DTE Energy Co. is a Detroit, Michigan-based utility incorporated in 1995 involved in the development and management of energy-related businesses and services nationwide.DTE Energy's largest operating subsidiaries are DTE Energy Electric Company , an investor-owned electric utility serving 2.1 million customers in Southeastern Michigan; and DTE Gas Company ), a natural gas utility serving 1.2 million customers in Michigan.The name "DTE" is taken from the stock symbol for the former Detroit Edison, DTE. Wikipedia.
News Article | May 11, 2017
Lighting accounts for more than 16 percent of electricity usage in small to medium sized commercial buildings, characterized as less than 100,000 square feet. More than 97 percent of all commercial buildings fall into this size category, making high cost of lighting usage a relevant issue for most building owners and tenants. This new collaborative program aims to reduce the energy footprint in these commercial buildings by accelerating the adoption of advanced lighting control systems. According to the Lighting Controls Association, coupling lighting with controls can generate as much as 38 percent energy cost savings. Commercial building owners, contractors and advanced lighting control technology providers will all benefit from the program. Building owners will gain exposure to lighting control solutions that will help them save money and reduce energy. The program will demonstrate lighting control solutions at 100 eligible sites and Consumers Energy and DTE Energy have designed incentives to support the integration costs of advanced lighting controls technologies. Energy savings tracked throughout the program will demonstrate how new lighting control systems benefit building owners' and managers' bottom line while reducing the environmental footprint of their buildings. The LiTES program is designed to train contractors about the latest networked lighting control solutions and their advantages as well as provide consumers with information about advanced lighting control solutions. The MALTCP will add training sessions through a network of IBEW-NECA joint training facilities in Michigan, and DTE Energy and Consumers Energy will launch new training opportunities for their trade allies by hosting 12 half-day training sessions. In total, LiTES will support the training of approximately 100 contractors on advanced lighting controls technologies, installation methods, sales tools, benefits and new business models. The program will also help advanced lighting control technology providers introduce their solutions to the market and increase awareness of lighting controls among potential customers. Building owners, contractors, and lighting industry stakeholders interested in learning more about lighting controls and opportunities to get involved can visit nextenergy.org/lites for more information. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/control-the-lites-for-energy-savings-300455101.html
News Article | May 11, 2017
"We're so pleased that the LePage family is partnering with us on this restaurant," said DTE Energy Chairman and CEO Gerry Anderson. "They bring decades of experience in operating distinctive restaurant concepts in southeastern Michigan. The LePage family's culinary point-of-view will complement the iconic architecture and ambience of this restaurant." Award-winning architectural firm, Touloukian Touloukian, Inc., is leading the construction of the rooftop's green restaurant space; interior and patio design is by Victor Saroki; and Kelly Building Co. is performing the build out of the space. "There are so many amazing things happening in Detroit right now and we are very excited to be part of it and to bring our restaurant concept to DTE's new public park," said Norm LePage. "It's been an honor to work with DTE on this project to help create the ultimate outdoor entertainment experience, and of course a special focus on quality food and service." DTE's new park is centrally located between the entertainment district, home of Little Caesar's Arena and Comerica Park, the Central Business District, Cork Town, and MGM Grand Casino. The park, programmed and operated by the Downtown Detroit Partnership, will open for play in July. About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com. About Norm and Bonnie LePage For over four decades, renowned restaurateurs, Norman and Bonnie LePage have welcomed guests into their neighborhood restaurants where the focus has always been on providing quality food and an exceptional dining experience. The family currently oversees operations for Clubhouse BFD in Rochester Hills, a craft beer bar; popular Big Rock Chophouse and Got Rocks Diamond Crown Cigar Lounge, a four star restaurant with an upstairs cigar bar, located in Birmingham's historic train station; The Reserve, an exclusive banquet facility located on the grounds of Big Rock Chophouse; and Griffin Claw Brewing Company in Birmingham, a 12,000-square-foot brewing and distributing facility with a taproom that opened in 2013 and is scheduled to open a second location in Rochester Hills in Fall of 2017. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-lights-up-the-detroit-restaurant-scene-with-new-dining-destination-300455641.html
