Jul 24, 2018 dte, consumers energy cut power rates. Due to the covid19 pandemic and the current stay home, stay safe executive order from governor whitmer, there could be work stoppage to this project, which would prolong the original estimated 10 week timeline. Dte stock dte energy stock price today markets insider. Dte energy co comparisons to its competitors, market share. Mpscapproved dte electric rate books and cancelled sheets. Even with this price adjustment, average residential bills will be about the same as they were in 20 due to the elimination or decrease in.
During the past 12 months, dte energy cos average book value per share growth rate was 7. Mpsc mpsc approves dte electric rate increase, ev pilot. New york stock quote dte energy co bloomberg markets. Dte energy company dte energy announces common share and. The michigan public service commission has approved dte energy co. As we continue to make improvements, modernize our infrastructure, bring more clean energy online, and support our communities, we have managed to keep rates competitive. In depth view into dte energy co book value per share explanation, calculation, historical data and more. Access the electric rate book, gas rate book, and steam rate book for the state of colorado. Margaret lewis is a retired court reporter who lives in a big, older home in highland park the kind you say has good bones, because it needs some work. Jamie scripps 5 lakes energy is a michiganbased policy.
Price book value is a widely used stock evaluation measure. Consumers energy company to reformat rate book consumers energy company. Dte electric customers will see a change in their bills as of december 17, 2015. The dte account manager is responsible for all negotiations with the primary customer pertaining to high voltage and primary installations on customer premises. More than 4 million people in 45 michigan counties rely on consumers energy for their natural gas service, making us one of the nations largest natural gas distribution companies. Dte primary services will follow matters of design, acceptance, inspection, and testing, as well as customer operation and maintenance of the installation. Find out all the key statistics for dte energy company dte, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. New york including stock price, stock chart, company news, key statistics, fundamentals and company profile. Dte electricity rates to rise, but utility doesnt get its. Dte energy co dte q1 2020 earnings call transcript apr 28, 2020. The assets may be carried on the balance sheets at the original cost minus depreciation. Nyse composite index mini value new methodology 1,100. Dte electric company cancels fourth revised sheet no. One simple hub services agreement allows you to conduct all these transactions.
Commercialindustriallarge residential service information. The list of values are from the dte esig \green book \. By dividing book value by the total number of shares outstanding, you can find book value per share. State commission approves dte energys revised energy plan. With preliminary data so far, the utilities say that with more customers driving evs, program incentives could drive down rates for all customers by millions of dollars. If volumes nominated exceed system capability during this time, cuts may be made per sections 3. Posted mar 28, 2018 a turbine at dte energy s pinnebog wind park in huron county. Learn whether youre on the right energy rate plan, explore your options and discover special plans for green energy, air conditioning savings and more. Provision will be made for dte hazardous energy control hec points subject to dte primary services approval. Natural gas prices as filed with the michigan public service commission.
Historical price to book ratio values for dte energy dte over the last 10 years. However, if you are newer to the sport, you might not know mountain bikings long standing codes of conduct. Dte energy announces pricing of common shares and equity. Dte energy is a detroitbased diversified energy company involved in the development and management of energy related businesses and services nationwide. The following tariff documents are available in pdf format. Oct 30, 2019 press release dte energy announces pricing of common shares and equity units published. Michigan public service commission approved rate schedules, special contracts, rules, regulations, and standard forms governing the distribution, sale, andor storage of natural gas or propane in michigan. Facts to consider before switching natural gas suppliers regardless of who you choose as your natural gas supplier, dte energy will remain the reliable energy company you trust to deliver natural gas to your home, respond to emergencies and read your meter. Mpsc mpscapproved dte electric rate books and cancelled.
Dte energy announces common share and equity unit offerings. Dte intends to use the net proceeds from this offering for the purchase of midstream natural gas assets. In depth view into dte energy price to book value including historical data from 1972, charts, stats and industry comps. View daily, weekly or monthly format back to when dte energy company stock was issued. Dte electric company chapter 11 of the service installation manual green book january 2019 revision. The utility imposed its own rate hike as it awaited action by michigan public service commission and state regulators. The dte gas company rate book can be found on the michigan public service commission website. Energy charges for this outage scenario would be calculated as. Discover historical prices for dte stock on yahoo finance. Find the latest dte energy company 2012 series dtq stock quote, history, news and other vital information to help you with your stock trading and investing. Dte electricity rates to rise, but utility doesnt get its residential solar rate wish.
Greenbacks cash gives you cash toward a replacement. Electric bill insert electric rate card electric rate book explore natural gas rates. Dte research and analysis for dte energy company msn money. In the matter of the application of dte electric company for authority to increase its rates, amend its rate schedules and rules governing the distribution and supply of electric energy, and for miscellaneous accounting authority. A key aspect to the threeyear plans from dte energy and consumers energy is incentivizing ev drivers to charge at home during offpeak hours at night. To ensure your personal information is safe and secure online, all transactions are encrypted and conducted on a secure server. Average energy prices, detroitwarrendearborn march. Compare our gas rates with those of other suppliers. These standard rules and regulations and rate schedules contained herein have been adopted by the company to govern its relations with customers and have been approved by the michigan public service commission as an integral part of. Michigan approves rate hike for dte electric, but your. Dte gets ok to raise electricity rates 4% associated press published 4. Dtes purchase of 3 wind parks approved as it plans largest. Find the latest price book value for dte energy company dte. The pev timeofuse rate is available to customers using level 2 electric vehicle supply equipment and requires a separate meter, which dte provides.
