|  |  |  |
|--|--|--|
|  |

|                                                                |  |                                                     |  |  |  |  |  |  |
|----------------------------------------------------------------|--|-----------------------------------------------------|--|--|--|--|--|--|
| Delaware                                                       |  | 93-2580132                                          |
| (State or other jurisdiction of incorporation or organization) |  | (I.R.S Employer Identification No.)                 |
| One Energy Plaza, Detroit, Michigan 48226-1279                 |  | 313-235-4000                                        |
| (Registrants address of principal executive offices)           |  | (Registrants telephone number, including area code) |

|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------|---------|----|---------|--|--|--|--|--|--|--|--|--|--|--|--|
| Securities registered pursuant to Section 12(b) of the Act:                                                                                                                                                                                                                                                                                                                   |  | None |
|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |
| Securities registered pursuant to Section 12(g) of the Act:                                                                                                                                                                                                                                                                                                                   |  | None |
|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |
| Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.                                                                                                                                                                                                                                                      |  | Yes  | ☐ | No | ☒ |
|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |
| Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.                                                                                                                                                                                                                                            |  | Yes  | ☐ | No | ☒ |
|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |
| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. |  | Yes  | ☒ | No | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                   |  |      |         |    |         |
| Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).                                                                          |  | Yes  | ☒ | No | ☐ |

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|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |  |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------|---------|----|---------|--|--|--|--|--|--|--|--|--|--|--|--|
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.  See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. |  |      |         |    |         |
| Large accelerated filer                                                                                                                                                                                                                                                                                                                                                                      |  |      |         |    | ☐ |
| Accelerated filer                                                                                                                                                                                                                                                                                                                                                                            |  |      |         |    | ☐ |
| Non-accelerated filer                                                                                                                                                                                                                                                                                                                                                                        |  |      |         |    | ☒ |
| Smaller reporting company                                                                                                                                                                                                                                                                                                                                                                    |  |      |         |    | ☐ |
| Emerging growth company                                                                                                                                                                                                                                                                                                                                                                      |  |      |         |    | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                                                                                                                                   |  |      |         |    | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.                                         |  |      |         |    | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflects the correction of an error to previously issued financial statements.                                                                                                                                           |  |      |         |    | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive based compensation received by any of the registrants' executive officers during the relevant recovery period pursuant to §240.10D-1(b).                                                                                                                  |  |      |         |    | ☐ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                                                                                                                                                                                                                                                                             |  | Yes  | ☐ | No | ☒ |
|                                                                                                                                                                                                                                                                                                                                                                                              |  |      |         |    |         |
| The aggregate market value of the member's equity held by non-affiliates of the Registrant as of June 30, 2023:                                                                                                                                                                                                                                                                          |  | None |

|                            |  |           |  |                         |  |  |  |  |  |  |  |  |  |  |
|----------------------------|--|-----------|--|-------------------------|--|--|--|--|--|--|--|--|--|--|
| PricewaterhouseCoopers LLP |  | 238       |  | Los Angeles, California |
| (Auditor Name)             |  | (Firm ID) |  | (Auditor Location)      |

|  |  |  |
|--|--|--|
|  |

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|                                                                                                     |  |     |  |                               |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------------|--|-----|--|-------------------------------|--|--|--|--|--|--|--|--|--|--|
| Name                                                                                                |  | Age |  | Present PositionHeld Since    |
| David S. Ruud                                                                                       |  | 57  |  |                               |
| President and Manager of DTE Electric Securitization Funding II LLC                                 |  |     |  | 11/2023 to Present        |
| Executive Vice President and Chief Financial Officer of DTE Energy Company and DTE Electric Company |  |     |  | 5/2020 to Present(1)      |
| Christopher J. Allen                                                                                |  | 44  |  |                               |
| Treasurer and Manager of DTE Electric Securitization Funding II LLC                                 |  |     |  | 11/2023 to Present        |
| Vice President and Treasurer of DTE Energy Company and DTE Electric Company                         |  |     |  | 6//2021 to Present(1) |
| Timothy J. Lepczyk                                                                                  |  | 41  |  |                               |
| Secretary and Manager of DTE Electric Securitization Funding II LLC                                 |  |     |  | 11/2023 to Present        |
| Assistant Treasurer of DTE Energy Company and DTE Electric Company                                  |  |     |  | 8/2021 to Present(1)      |
| Michelle A. Dreyer                                                                                  |  | 52  |  |                               |
| Independent Manager of DTE Electric Securitization Funding II LLC                                   |  |     |  | 11/2023 to Present        |
| Managing Director, Global Restructuring and Independent Director of CSC Global                      |  |     |  | 3/2022 to Present(2)      |