News Article | May 2, 2017
(Reuters) - The U.S. wind industry installed 2,000 megawatts of capacity in the first quarter, nearly four times the amount installed in the same period last year, as developers race to capture a lucrative federal tax credit that is gradually being phased out. It was the industry's biggest first quarter since 2009, the American Wind Energy Association said in its first-quarter market report released on Tuesday. Project construction and development activity is also robust, as the federal production tax credit for wind projects does not expire until 2020. Starting this year, however, the credit's value will drop by 20 percent each year for projects that start construction from 2017 through 2019. There are 9,025 MW of wind projects under construction and an additional 11,952 MW in advanced development, AWEA said. About a quarter of the megawatts installed in the first quarter are contracted to buyers outside the utility industry, including the U.S. Army, Amazon.com Inc and Alphabet Inc's Google. Home Depot Inc and Intuit Inc also signed contracts for new wind projects for the first time in the first quarter. Just a handful of companies represent nearly all the utility wind capacity additions since the beginning of 2016. They include Xcel Energy Inc, Berkshire Hathaway Inc's MidAmerican Energy, Alliant Energy Corp and DTE Energy Co. Texas, the country's top state for wind power capacity, was the top location for wind installations in the first quarter, followed by Kansas, New Mexico, North Carolina and Michigan.
News Article | May 1, 2017
Kirsch, who was named the No. 1 Most Effective Corporate Lobbyist in Michigan by MIRS News in 2015, will continue to work with AT&T, a long-time client of the firm. "Jim is a great addition to our already strong lobbying team," said Dave Ladd, a principal of the firm. "Jim knows business, political, and community leaders throughout Michigan, and that's especially important to us as we look to further expand our Detroit practice and implement our future growth plans." Kirsch also has extensive experience in the legislative arena, also having served from 1999 to 2006 in the Michigan State Senate as a Policy Analyst for the Senate Judiciary Committee, responsible for monitoring committee activity and advising Senators on legislative content. Kirsch, a native of Oak Park, is a summa cum laude graduate of Michigan State University, where he majored in Psychology and Criminal Justice. He also holds a law degree from the University of Denver College of Law in Denver, Colorado. "I'm eager to join a firm with such a strong vision and strategic direction for its future," Kirsch said. "As the political arena evolves in Lansing and beyond, I'm looking forward to creating value for the firm's clients." A veteran of the United States Navy, Kirsch served overseas as a Military Policeman, training more than 200 patrol officers and guards in all phases of required standards of duty performance. During his time in the service, Mr. Kirsch also worked as a criminal investigator who assisted the Naval Investigative Service (NIS) and the Judge Advocate General (JAG) in various law enforcement capacities. Kirsch serves on the Board of Directors for the Michigan Chamber of Commerce, and the University Club of MSU Membership Committee. He also was the recipient of the Navy Good Conduct Medal and the National Defense Medal for his service during Operation: Desert Storm. Kirsch also appeared in the Hollywood blockbuster Batman vs. Superman: Dawn of Justice in an uncredited role when the movie was filming on the campus of Michigan State University in East Lansing. Kirsch currently resides in Holt with Angie, his wife of 20 years, and daughter Kennedy, 12. Kelley Cawthorne is consistently rated as one of Michigan's leading lobbying organizations by Inside Michigan Politics and MIRS News, as are many of its individual lobbyists. It is the only statewide lobbying firm with dedicated offices in Lansing and Detroit. Its highly diverse lobbying team has the policy and advocacy expertise necessary to create value in the public policy arena for clients such as AT&T, The Christman Company, DTE Energy, Michigan Special Olympics, Deloitte Consulting, Ford Motors, McLaren Health Care, Wal-Mart, and Wayne State University, among others. The bi-partisan firm was co-founded by former Michigan Democratic Attorney General Frank Kelley and former Michigan Republican House Leader Dennis Cawthorne. Its current principals are Rob Elhenicky, David Gregory, Dave Ladd, and Melissa McKinley. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kelley-cawthorne-announces-hire-of-public-affairs-veteran-jim-kirsch-as-lobbyist-300448662.html
News Article | May 8, 2017
DETROIT, May 8, 2017 /PRNewswire/ -- The DTE Energy Board of Directors declared a $0.825 per share dividend on its common stock payable July 15, 2017, to shareholders of record at the close of business June 19, 2017. About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.
