandemic and found a way to forge something positive for our children.

DTE Energy launches new Personalized Service Protection program to help customers impacted by COVID-19 protect their energy service

Retrieved on: 
Tuesday, April 21, 2020

DETROIT, April 21, 2020 (GLOBE NEWSWIRE) -- DTE Energy today launched a new Personalized Service Protection program to help customers experiencing financial hardship due to COVID-19.

Key Points: 
  • DETROIT, April 21, 2020 (GLOBE NEWSWIRE) -- DTE Energy today launched a new Personalized Service Protection program to help customers experiencing financial hardship due to COVID-19.
  • The plan is available immediately and helps ensure impacted customers can retain the energy service they need during this ongoing, unprecedented crisis.
  • We want our customers to know that we are here for them, said Jerry Norcia, president and CEO, DTE Energy.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy schedules first quarter 2020 earnings release, conference call

Retrieved on: 
Tuesday, April 14, 2020

14, 2020 DTE Energy (NYSE: DTE) will announce its first quarter 2020 earnings before the market opens Tuesday, Apr.

Key Points: 
  • 14, 2020 DTE Energy (NYSE: DTE) will announce its first quarter 2020 earnings before the market opens Tuesday, Apr.
  • The company will conduct a conference call to discuss earnings results at 9 a.m.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.
  • The DTE portfolio includes energy businesses focused on power and industrial projects; renewable natural gas; natural gas pipelines, gathering and storage; and energy marketing and trading.

High winds in Monday’s forecast; DTE prepares for possible outages

Retrieved on: 
Saturday, April 11, 2020

Crews are on standby and are ready to respond should high winds cause outages.

Key Points: 
  • Crews are on standby and are ready to respond should high winds cause outages.
  • Customers can use the DTE Energy Mobile App or visit outage.dteenergy.comto report an outageor downed wire, view the outage map andcheck the status of the outage.
  • DTE Energy (NYSE: DTE) is aDetroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.
  • DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress.

Joseph Welch To Retire From ITC Holdings Corp. Board Of Directors

Retrieved on: 
Thursday, April 9, 2020

NOVI, Mich., April 9, 2020 /PRNewswire/ -- ITC today announced the retirement ofJoseph L. Welch, Chairman of the ITC Holdings Corp. board of directors, effective May 31, 2020.Welch founded ITC in 2003 and served as the company's President and CEO until his retirement in 2016.

Key Points: 
  • NOVI, Mich., April 9, 2020 /PRNewswire/ -- ITC today announced the retirement ofJoseph L. Welch, Chairman of the ITC Holdings Corp. board of directors, effective May 31, 2020.Welch founded ITC in 2003 and served as the company's President and CEO until his retirement in 2016.
  • "Founding ITC and building this company together with so many outstanding people has been one of the great joys of my life," said Welch.
  • Now is the right time for me to step aside from the board and fully enjoy my retirement."
  • ITC Holdings Corp. is the largest independent electricity transmission company in the United States.

DTE Energy Foundation bolsters historic COVID-19 relief campaign: 100,000 respirator masks delivered to area hospitals with two million more on order

Retrieved on: 
Wednesday, April 8, 2020

The DTE Foundation is pulling out all the stops to help protect the heroes of our communities, said DTE President and CEO Jerry Norcia.

Key Points: 
  • The DTE Foundation is pulling out all the stops to help protect the heroes of our communities, said DTE President and CEO Jerry Norcia.
  • As our hospitals ran critically low on masks, DTE worked around the clock to source KN95 masks to help.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.
  • In 2019, the DTE Energy Foundation provided grant support to hundreds of non-profits throughout the company's service territories.

DTE Energy offering critical resources to business customers to help them through coronavirus crisis

Retrieved on: 
Monday, April 6, 2020

6, 2020 DTE Energy, Michigan's largest energy company, is making its business customers aware of programs that can provide financial lifelines, as well as offering guidance on reducing their energy bills during the coronavirus pandemic.

Key Points: 
  • 6, 2020 DTE Energy, Michigan's largest energy company, is making its business customers aware of programs that can provide financial lifelines, as well as offering guidance on reducing their energy bills during the coronavirus pandemic.
  • DTE has joined with a diverse business and community coalition in communicating how PPP loans offer critical help to businesses impacted by the pandemic.
  • While the PPP loans will help small businesses cover some costs, DTE is encouraging customers to cut expenses further with some simple, no-cost steps for quick reductions in energy usage that can help lower energy bills.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.

DTE Energy Foundation doubles down on COVID-19 relief efforts

Retrieved on: 
Tuesday, March 31, 2020

DETROIT, March 31, 2020 (GLOBE NEWSWIRE) -- The DTE Energy Foundation, the philanthropic arm of DTE Energy, today announced that it will match all donations to the Michigan Association of United Ways and Michigan Community Action now through Thursday, April 16.

Key Points: 
  • DETROIT, March 31, 2020 (GLOBE NEWSWIRE) -- The DTE Energy Foundation, the philanthropic arm of DTE Energy, today announced that it will match all donations to the Michigan Association of United Ways and Michigan Community Action now through Thursday, April 16.
  • The DTE Foundation is fully activated during this crisis and has already funded one million meals and provided basic needs for more than 100,000 families.
  • DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.
  • In 2019, the DTE Energy Foundation provided grant support to hundreds of non-profits throughout the company's service territories.