Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 8

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 8
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 equipping area residents with skills and opportunities for higher-paying jobs.

o Honored with Civic 50 award: For the seventh consecutive year, Points of Light recognized DTE as one of the Top 50 Most Community-Minded Companies in the United States through the organization’s Civic 50 Award. This award is only made possible through DTE team members’ dedication, the company’s longstanding partnerships and support from the communities DTE serves.

o Helped residents restore their driver’s license: DTE supported license restoration clinics, led by the Michigan Department of State, with volunteers and funding to serve almost 10,000 Michiganders at 49 clinics statewide, to help them get back on the road to success.

o Committed to improving electric reliability for customers: DTE continues to invest in building the electric grid of the future that will reduce power outages by 30% and cut outage duration in half over the next 5 years by transitioning to a smarter grid, updating existing infrastructure, rebuilding significant portions of the grid and trimming trees.

o Celebrated 175 years of service at DTE Gas: In March 2024, DTE Gas celebrated 175 years of providing safe, reliable and affordable service to natural gas customers across Michigan – everyone from families to corner stores to automotive factories. The company has consistently adapted to meet Michigan’s evolving energy needs for nearly two centuries and is committed to continuing to do so.

■ Made a difference for our customers:

o Supported customers in need: DTE connected vulnerable customers to nearly $144 million in energy assistance.

o Installed nearly 1,000 free air conditioners for people in need in metro Detroit: As summer temperatures rose, DTE’s Energy Efficiency Assistance (EEA) team delivered free AC units and made home repairs for local income-qualified customers as part of an ongoing effort to support vulnerable populations. As a part of the initiative, customers may also receive additional assistance including weatherization, new appliances and insulation to ensure their homes meet health and safety standards.

o Reduced customers' bills by $300 million in fuel and transportation cost savings: Reduced the Power Supply Cost Recovery (PSCR) mechanism, which represents the actual cost of the fuel and other sources the company uses to produce electricity, by approximately $300 million. This adjustment reduced residential customers’ average electric bill by approximately $5 per month starting in November 2024.

■ Renewed commitment to a diverse supply chain: In 2024, DTE spent nearly $1 billion with certified diverse suppliers and earned eight supplier diversity industry awards.