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Detroit Edison Co. is in the Energy Industry

Latest News and Analysis

  • Detroit Edison Announces Tree-Trimming Schedule

    Line clearance program improves electric service reliability DETROIT, July 2 /PRNewswire/ -- Detroit Edison line-clearance crews will be working in 44 Southeastern Michigan communities in July and August, continuing their year-round effort to maintain service reliability by keeping trees and branches away from power lines. ...

    Articles 2008-07-02

  • Detroit Edison Selects GE Hitachi Nuclear Energy's ESBWR Reactor Design

    Announcement Highlights Nuclear Energy's Near-Zero Emission Benefits while Meeting Future Energy Needs WILMINGTON, N.C. -- Seeking to address its energy and environmental protection goals, Detroit Edison DTE, Michigan's largest electric utility, has selected GE Hitachi Nuclear Energy's next-generation ESBWR advanced reactor design for a potential new unit at...

    Articles 2008-06-16

  • Fitch Rates Detroit Edison's $300MM Senior Notes 'A-'; Outlook Stable

    CHICAGO -- Fitch Ratings has assigned a 'A-' rating to Detroit Edison Co.'s DECo $300 million issuance of 5.60% senior notes, series G, due June 15, 2018. Proceeds from the sale will be used to repay short-term indebtedness and for general corporate purposes. DECo's Rating Outlook is Stable. ...

    Articles 2008-06-06

  • DTE Energy Declares Dividend

    DETROIT, June 6 /PRNewswire-FirstCall/ -- The DTE Energy Board of Directors has declared a $0.53 per share dividend on its common stock payable July 15, 2008, to shareholders of record at the close of business June 16, 2008. DTE Energy is a Detroit-based diversified energy company...

    Articles 2008-06-06

  • Detroit Edison Honored by National Arbor Day Foundation

    DETROIT, May 27 /PRNewswire/ -- Detroit Edison has been named a Tree Line USA Utility by the National Arbor Day Foundation -- the 13th straight year the company has been honored for its tree-trimming practices. The award recognizes utilities whose line-clearance programs include quality tree care, annual worker...

    Articles 2008-05-27

  • Detroit Edison's Conners Creek Power Plant Earns ISO 14001 Certification

    DETROIT, May 21 /PRNewswire/ -- Employees, company officials and guests today celebrated the Conners Creek Power Plant's successful completion of the ISO International Organization for Standardization 14001 certification process. The Conners Creek Power Plant, located at 100 Lycaste St., is the 14th DTE Energy facility to receive...

    Articles 2008-05-21

  • Planting the Right Tree in the Right Spot Helps Avoid Power Outages and Reduce Energy Costs

    DETROIT, May 21 /PRNewswire/ -- With tree planting and landscaping season under way, DTE Energy subsidiary Detroit Edison is encouraging customers to plant trees that will not grow into and interfere with power lines and underground transformers. Planting the right trees or shrubs in the right spot may...

    Articles 2008-05-21

  • DTE Energy Warns Customers to Look Out for Con Artists Posing as Utility Workers

    DETROIT, May 20 /PRNewswire/ -- DTE Energy and its Detroit Edison and MichCon subsidiaries are warning customers to look out for con artists posing as utility workers in order to gain access to homes and personal property. These impostors frequently strike in the spring as the weather warms up....

    Articles 2008-05-20

  • Detroit Edison Contributes to Ford Motor Co. Energy Star 2007 Partner Award from U.S. Environmental Protection Agency

    DETROIT, May 14 /PRNewswire/ -- Through its Energy Partnership program, Detroit Edison has helped Ford Motor Company earn its third consecutive Energy Star Partner of the Year Award in Energy Management from the U.S. Environmental Protection Agency EPA. In announcing the award, the EPA noted that Ford...

    Articles 2008-05-14

  • Detroit Edison Announces Tree-Trimming Schedule

    Line clearance program improves electric service reliability DETROIT, May 13 /PRNewswire/ -- Detroit Edison line-clearance crews will be working in 50 Southeastern Michigan communities in May and June, continuing their year-round effort to maintain service reliability by keeping trees and branches away from power lines. ...

    Articles 2008-05-13

  • DTE Energy Raises 2008 Earnings Guidance; Reports Strong First-Quarter Results

    DETROIT, April 30 /PRNewswire-FirstCall/ -- DTE Energy is raising its guidance for 2008 operating earnings to $2.80 to $3.20 per diluted share from its previous guidance of $2.70 to $3.10 per diluted share. "I am pleased to raise our operating earnings guidance for 2008 based on...

