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Stock impact report

DTE vows 2-year pause on rate hike requests after proposing $474.3 million investment [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
The utility company plans to submit the latest request to the Michigan Public Service Commission on Tuesday, April 28. If approved, a rate change would not take effect until late February 2027. The request comes two months after MPSC approved a $242.4 million investment that went into effect in early March. The company says the $474 million request would also support converting the Belle River Power Plant from coal to natural gas and developing the Trenton Channel Energy Center. DTE says 2025 saw the company's best reliability performance in nearly 20 years, with the time customers spend without power reduced by 60%. "Now more than ever, we know affordability matters to our customers – and we're doing everything we can to keep energy bills as low as possible while also providing the reliable power they need," said Joi Harris, president and chief executive officer of DTE Energy. "As long as the first data center project we're supporting comes online as planned by the end of 2027 Show less Read more
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