DTE Energy reports over 16,000 outages prevented this year through smart grid technology as part of a $10 billion reliability plan.
Quiver AI Summary
DTE Energy announced a significant achievement in enhancing electric reliability, reporting that its smart grid devices have prevented over 16,000 outages this year. This progress is part of DTE's ambitious five-year, $10 billion initiative to modernize the electric grid, with aims to reduce outages by 30% and halve outage duration by 2029. The company's commitment includes deploying more than 675 new smart devices by the end of 2025, improving operational efficiency by allowing for quicker damage identification and power rerouting. DTE's advanced grid system integrates various technologies to minimize service disruptions, enhance safety, and facilitate faster restoration of power, all while pursuing broader infrastructural upgrades.
Potential Positives
- DTE Energy has prevented over 16,000 power outages this year, demonstrating the effectiveness of its smart grid technology and commitment to improving electric reliability for its customers.
- The company is significantly increasing its investment in smart grid technology, with more than 675 new reclosing devices to be installed, more than doubling the number of devices in operation since 2023.
- DTE Energy's five-year, $10 billion plan aims to reduce power outages by 30% and cut outage time in half by the end of 2029, showcasing a strong commitment to enhancing service reliability for customers.
- The adoption of automated smart devices is expected to improve safety, reduce outage durations, and allow for quicker restoration of services, benefiting the overall customer experience.
Potential Negatives
- Despite preventing over 16,000 outages, the press release does not address any ongoing issues with current outages or customer complaints, which may raise concerns about the overall reliability of the grid before the deployment of smart devices is fully completed.
- The significant $10 billion investment over five years may lead to skepticism regarding the company's financial priorities, particularly in relation to customer rates or potential increases in costs passed on to consumers.
- The ambitious commitment to reduce outages by 30% and cut outage time in half by 2029 may set high expectations that could result in public disappointment if not met within the projected timeline.
FAQ
What milestone did DTE Energy achieve in 2025?
DTE Energy prevented over 16,000 outages in 2025 through the deployment of smart grid devices.
How is DTE Energy improving electric reliability?
DTE is implementing a five-year, $10 billion plan to enhance electric grid reliability and reduce outages by 30% by 2029.
What technology is DTE Energy using for its smart grid?
DTE's smart grid includes advanced software, automated devices, smart meters, and a state-of-the-art Systems Operation Center.
What benefits do smart grid devices provide?
Smart grid devices improve safety, reduce outages, and enable quicker restoration of power during disruptions.
Where can I find information on DTE's reliability improvements?
DTE's Power Improvements Map shows where smart devices and reliability work are being implemented across its service area.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DTE Congressional Stock Trading
Members of Congress have traded $DTE stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $DTE stock by members of Congress over the last 6 months:
- SENATOR JOHN BOOZMAN has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 05/20, 03/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$DTE Insider Trading Activity
$DTE insiders have traded $DTE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DTE stock by insiders over the last 6 months:
- LISA A. MUSCHONG (VP, Corp Sec & Chief of Staff) sold 1,600 shares for an estimated $224,849
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DTE Hedge Fund Activity
We have seen 482 institutional investors add shares of $DTE stock to their portfolio, and 404 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GQG PARTNERS LLC added 5,260,699 shares (+inf%) to their portfolio in Q2 2025, for an estimated $696,832,189
- CAPITAL RESEARCH GLOBAL INVESTORS removed 4,478,187 shares (-24.1%) from their portfolio in Q2 2025, for an estimated $593,180,650
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,432,926 shares (+182.6%) to their portfolio in Q2 2025, for an estimated $322,265,377
- MILLENNIUM MANAGEMENT LLC removed 1,701,729 shares (-94.9%) from their portfolio in Q2 2025, for an estimated $225,411,023
- GAMMA INVESTING LLC removed 1,174,713 shares (-99.2%) from their portfolio in Q2 2025, for an estimated $155,602,483
- VANGUARD GROUP INC added 1,042,589 shares (+4.2%) to their portfolio in Q2 2025, for an estimated $138,101,338
- PICTET ASSET MANAGEMENT HOLDING SA removed 798,545 shares (-51.4%) from their portfolio in Q2 2025, for an estimated $105,775,270
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DTE Analyst Ratings
Wall Street analysts have issued reports on $DTE in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 05/23/2025
- Morgan Stanley issued a "Overweight" rating on 05/22/2025
- Wells Fargo issued a "Overweight" rating on 05/02/2025
- Evercore ISI Group issued a "Outperform" rating on 05/02/2025
- Guggenheim issued a "Buy" rating on 03/21/2025
To track analyst ratings and price targets for $DTE, check out Quiver Quantitative's $DTE forecast page.
