DTE Energy
Michigan Democrats introduced climate bills that would end coal-fired electric generation by 2030 and mandate 100% renewable electric production by 2035.
Michigan utility customers who suffer lengthy power outages will automatically receive credits of $35 daily under new rules approved by the PSC.
Michigan PSC chief Dan Scripps told legislators the state’s electric grid is “nowhere it needs to be,” citing outages that affected 1 million residents.
Ann Arbor officials will begin negotiations with DTE Energy on a new gas franchise agreement aligned with the city’s 2030 carbon neutrality goal.
Michigan lawmakers grilled DTE and CMS Energy officials over their efforts to restore power following storms that slammed the state in February and March.
Consumers Energy and DTE Energy are on the hot seat after weather-related outages that affected as many as 1 million Michigan customers since February.
DTE Energy will need substantial customer rate increases to keep up with its mounting grid reliability and clean energy investments, executives said.
Michigan utilities would have to provide more transparency on their spending to influence rate cases under regulations proposed by the attorney general.
DTE Energy unveiled its latest proposed integrated resource plan, pledging to end its use of coal by 2035 and go carbon free by 2050.
DTE Energy executives promised a more aggressive clean energy transition during a third quarter earnings call.
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