Advocates for lowincome customers say dte energy s latest rate increase proposal is too high. Electric bill insert electric rate card electric rate book. Now its even easier for you to capture additional value at washington 10. These standard rules and regulations and rate schedules contained herein have been adopted by the company to govern its relations with customers and have been approved by the michigan public service commission as an integral part of its rate. Commercialindustriallarge residential service information this area to be filled out by electrician or electrical contractor. Dte energy company 2012 series dtq stock price, quote. Dte energy offers two rate options to qualified residential customers for charging pevs. Jul 18, 2019 the parks would increase dte s renewable energy portfolio nearly 50 percent, adding a total of 455 megawatts of renewable energy, or enough to power 107,000 homes. Many residential dte customers will see a nearly 9% increase in their electric bills under a rate increase approved by the. Dte gas company rate book for natural gas service these standard rules and regulations and rate schedules contained herein have been adopted by the company to govern its relations with customers and have been approved by the michigan public service commission as an integral part of its rate book for natural gas service. The current price to book ratio for dte energy as of may 01, 2020 is 1.
Mpscapproved electric utility rate books and cancelled sheets. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 6. You cannot access your dte energy account from the page you requested. During the past 3 years, the average book value per share growth rate was 6. This means communications between your computer and dte energy are converted to a secure and nonreadable format for your protection. The increase represents a 4 percent increase for customers. Apr 01, 2020 the following downloadable forms are available in pdf format. New energy laws that went into effect last year ended the selfimplementation option, and dte s is the last rate case of any utility where the practice is allowed, according to the public. Find the latest dividend history for dte energy company common stock dte at. Michigan public service commission approved rate schedules, rules, regulations, and.
Its operating units include an electric utility serving 2. For fercapproved books, see electric tariff books page. Dte s most recent quarterly dividend payment was made to shareholders of record on wednesday, april 15. Michigan approves rate hike for dte electric, but your bill wont rise. Dte energy company common stock dte dividend history. Dte energy price to book ratio 20062020 dte macrotrends. Jan 31, 2017 dte gets ok to raise electricity rates 4% associated press published 4. We are regulated by the michigan public service commission mpsc an independent third party that ensures transparency and fair pricing for all customers. This text should match the description used for the first filing of this case. The following downloadable forms are available in pdf format. May 02, 2019 advocates for lowincome customers say dte energy s latest rate increase proposal is too high. Michigan utilities look to lower rates through ev time of. Energy efficiency events your energy savings mvweb, or the detailed usage data program, is an internetbased communications solution that provides you with easy access to load profile data. The current price to book ratio for dte energy as of may 04, 2020 is 1.
Dte electric company rate book for electric service these standard rules and regulations and rate schedules contained herein have been adopted by the company to govern its relations with customers and have been approved by the michigan public service commission as an integral part of its rate book for electric service. Usually a companys book value and tangible book per share may not reflect its true value. Your electric energy bill is reflective of the total amount of energy used kwh as measured by an actual meter reading during your billing cycle. Energy charges are calculated using the offpeak energy charge rate of 3.
Dte gas company offers information about the companys rate book and other important tariffs charged for service. Dte energy formerly detroit edison until 1996 is a detroit based diversified energy company involved in the development and management of energy related businesses and services in the united states and canada. Our rate cards are updated frequently and available for your viewing below. To see the most recent rates, view the current rate card. Dte energy cos book value per share for the quarter that ended in dec. Natural gas utility rate books and special contracts. Khouri vice president regulatory affairs detroit, michigan dte gas company rate book for natural gas service these standard rules and regulations and rate schedules contained herein have been adopted by the company to. Comparing the results to its competitors, dte energy co reported total revenue decrease in the 1 quarter 2020 year on year by 14 %, faster than overall decrease of dte energy cos competitors by 11. Assistant commissioner for regional operations charlene peiffer noted that area gasoline prices were lower compared to a year ago in march when they. Dte and consumers energy rate adjustments will be reflected in customer bills starting in august. This may underestimate the true economic values of the assets. Mpsc approves dte electric rate increase, ev pilot, denies system access charge for renewable energy for immediate release may 2, 2019.
Dte gas company legal entity name change issued february 6, 20 n. We have been very successful providing substantial savings to michcon dte customers. Stanczak vice president regulatory affairs detroit, michigan dte electric company rate book for electric service these standard rules and regulations and rate schedules contained herein have been adopted by the. View the latest dte financial statements, income statements and financial ratios. Its utility operations consist of detroit edison and michcon and nonutility subsidiaries are engaged in energy. The most recent approved dte electric company rate book is located on the michigan public service commission website. Jan 30, 2019 1,200plus dte customers agree to pay higher rates for renewable energy updated jan 30, 2019.
1219 647 613 1092 954 1304 535 625 1261 1499 1415 1231 503 856 1518 101 611 822 235 169 247 51 773 450 1125 602 452 582 1077 577 89 1368