    Articles 2008-04-30

  • DTE Energy's Louie the Lightning Bug Available to Teach Kids How to Stay Safe Around Electricity

    DETROIT, April 29 /PRNewswire/ -- DTE Energy's safety mascot, Louie the Lightning Bug, is available to make electrical safety presentations at children's summer school and safety town programs. Louie and his partners -- students from Eastern Michigan University's Children's Theatre Department -- will teach children how electricity works...

    Articles 2008-04-29

  • Fitch Comments on Pending Michigan Electric Law

    CHICAGO -- Last week, the Michigan House of Representatives passed House Bill HB 5524, which would provide for significant changes to Michigan's electricity regulatory framework if enacted into law. Overall, Fitch considers the legislation, as proposed, supportive of the credit of investor-owned electric utilities operating within the state because it...

    Articles 2008-04-23

  • Detroit Edison Offers Kite Flying Safety Tips

    DETROIT, April 22 /PRNewswire/ -- Spring is finally here and the sky soon will be dotted with brightly colored kites and radio-controlled model airplanes. While enjoying the outdoors, Detroit Edison reminds kite and model airplane fliers to play it safe around electricity by following these simple rules: ...

    Articles 2008-04-22

  • DTE Energy Exec to Speak at American Gas Association Financial Forum

    DETROIT, April 21 /PRNewswire-FirstCall/ -- DTE Energy President and Chief Operating Officer Gerard M. Anderson will provide a business update at the American Gas Association Financial Forum at approximately 9:05 a.m. EDT May 5. The conference audio and presentation materials will be available via webcast through a...

    Articles 2008-04-21

  • Help the Environment and Get an IKEA Gift Card in the Process

    DETROIT, April 15 /PRNewswire/ -- How can you help the environment, and get a free IKEA gift card at the same time? By signing up for DTE Energy's GreenCurrents renewable energy program April 19, 20 or 22 at the IKEA store in Canton. GreenCurrents is a...

    Articles 2008-04-15

  • Detroit Edison Announces Tree-Trimming Schedule

    To: ENERGY EDITORS Contact: Eileen Dixon, +1-313-235-9154, or Len Singer, +1-313-235-8809, both of Detroit Edison DETROIT, Feb. 29 /PRNewswire/ -- Detroit Edison line-clearancecrews will be working in 39 Southeastern Michigan communities inMarch and April, continuing their year-round effort to maintainservice reliability by keeping trees and branches away from powerlines....

    Articles 2008-02-29

  • Fitch: CMS' 'BB+' IDR Unaffected by Dearborn Contract Terminations

    CHICAGO -- CMS Energy Corp.'s recent announcement that indirect subsidiary, Dearborn Industrial Generation LLC DIG has reached agreements to terminate unprofitable electricity sales agreements with Ford Motor Company and Severstal North America Inc. SNA will not have any effect on the ratings or Rating Outlook of CMS, according to Fitch...

    Articles 2007-12-04

  • Fitch Affirms Detroit Edison IDR at 'BBB'; Outlook Revised to Stable

    CHICAGO -- Fitch Ratings has affirmed the following ratings on Detroit Edison Company DECo and revised its Rating Outlook to Stable from Positive: --Long-term Issuer Default Rating IDR at 'BBB'; --Short-term IDR at 'F2'; --Senior secured debt at 'A-'; --Preferred stock at...

    Articles 2007-11-29

  • Research and Markets: Detroit Edison Energy Company Subsidiary's Generating Capacity Amounted to 11,113 Megawatts During the Fiscal Year Ended December 2006

    DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c75943) has announced the addition of Premium Company Profile DTE Energy Company to their offering. Introduction DTE Energy Company, being one of the very few US utility companies having a presence across the entire energy value chain, plans to continue...

    Articles 2007-11-29

  • Incorporated: 1903

Detroit Edison, a public utility subject to regulation by the Michigan Public Service Commission and Federal Energy Regulatory Commission, is engaged in the generation, purchase, distribution and sale of electric energy to approximately 2.2 million customers in a 7,600 square mile area in southeastern Michigan. Co. generates electricity from its numerous fossil plants, a hydroelectric pumped storage plant and a nuclear plant, and purchases electricity from electricity generators, suppliers and wholesalers. The electricity Co. generates and purchases is sold to four major classes of customers: residential, commercial, industrial and wholesale, principally throughout Michigan.

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Detroit Edison Co. Company Info

Board of Directors

Anthony F. Earley Jr.

Chmn.

Susan M. Beale

David E. Meador

Contact Information

2000 Second Avenue

Detroit, MI

313 235-8000

NAICS Code

Electric Power Distribution: 221122