$DTE Price Targets
Multiple analysts have issued price targets for $DTE recently. We have seen 8 analysts offer price targets for $DTE in the last 6 months, with a median target of $146.0.
Here are some recent targets:
- James Thalacker from BMO Capital set a target price of $144.0 on 08/25/2025
- Jeremy Tonet from JP Morgan set a target price of $147.0 on 07/15/2025
- Nicholas Campanella from Barclays set a target price of $138.0 on 07/15/2025
- Ryan Levine from Citigroup set a target price of $151.0 on 05/23/2025
- David Arcaro from Morgan Stanley set a target price of $134.0 on 05/22/2025
- Neil Kalton from Wells Fargo set a target price of $154.0 on 05/02/2025
- Durgesh Chopra from Evercore ISI Group set a target price of $145.0 on 05/02/2025
Full Release
DETROIT, Sept. 04, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today announced a milestone in its work to improve electric reliability for customers. So far this year, DTE’s smart grid devices have prevented more than 16,000 outages throughout DTE’s electric service territory. Accelerating the deployment of these smart devices is a critical component of DTE’s five-year, $10 billion plan to build the electric grid of the future and deliver on its commitment to reduce power outages by 30% and cut outage time in half by the end of 2029.
“We're building an electric grid that is smarter, stronger and more reliable," said Matt Paul, president, DTE Electric. “Accelerating our investments to build a smarter grid is a game-changer for our customers and we’re already seeing positive results. This technology gives us the ability to automatically reroute power and get crews to trouble spots faster, which means more reliable electricity for our customers."
By the numbers
- 16,019 power outages have been prevented since the beginning of the year.
- 675+ new reclosing devices will be installed by the end of this year, more than doubling the number of reclosers on our system since 2023. Reclosers can speed restoration by providing crews with an exact location of damage during an outage as well as rerouting power so more customers have service while crews make repairs.
- This is part of our five-year, $10 billion plan to improve electric reliability.
- DTE is committed to reducing outages by 30%, cutting outage time in half by 2029.
How it works
DTE’s smart grid is an interconnected system that includes the company’s Advanced Distribution Management System software, state-of-the-art Systems Operation Center, substation equipment, automated smart devices, smart meters and more. The automated smart devices allow the company to remotely monitor, operate and control the grid across the communities that DTE serves, minimizing service interruptions for customers.
DTE will add more than 675 devices to its electric grid by the end of 2025, more than doubling the number of devices already on the system since the automation program started in 2023. DTE’s commitment to fully automating the grid by 2029 will provide the following benefits:
- Improved safety: Smart grid devices can automatically detect and de-energize downed wires, helping to keep people safe.
- Fewer outages: Smart devices are designed to isolate areas of damage and reroute power, so the lights stay on for many customers while crews make repairs.
- Shorter outages and quicker restoration: Smart devices can quickly identify the location of the damaged equipment, so crews can arrive at the location faster and begin making repairs.
Transitioning to a smart grid is just one part of DTE’s broader plan to build the grid of the future, which also includes upgrading existing infrastructure, rebuilding significant portions of the grid and trimming or removing trees .
Find out where smart device and other reliability work is happening on DTE’s Power Improvements Map .
About DTE Energy
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 an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com , empoweringmichigan.com , twitter.com/dte_energy and facebook.com/dteenergy .