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Dte Energy Company DTE - News Analyzed: 3,849 - Last Week: 100 - Last Month: 497

β‡— DTE Advances Clean Energy Initiatives Despite Controversy

DTE Advances Clean Energy Initiatives Despite Controversy
DTE Energy Company continues its efforts towards sustainability and clean energy with the release of its 'CleanVision Sustainability Report', highlighting progress in providing cleaner, more reliable, and affordable energy. The company also details how its customers have been able to realize significant savings through its energy efficiency program. It has been proactive in training talent and facilitating career advancement in the energy efficiency sector, notably in Muskegon. Despite sporadic losses, DTE Energy maintains a competent performance, outperforming competitors in the stock market. DTE Energy's Rate of Equity (ROE) sits at an impressive 12%. Furthermore, it has been projected that the company's 2023 Energy Efficiency program will see customers saving $446.5 million. Controversially, residents have vociferously objected to a proposed rate increase. Other major strides include the groundbreaking of new solar projects and the installation of nearly 1,000 free air conditioner units. They projected a persistent commitment to renewable energy, reportedly breaking ground on three solar parks funded through their MIGreenPower program. Notwithstanding, there remains an 'extensive backlog' of inspections, according to an audit. The company shows promise as a top value and momentum stock for the long-term.

Dte Energy Company DTE News Analytics from Thu, 18 Jan 2024 08:00:00 GMT to Fri, 04 Oct 2024 20:30:00 GMT - Rating 5 - Innovation -3 - Information 7 - Rumor -2

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