News Article | May 8, 2017
A combination of breezy and sunny weather in the north and warm weather in the south saw Germany’s May 1 holiday weekend powered almost exclusively by renewable resources, according to the Agora Energiewende Initiative. Most of Germany’s coal-fired power stations were not even operating on Sunday, April 30, with renewable sources accounting for 85 percent of electricity across the country. Nuclear power sources, which are planned to be completely phased out by 2022, were also severely reduced. Patrick Graichen of Agora Energiewende said days like April 30 would be “completely normal” by 2030, as the federal government’s Energiewende (energy transition) initiative continues to add value to the wealth of resources invested in it. A document released by Germany’s government on Thursday showed that money spent on research into energy in Germany has more than doubled since 2006. Origin Energy has set a stunning new benchmark for renewable energy offtake deals in Australia – and sounded the alarm for energy incumbents – after committing to a long-term power-purchase agreement of below $60/MWh for the 530 MW Stockyard Hill Wind Farm in Victoria. Under the terms of the deal, Origin will sell Stockyard Hill Wind Farm – Australia’s largest wind development – to Chinese company and wind turbine manufacturer Goldwind for $110 million. At the same time it has agreed to buy all of the power generated by it, and the associated Renewable Energy Certificates, for less than $60/MWh, from the commencement of operations in 2019 to 2030. RenewEconomy understands that the strike price for the wind farm output is “well below” $60/MWh and closer to $50/MWh than $60/MWh. Green Car Reports: Energy Use for Hydrogen Fuel-Cell Vehicles Higher Than Electrics, Even Hybrids (Analysis) It's now clear that the zero-emission vehicles of the future will be powered by electric motors. The electricity to power those motors, however, will come from one of two competing technologies: high-capacity batteries or hydrogen fuel cells. The debate over which technology is superior, which has the lowest wells-to-wheels carbon footprint, and which is likely to appeal more to mass-market buyers has become ... epic. Our reader Victor A. Ettel, an electrochemical engineer and retired R&D executive, has had a lifelong interest in advanced transportation technologies, including hydrogen fuel-cell vehicles. He submitted an analysis comparing the energy usage of the two approaches that we felt was worthy of publication. BGR: With Zero Advertising, Elon Musk Says Model 3 Reservations Are Increasing Every Week When Elon Musk introduced the Model 3 last year, the excitement was palpable; hardly a surprise given that Tesla enthusiasts had been waiting years to see what the company’s more affordable version of the Model S was going to look like. And with a pricepoint of just $35,000, reservations for Tesla’s mass-market EV began skyrocketing almost immediately. Just 24 hours after the Model 3 was introduced to the world, Musk indicated that the cumulative number of reservations had surpassed 180,000. About 12 hours after that, Musk took to Twitter and said that the number of Model 3 reservations — which require a refundable $1,000 deposit — had reached 276,000. A few weeks later, word surfaced that Model 3 reservations were approaching 400,000 and that the car was effectively sold out through mid-2018. In fact, with so many preorders on the books, there’s a strong chance that anyone who puts an order in for a Model 3 today won’t receive the car until late 2018 at the absolute earliest. In a telling statement, Musk said that Model 3 “reservations continue to climb week after week.” That’s quite an impressive feat, especially given that Tesla, as Musk proudly pointed out, has done no advertising for the car and provides no test drives. By the time Midwesterners fire up their furnaces this fall, the $2 billion Nexus pipeline is supposed to be pumping natural gas to heat homes from frosty Ohio to frostier Ontario. But six months out, the 255-mile (410-kilometer) pipeline exists only on paper. Until President Donald Trump fills key vacancies at an energy regulator, Nexus and other sprawling energy projects are in limbo, unable to secure permits to begin construction. For Nexus developers DTE Energy Co. and Spectra Energy Partners LP, each week that passes threatens the project’s ability to meet winter demands. Nexus is just part of at least $50 billion worth of ventures slowed or stalled while the agency that approves them, the Federal Energy Regulatory Commission, awaits presidential appointments. For the first time in FERC’s 40-year-history, the agency doesn’t have enough commissioners for a quorum to vote on project applications.
