Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 195

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 195
---
,120 2,220 2,170 Total DTE Electric Sales and Deliveries10,724 11,057 21,454 21,657 

Fuel and purchased power — utility expense increased $15 million and $58 million in the three and six months ended June 30, 2025, respectively.  The increase in both periods was due to the following:

Three Months(In millions)Gas - higher prices and consumption$21 Nuclear fuel - higher amortization due to refueling outage in 20248 Coal - lower prices, partially offset by higher consumption(18)Other4 $15 

58

Six Months(In millions)Coal - higher consumption, partially offset by lower prices$42 Gas - higher prices, partially offset by lower consumption12 Nuclear fuel - higher amortization due to refueling outage in 202412 Higher transmission expenses8 Purchased power - lower volumes primarily due to higher generation, partially offset by higher prices(27)Other11 $58 

Operation and maintenance expense increased $35 million and decreased $4 million in the three and six months ended June 30, 2025, respectively.  The increase in the second quarter was primarily due to higher plant generation expense of $11 million, higher corporate support costs of $7 million, higher legal expense of $6 million, higher distribution operations expense of $5 million, and higher benefits and other compensation expense of $5 million.  The decrease in the six-month period was primarily due to one-time costs in 2024 of $32 million resulting from the voluntary separation incentive program, partially offset by higher benefits and other compensation expense of $11 million, higher EWR expense of $9 million, and higher legal expense of $9 million.

Depreciation and amortization expense increased $23 million and $52 million in the three and six months ended June 30, 2025, respectively.  The increase in both periods was primarily due to higher depreciable base.

Taxes other than income increased $10 million in the six months ended June 30, 2025.  The increase in the six-month period was primarily due to higher property taxes.

Other (Income) and Deductions increased $5 million and $20 million in the three and six months ended June 30, 2025, respectively.  The increase in the second quarter was primarily due to higher net interest expense of $14 million, partially offset by higher investment earnings of $4 million,