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DTE Energy Seeks Rate Hike Amid $1.5B Profit

2/28/2026

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Story summary
  • DTE Energy plans to seek another electric rate increase in Michigan, filing a formal application around April 27, with new rates unlikely to take effect until 2027.
  • Critics, including Michigan Attorney General Dana Nessel, condemn the frequent increases.
  • DTE reported nearly $1.5 billion in earnings for 2025, prompting concerns about prioritizing profits over affordability.