News Article | May 4, 2017
"At My Best" was the number one most added song at Rhythmic radio and has amassed more than 51M+ streams globally to date. The song is currently #18 at Top 40 radio and is one of the fastest growing songs at the format. You can check out the video for "At My Best" HERE. Adding to his already blossoming year, Machine Gun Kelly is nominated for Top Rap Collaboration at this year's 2017 Billboard Music Awards. He will also be performing at the Alternative Press Music Awards on July 17. He has been nominated for both Song Of The Year and Best New Artist. The fourth annual APMAs will broadcast live from the Quicken Loans Arena in Cleveland, OH. Machine Gun Kelly recently took home a Radio Disney Music Award for Best Collaboration with his hit single "Bad Things." Pre-sale for the One More Light World Tour begins May 9 at http://presale.linkinpark.com. General on-sale is set for May 12. July 27 Boston, MA @ Xfinity Center Aug 1 Philadelphia, PA @ BB&T Pavilion Aug 2 Bristow, VA @ Jiffy Lube Live Aug 5 Uncasville, CT @ Mohegan Sun Arena Aug 7 Detroit, MI @ DTE Energy Music Theatre Aug 8 Toronto, ONT @ Budweiser Stage Aug 10 Montreal, QC @ Bell Centre Aug 12 Cincinnati, OH @ Riverbend Music Center Aug 14 Chicago, IL @ Hollywood Casino Amphitheatre Aug 15 St. Paul, MN @ Xcel Energy Center Aug 17 Charlotte, NC @ PNC Music Pavilion Aug 19 Tampa, FL @ MIDFLORIDA Credit Union Ampitheatre Aug 20 West Palm Beach, FL @ Perfect Vodka Amphitheatre Aug 22 Houston, TX @ Toyota Center Aug 23 San Antonio, TX @ AT&T Center Aug 25 Dallas, TX @ Starplex Pavilion Aug 26 Oklahoma City, OK @ Chesapeake Energy Arena Aug 28 Denver, CO @ Pepsi Center Arena Aug 30 Phoenix, AZ @ Talking Stick Resort Arena Sept 1 Lake Tahoe, NV @ Lake Tahoe Outdoor Arena at Harveys Sept 2 Las Vegas, NV @ MGM Grand Garden Arena Oct 14 Seattle, WA @ KeyArena Oct 15 Vancouver, BC Pepsi Live at Rogers Arena Oct 17 Fresno, CA @ Save Mart Center at Fresno State Oct 18 San Jose, CA @ SAP Center at San Jose Oct 20 San Diego, CA @Mattress Firm Amphitheatre Oct 22 Los Angeles, CA @ Hollywood Bowl To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/machine-gun-kelly-joins-linkin-park-on-one-more-light-world-tour-300451325.html
News Article | April 17, 2017
America’s Preferred Home Warranty (APHW) has been recognized as one of the 2017 “Michigan 50 Companies to Watch,” an awards program presented by Michigan Celebrates Small Business. America’s Preferred Home Warranty will be honored at an awards ceremony during the thirteenth annual Michigan Celebrates Small Business gala event, May 4, 2017 in Lansing, Michigan America’s Preferred Home Warranty is a Christian-based company founded in 1999 and headquartered in Jackson, Michigan. They offer home warranty services in 30 states with plans to expand nationwide within the next five years. They were also recently named 2017 Best Regional Home Warranty Company in the United States by HomeWarrantyReviews.com. Their warranty is a service agreement that pays toward repair or replacement of covered appliances and home systems that malfunction under normal conditions of use. “I am so pleased to receive this prestigious award that recognizes small business in the state of Michigan,” said Randy Caltrider, Owner and President of America’s Preferred Home Warranty. Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like America’s Preferred Home Warranty are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage. Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities. Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business. Founding underwriters are the Michigan Economic Development Corporation, PNC Bank, AF Group, and Dynamic Edge, Inc. Contributing Underwriters include Comcast Business Class, Consumers Energy, Dean Transportation, DTE Energy Foundation, EDGE Partners, Goldman Sachs 10,000 Small Businesses, Fifth Third Bank, Hungerford Nichols CPAs and Advisors, Michigan Credit Union League & Affiliates, Rehmann, Varnum Attorneys at Law, and Vistage Michigan. The Michigan Small Business Development Center is the managing partner of Michigan Celebrates Small Business in 2017. Michigan Celebrates Small Business was founded by the Michigan Small Business Development Center, Michigan Economic Development Corporation, U.S. Small Business Administration - Michigan, Edward Lowe Foundation, Chris Holman - Small Business Advocate, and the Small Business Association of Michigan. Information about Michigan Celebrates Small Business can be found at MichiganCelebrates.biz. For further information about America’s Preferred Home Warranty please call 1-800-648-5006 or visit APHW.com.