----

|                   |  |                                                                                                                                                          |  |  |  |  |  |  |
|-------------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|--|--|
| (a)(1) and (a)(2) |  | Financial Statements and Financial Statement Schedules are omitted pursuant to General Instruction J of Form 10-K as listed under Item 8 of this report. |
|                   |  |                                                                                                                                                          |
| (a)(3) and (b)    |  | Refer to exhibit listing below.                                                                                                                          |
|                   |  |                                                                                                                                                          |
| (c)               |  | None.                                                                                                                                                    |

|                |  |                                                                                                                                                                                                                                                                                                                                                                |  |  |  |  |  |  |
|----------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|--|--|
| Exhibit Number |  | Description                                                                                                                                                                                                                                                                                                                                                    |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
|                |  | (i) Exhibits filed herewith:                                                                                                                                                                                                                                                                                                                               |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 31.1           |  | Certification pursuant to Rule 13a-14(d)/15(d)-14(d)                                                                                                                                                                                                                                                                                                       |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 33.1           |  | Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for DTE Electric Company, Servicer                                                                                                                                                                                                                                         |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 33.2           |  | Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Issuers for U.S. Bank Trust Company, National Association, Indenture Trustee                                                                                                                                                                                                       |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 34.1           |  | Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of PricewaterhouseCoopers LLP on behalf of DTE Electric Company, Servicer                                                                                                                                                                                   |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 34.2           |  | Attestation Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities of Ernst & Young LLP on behalf of U.S. Bank Trust Company, National Association, Indenture Trustee                                                                                                                                                      |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 35.1           |  | Servicer Compliance Statement                                                                                                                                                                                                                                                                                                                                  |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
|                |  | (ii) Exhibits furnished herewith:                                                                                                                                                                                                                                                                                                                     |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
|                |  | None.                                                                                                                                                                                                                                                                                                                                                          |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
|                |  | (iii) Exhibits incorporated by reference:                                                                                                                                                                                                                                                                                                             |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 3.1            |  | Certificate of Formation of DTE Electric Securitization Funding II LLC, dated as of July 24, 2023 (Exhibit 3.1 to the Form SF-1 filed August 11, 2023, and incorporated herein by reference)                                                                                                                                                                   |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 3.2            |  | Amended and Restated Limited Liability Company Agreement, dated as of October 17, 2023, of DTE Electric Securitization Funding II LLC (Exhibit 3.2 to the Form 8-K filed October 20, 2023, and incorporated herein by reference)                                                                                                                               |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 4.1            |  | Indenture by and among DTE Electric Securitization Funding II LLC and U.S. Bank Trust Company, National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)                                                                  |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 4.2            |  | Series Supplement by and among DTE Electric Securitization Funding II LLC, U.S. Bank Trust Company, National Association as the Indenture Trustee and U.S. Bank National Association as a securities intermediary and an account bank, dated as of November 1, 2023 (Exhibit 4.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference) |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 10.1           |  | Securitization Property Servicing Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Servicer, dated as of November 1, 2023 (Exhibit 10.1 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)                                                                                                 |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 10.2           |  | Securitization Property Purchase and Sale Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Seller, dated as of November 1, 2023(Exhibit 10.2 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)                                                                                            |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 10.3           |  | Administration Agreement between DTE Electric Securitization Funding II LLC and DTE Electric Company, as Administrator, dated as of November 1, 2023 (Exhibit 10.3 to the Form 8-K filed November 1, 2023, and incorporated herein  by reference)                                                                                                              |
|                |  |                                                                                                                                                                                                                                                                                                                                                                |
| 10.4           |  | Intercreditor Agreement by and among DTE Electric Company, DTE Electric Securitization Funding I LLC, DTE Electric Securitization Funding II LLC, The Bank of New York Mellon and U.S. Bank Trust Company, National Association, dated as of November 1, 2023 (Exhibit 10.4 to the Form 8-K filed November 1, 2023, and incorporated herein by reference)      |

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|  |         |                                            |  |  |  |  |  |  |
|--|---------|--------------------------------------------|--|--|--|--|--|--|
|  |         | DTE ELECTRIC SECURITIZATION FUNDING II LLC |
|  |         | (Issuing Entity)                           |
|  |         |                                            |
|  | By: | DTE ELECTRIC COMPANY, as Servicer          |
|  |         |                                            |
|  |         | /S/  TRACY J. MYRICK     |
|  |         | Tracy J. MyrickChief Accounting Officer    |