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PR Newswire·

DTE Energy reports first quarter 2026 accomplishments, investments and financial results

  • DTE Energy invested over $1.2 billion in its utilities during Q1 2026 & remains on pace to invest over $6 billion for the full year.
  • The company secured an agreement to power Google's new 1 gigawatt data center in Van Buren Township, Michigan, with Google covering all associated costs to generate nearly $1.7 billion in affordability benefits for existing customers.
  • DTE Electric invested $400 million in electric distribution infrastructure in Q1 2026 to improve grid reliability & resilience.
  • During severe March weather events, DTE experienced 60% fewer outages compared to similar historical events & restored power to 99% of affected customers in under 48 hours.
  • DTE marked 10 years of its Energy Efficiency Makeover contest, awarding $150,000 total to small businesses over the decade & recently granting $5,000 each to three new winners.
  • First quarter 2026 reported earnings were $247 million ($1.19 per diluted share), down from $445 million ($2.14 per diluted share) in 2025, while operating earnings were $407 million ($1.95 per diluted share) compared to $436 million ($2.10 per diluted share) in 2025.
  • DTE confirmed 2026 operating EPS guidance of $7.59 to $7.73.
  • The company was named a Gallup Exceptional Workplace for the 14th consecutive year, placing it in the top 6% of companies globally, & received multiple "Best Places to Work" honors for 2026.