Detroit, Jan. 22, 2025 (GLOBE NEWSWIRE) -- DTE Energy today reported the progress it made in 2024 in building a smarter, stronger, and more resilient electric grid for its customers. Due to the impact of enhanced work and increased investment in the electric grid, coupled with less extreme weather, DTE customers experienced a nearly 70% improvement in time spent without power between 2023 and 2024.
“When we invest, it works. Thanks to the combination of $1.5 billion of investment in the electric grid last year, coupled with less extreme weather, our customers experienced a significant improvement in electric reliability in 2024,” said Matt Paul, president and chief operations officer, DTE Electric. “Our work to build the electric grid of the future is showing results, but we have a lot of work ahead, and tremendous investment to be made, to achieve the sustained electric reliability improvements our customers demand and deserve.”
To make these improvements possible, DTE is focused on executing the company’s four-point plan to build the grid of the future that includes transitioning to a smart grid, updating existing infrastructure, rebuilding significant portions of the grid and trimming and removing trees away from our lines. In 2024 the company made significant progress including:
To stay informed about ongoing projects you can explore DTE Energy ’s Power Improvements Map or visit empoweringmichigan.com
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 company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/dte_energy and facebook.com/dteenergy.
CONTACT: Dave Akerly DTE Energy 313.235.5555