September 18, 2014 8:33 PM ET

Electric Utilities

Company Overview of DTE Electric Company

Company Overview

DTE Electric Company, an electric utility, is engaged in the generation, purchase, distribution, and sale of electricity in southeastern Michigan. The company generates electricity from various fossil-fuel plants, a hydroelectric pumped storage plant, a nuclear plant, and wind and other renewable plants, as well as purchases electricity from generators, suppliers, and wholesalers. It owns and operates 669 distribution substations with a capacity of approximately 33,418,000 kilovolt-amperes (kVA) and approximately 428,600 line transformers with a capacity of approximately 23,272,000 kVA. It serves approximately 2.1 million customers, including residential, commercial, and industrial clients. ...

One Energy Plaza

Detroit, MI 48226

United States

Founded in 1903

4,800 Employees

Phone:

313-235-4000

Key Executives for DTE Electric Company

Chairman and Chief Executive Officer
Age: 55
President and Chief Operating Officer
Age: 58
Chief Financial Officer and Senior Vice President
Age: 48
Senior Vice President of Major Enterprise Projects
Age: 62
Senior Vice President of Electical Operations
Age: 61
Compensation as of Fiscal Year 2014.

DTE Electric Company Key Developments

DTE Electric Company Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

DTE Electric Company reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, operating earnings were $129 million against $89 million a year ago. For the six months, operating earnings were $265 million against $204 million a year ago.

DTE Electric Company Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

DTE Electric Company announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating earnings of $136 million or $0.77 per share compared to $115 million or $0.66 per share a year ago.

DTE Electric Company Provides Earnings Guidance for the Year 2014

DTE Electric Company provided earnings guidance for the year 2014. For the year, the company expects operating earnings between $520 million to $530 million and capital expenditure between $1,325 million to $1,600 million.

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