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Stock impact report

DTE starts process for requesting electric rate hikes in spring 2027 [CBS News]

DTE Energy Company (DTE) 
Last dte energy company earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.dteenergy.com
Company Research Source: CBS News
DTE, which provides electricity for much of Southeast Michigan, sent a notice this week to the Michigan Public Service Commission, indicating that it will file a formal application this April for rates that take effect in March 2027. The amount that will be requested for that time frame has not been made public. This letter was filed before customers see the increases that have already been approved. As of March 5, the typical residential customer using 500 kilowatt hours per month will see an increase of $4.93 or 4.6% in their monthly electric bill when the new rates take effect on March 5. This step will add up to an estimated $242.4 million in additional revenue for DTE. This rate hike is separate from the transaction fees that DTE has imposed starting March 2 for those who use debit or credit cards to pay online or autopay their bills. Residential customers will have a $2.99 transaction fee for such payments, and commercial accounts will face a $9.99 transaction fee for s Show less Read more
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