DTE Energy announces electric reliability progress: Customers experienced a 70% improvement in time spent without power in 2024

Grid Improvements and Investments - DTE Energy achieved a nearly 70% improvement in power outage duration for customers between 2023 and 2024, driven by $1.5 billion in grid investments and less extreme weather [1][2] - The company is executing a four-point plan to build the grid of the future, focusing on smart grid transition, infrastructure updates, grid rebuilding, and tree trimming [2] - In 2024, DTE commissioned over 450 new circuit automation devices, helping to isolate outages and restore power faster, avoiding nearly 10,000 outages and 4 million minutes of power interruption [4] - Smart grid technologies, such as automatic pole top switches, have already prevented over 50,000 customer outages [4] Infrastructure Upgrades - DTE rebuilt significant sections of the grid, including constructing 12 new substations, with three beginning construction in late 2024 [4] - The company upgraded over 850 miles of electric lines and replaced nearly 3,400 power poles in 2024 [4] - Tree trimming and removal efforts covered more than 4,300 miles in 2024, addressing a major cause of power outages, with over 31,000 miles of overhead infrastructure cleared over the past five years [4] Company Overview - DTE Energy is a diversified energy company based in Detroit, operating an electric utility serving 2.3 million customers in Southeast Michigan and a natural gas utility serving 1.3 million customers across Michigan [3] - The company is accelerating its carbon reduction goals and is involved in renewable energy generation, energy marketing, and custom energy solutions [3]