DTE Electric to provide $30-$40 million in bill relief during peak summer usage months
DTE Energy Company (DTE)
Last dte energy company earnings: 4/28 07:00 am
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Source: GlobeNewswire
Lower generation costs will enable DTE to pass along between $30 to $40 million in bill reductions to its electric customers for the months of June and JulyThis measure is a continuation of several recent DTE initiatives currently assisting customers during the ongoing COVID-19 pandemic DTE previously lowered natural gas prices for four consecutive months from November 2019 to February 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. DTE has leveraged its efficiency and lower fuel prices to significantly reduce the amount of money it spends on generation costs and is passing these savings on to its customers. “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. “That’s why we feel it is important to apply
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DTE
News
- DTE Energy Board of Directors declares quarterly dividendGlobeNewswire
- DTE or WEC: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Real-Life Lessons for Thriving in the Energy Transition [Yahoo! Finance]Yahoo! Finance
- DTE Energy (NYSE: DTE) had its price target raised by analysts at Barclays PLC from $115.00 to $119.00. They now have an "overweight" rating on the stock.MarketBeat
- It's Unlikely That Shareholders Will Increase DTE Energy Company's (NYSE:DTE) Compensation By Much This Year [Yahoo! Finance]Yahoo! Finance
DTE
Earnings
- 4/25/24 - Miss
DTE
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- DTE's page on the SEC website