DTE Energy Company

American energy company providing electricity and natural gas services to millions of customers in Michigan and beyond, with non-utility energy businesses nationwide.

Company Type

public

Founded

1996

Headquarters

Detroit, Michigan, USA

Stock

NYSE: DTE

About DTE Energy Company

DTE Energy Company is an American energy company that operates through both regulated utility and non-regulated business segments. The company's utility operations include DTE Electric, serving 2.3 million customers in Southeast Michigan, and DTE Gas, serving 1.3 million customers throughout Michigan.

The company's non-utility businesses are organized under DTE Vantage, which encompasses 74 projects in 15 states focusing on industrial energy services, renewable energy, and environmental controls. DTE Biomass Energy operates landfill gas collection and renewable energy projects. DTE Energy Trading provides energy marketing and trading services.

DTE Energy employs over 10,000 people and is committed to reliable, affordable, and clean energy delivery. The company has made significant investments in renewable energy infrastructure and grid modernisation.

History of DTE Energy Company

DTE Energy was established in January 1996 when Detroit Edison reorganized itself as a holding company. "DTE" was selected as the company name because it was the existing stock ticker symbol for Detroit Edison.

Detroit Edison's roots trace back to the early 1900s as a major electric utility in Michigan. The company expanded significantly throughout the 20th century, eventually merging with various gas utilities to form what became MichCon (Michigan Consolidated Gas Company).

Under the DTE Energy holding company structure, the company has diversified beyond traditional utility operations into non-utility energy businesses. DTE has invested in renewable energy development, biomass energy projects, and energy trading operations. The company has also expanded its geographic reach with non-utility projects in multiple states.

Brands Owned by DTE Energy Company

DTE Energy Company owns 4 brands in our database.

DTE Biomass Energy

Owned by DTE Energy Company

Renewable energy company specializing in landfill gas collection and biomass energy projects, owned by DTE Energy Company.

renewable-energybiomass-energylandfill-gas

DTE Electric

Owned by DTE Energy Company

Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.

electricityutilitiesmichigan

DTE Gas

Owned by DTE Energy Company

Michigan-based natural gas utility company serving millions of customers throughout the state, owned by DTE Energy Company.

natural-gasutilitiesmichigan

DTE Vantage

Owned by DTE Energy Company

Non-utility energy services company operating renewable energy, industrial energy services, and environmental control projects across the United States.

renewable-energyindustrial-energyenvironmental-services

Stock Information

DTE Energy Company Ownership: Pros & Cons

Advantages

+Diversified portfolio across regulated utilities and non-utility energy businesses
+Strong financial resources enabling significant infrastructure investment and modernisation
+Established customer base serving over 3.6 million customers
+Industry-leading operational performance and customer satisfaction
+Publicly traded status providing transparency and access to capital markets
+Commitment to clean energy transition with investments in renewable energy

Considerations

-Regulatory oversight from Michigan Public Service Commission and other state regulators
-Exposure to energy market dynamics and commodity price fluctuations
-Dependency on regulatory approval for rate increases and major projects
-Environmental and social compliance requirements across operating regions
-Integration challenges managing utility and non-utility business segments
-Exposure to weather-related impacts on customer demand and operations
-Political and regulatory risk across multiple jurisdictions

Frequently Asked Questions About DTE Energy Company

Is DTE Energy a publicly traded company?

Yes, DTE Energy is publicly traded on the New York Stock Exchange under the ticker symbol DTE. The company is owned by its shareholders and is not controlled by a single parent company.

What does DTE Energy do?

DTE Energy operates as an energy holding company providing electricity and natural gas services through regulated utilities, and non-utility energy businesses including renewable energy, industrial energy services, and energy trading.

When was DTE Energy founded?

DTE Energy was established in January 1996 when Detroit Edison reorganized itself as a holding company. However, Detroit Edison's roots trace back to the early 1900s.

How many customers does DTE Energy serve?

DTE Energy serves over 3.6 million customers through its utility subsidiaries: 2.3 million electric customers and 1.3 million natural gas customers in Michigan.

What are DTE Energy's main subsidiaries?

DTE Energy's main subsidiaries are DTE Electric (electricity utility), DTE Gas (natural gas utility), DTE Vantage (non-utility energy services), DTE Biomass Energy (renewable energy), and DTE Energy Trading (energy trading).

About DTE Energy Company

History of DTE Energy Company