Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  DTE Energy Co    DTE

Delayed Quote. Delayed  - 07/28 10:00:53 pm
97.1 USD   -0.13%
07/28 DTE ENERGY : reports second quarter 2016 results, raises guidance
07/26 GENERAL MOTORS : 2,500 GM Employees Volunteer in Detroit's Cody Roug..
07/26 DTE ENERGY : reports second quarter 2016 results, raises guidance
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

DTE Energy Company : DTE Energy schedules advanced meter installations

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/20/2012 | 08:45pm CEST
New meters to be installed in several Washtenaw County communities

Feb 20, 2012

DETROIT - DTE Energy today announced plans to install an additional 450,000 advanced electric meters and gas modules by the end of 2013, including 120,000 in Ann Arbor and Washtenaw County.

More than 1 million DTE Energy customers will have the technology by the end of next year.

The technology provides the backbone for DTE Energy's smart circuit infrastructure, which will allow electric customers to communicate with the company, provide detailed information about their energy usage and recognize power outages without customer input.

The meters incorporate technology that will allow them to be read remotely and provide a wide range of optional benefits to customers, as well as operational savings through increased efficiencies to DTE Energy.

"Our advanced metering program will provide our customers with new technology that is both safe and secure," said Vince Dow, DTE Energy vice president, Distribution Operations. "This technology will allow us to quickly locate and reduce the length of power outages and other problems, virtually eliminate estimated bills through automated meter reading and remotely connect and disconnect service, which means faster, less intrusive service."

The digital meter technology will serve as a platform that will provide remote monitoring of the electric distribution system and allow customers to better manage their energy usage and bills.

About 650,000 advanced meters have been installed, mostly in Oakland County communities.

DTE Energy will begin installing about 120,000 advanced meters this month in Ann Arbor, Ypsilanti and Ypsilanti Township, then move to Ann Arbor Township and Barton Hills in March. Work will begin in Dexter, Dexter Township and Scio Township in April, and in Saline, Saline Township, Superior Township and Whitmore Lake in May. Residents in Chelsea, Manchester, Milan and York Township will see new meters beginning in June.

Future installation areas will be announced as implementation nears.

Other customer benefits are many:

· Manual meter reading is eliminated, which means vastly fewer estimated bills and improved billing accuracy

· Provides customers with online access to their individual energy usage

· Allows remote turn-on/turn-off and reconnect/disconnect capabilities without the wait for a service technician

· Theft and tamper detection

· New products and rate options available.

Customers will benefit because the company will know, to an individual meter, the extent of a power outage and how best to respond to that outage.

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.2 million customers in Michigan and other non-utility, energy businesses focused on gas storage and pipelines, unconventional gas production, power and industrial projects, and energy trading. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.

For further information, members of the media may contact:

Scott Simons, (313) 235-8808, simonss@dteenergy.com

Len Singer, (313) 235-8809, singerl@dteenergy.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DTE ENERGY CO
07/28 DTE ENERGY : and the DTE Energy Foundation provide 1,000 summer jobs for young p..
07/28 DTE ENERGY : reports second quarter 2016 results, raises guidance
07/26 DTE ENERGY CO : Regulation FD Disclosure, Financial Statements and Exhibits (for..
07/26 GENERAL MOTORS : 2,500 GM Employees Volunteer in Detroit's Cody Rouge Community;..
07/26 DTE ENERGY : Management's Discussion and Analysis of Financial Condition and Res..
07/26 DTE ENERGY : reports second quarter 2016 results, raises guidance
07/26 DTE ENERGY : beats 2Q profit forecasts
07/26 DTE ENERGY CO : Results of Operations and Financial Condition, Regulation FD Dis..
07/20 DTE ENERGY : and the DTE Energy Foundation provide 1,000 summer jobs for young p..
07/19 DTE ENERGY : Substation fire causes power outage for about 5K residents
More news
Sector news : Electric Utilities - NEC
07/28DJEDISON : Results Impacted by Taxes, Rate-Case Decision
07/28DJPG&E : Profit Falls on Higher Maintenance Costs, Revenue Drop
07/28DJTENAGA NASIONAL BHD : Malaysia's Tenaga Third-Quarter Profit Up on Stronger Reve..
07/28 CENTRICA : profit falls as UK customers switch suppliers
07/28DJPOWER ASSETS : 1st Half Net Profit HK$3.48 Billion
More sector news : Electric Utilities - NEC
News from SeekingAlpha
07/26 DTE Energy (DTE) Gerard M. Anderson on Q2 2016 Results - Earnings Call Transc..
07/26 DTE Energy beats by $0.09, misses on revenue
07/25 Notable earnings before Tuesday?s open
07/10 VALUATION DASHBOARD : Utilities - Update
07/06 DTE Energy Moves Forward Under The Clean Power Plan Despite The U.S. Supreme ..
Advertisement
Financials ($)
Sales 2016 10 903 M
EBIT 2016 1 590 M
Net income 2016 898 M
Debt 2016 10 370 M
Yield 2016 3,11%
P/E ratio 2016 19,74
P/E ratio 2017 18,47
EV / Sales 2016 2,55x
EV / Sales 2017 2,56x
Capitalization 17 423 M
More Financials
Chart DTE ENERGY CO
Duration : Period :
DTE Energy Co Technical Analysis Chart | DTE | US2333311072 | 4-Traders
Full-screen chart
Technical analysis trends DTE ENERGY CO
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 102 $
Spread / Average Target 5,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gerard M. Anderson Chairman & Chief Executive Officer
Gerardo Norcia President & Chief Operating Officer
Peter B. Oleksiak Chief Financial Officer & Senior Vice President
Steven B. Ambrose Chief Information Officer & Vice President
Gail J. McGovern Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DTE ENERGY CO21.09%17 423
DUKE ENERGY CORP19.34%58 694
SOUTHERN CO13.83%49 987
DOMINION RESOURCES, IN..13.75%47 412
IBERDROLA SA-5.73%42 982
KOREA ELECTRIC POWER C..--.--%35 314
More Results