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DTE Energy reports second quarter 2026 accomplishments, investments and earnings

DTE
  • DTE Energy invested over $2.6 billion in its utilities during the first half of 2026 to strengthen infrastructure, improve reliability, & deliver cleaner energy.
  • The company invested over $900 million specifically to improve electric reliability while supporting customer affordability through grid modernization & smart technology.
  • Smart grid technology prevented more than 49,000 outages in the first half of 2026 & over 90,000 outages since the program began in 2023.
  • DTE plans to refrain from filing another electric rate request until at least 2028, providing customers two years without rate increases after the current request concludes.
  • A $1.6 billion investment in battery storage was made in partnership with LG Energy Solution Vertech to develop eight projects across Michigan with 1.5 gigawatts of capacity.
  • The battery storage partnership is expected to generate an estimated $2.3 billion in total economic benefit for Michigan residents.
  • DTE expanded a renewable energy partnership with the University of Michigan to eliminate emissions tied to electricity use by 2027 via a new solar park in Lenawee County.
  • DTE Energy received the Edison Electric Institute's 2026 Supplier Engagement Excellence Award for its commitment to supplier partnerships & local economic growth.
  • Second quarter 2026 reported earnings were $282 million ($1.35 per diluted share), compared to $229 million ($1.10 per diluted share) in 2025.
  • Second quarter 2026 operating earnings were $274 million ($1.32 per diluted share), compared to $283 million ($1.36 per diluted share) in 2025.
  • DTE Energy confirmed its 2026 operating earnings per share guidance range of $7.59 to $7.73.