News Article | June 16, 2017
"The name is fitting," said DTE Energy Chairman and CEO Gerry Anderson. "From the beginning, we envisioned this public space would shine light on the western edge of downtown Detroit, becoming a beacon for development, a beacon to bring more visitors and businesses to Detroit, and a beacon of continued progress for a city in the midst of revitalization. We're looking forward to seeing young and old, Detroiters and visitors alike, enjoy Beacon Park and all of the exciting activities and programming it will offer year-round." The 1.5-acre Beacon Park will feature a restaurant and a central lawn with intimate walking paths and areas to sit, relax and recharge; a multi-use space for outdoor programmed activities; a site for perfomances; and areas for food truck vendors and bicycle parking. Both the park's location and its distinctive amenities will help spur development in the area. Sited between the entertainment district – home of Little Caesar's Arena, Comerica Park and Ford Field – the Central Business District, Corktown, Motor City Casino and MGM Grand Casino, Beacon Park is centrally located within quick walking distance to many of Detroit's largest sports and entertainment venues. The park's immediate impact will be felt in the number of visitors each year. Through a grant from the DTE Energy Foundation, more than 600 events will be planned for Beacon Park in 2017 by the Downtown Detroit Partnership (DDP), which expects that the public space will attract one million visitors each year. Nearly 50 events are planned for Beacon Park's Grand Opening weekend, July 20-23. "Safe and vibrant gathering places are the social and economic heartbeat of a thriving core, and Beacon Park expands the energy of renewal permeating downtown," said DDP CEO Eric Larson. "The Downtown Detroit Partnership is thrilled to partner with DTE Energy to add Beacon Park to the portfolio of the great public spaces we program, maintain and manage." DDP has scheduled a stellar lineup for the grand opening weekend. In addition to live music throughout the weekend, each day will feature special activities, including after-work parties on Thursday and Friday, a night market on Saturday featuring 25 unique boutiques and a gospel brunch followed by classical music on Sunday. Family activities, from inflatable games to a movie night, make the fun accessible for everyone. Grand Opening live entertainment includes indie sensation Lord Huron, American funk and soul band Robert Randolph & the Family Band as well as plena and bomba group Plena Libre. Impulse: An Interactive Art Exhibit will be on display at Beacon Park for the entire grand opening weekend. The work is comprised of giant illuminated seesaws that light up when ridden by visitors. Detroit is only the third city in the country to host the playful exhibit, which has primarily toured in Europe. According to the artists that created the exhibit, the seesaws are fitted with LED lights and speakers that produce a sequence of lights and sounds resulting in ever changing composition. Visit DTE Energy's blog, Empowering Michigan, for a full listing of the weekend activities. About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-beckons-visitors-to-downtown-detroit-with-a-public-space-filled-with-light-energy-and-motion---beacon-park-300475072.html
News Article | June 22, 2017
In addition, DTE is targeting an annual dividend increase of approximately 7 percent through 2019 - higher than the 5.6 percent average dividend increase over the past five years. The targeted increases, which are subject to Board approval, signal confidence in the Company's growth plan and are intended to bring DTE Energy's dividend payout ratio in line with industry peers. About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-declares-dividend-continues-delivering-on-7-percent-increase-300478610.html