DTE ENERGY CO
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 8, 2024
DTE$138.35+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Definitions
| AFUDC | Allowance for Funds Used During Construction |
|---|---|
| ASU | Accounting Standards Update issued by the FASB |
| CAD | Canadian Dollar (C$) |
| CARB | California Air Resources Board that administers California's Low Carbon Fuel Standard |
| Carbon emissions | Emissions of carbon containing compounds, including carbon dioxide and methane, that are identified as greenhouse gases |
| CCR | Coal Combustion Residuals |
| CFTC | U.S. Commodity Futures Trading Commission |
| COVID-19 | Coronavirus disease of 2019 |
| DOE | U.S. Department of Energy |
| DTE Electric | DTE Electric Company (an indirect wholly-owned subsidiary of DTE Energy) and subsidiary companies |
| DTE Energy | DTE Energy Company, directly or indirectly the parent of DTE Electric, DTE Gas, and numerous non-utility subsidiaries |
| DTE Gas | DTE Gas Company (an indirect wholly-owned subsidiary of DTE Energy) and subsidiary companies |
| DTE Securitization I | DTE Electric Securitization Funding I, LLC, a special purpose entity wholly-owned by DTE Electric. The entity was created to issue securitization bonds for qualified costs related to the River Rouge generation plant and tree trimming surge program and to recover debt service costs from DTE Electric customers |
| DTE Securitization II | DTE Electric Securitization Funding II, LLC, a special purpose entity wholly-owned by DTE Electric. The entity was created to issue securitization bonds for qualified costs related to the St. Clair and Trenton Channel generation plants and to recover debt service costs from DTE Electric customers |
| DTE Sustainable Generation | DTE Sustainable Generation Holdings, LLC (an indirect wholly-owned subsidiary of DTE Energy) and subsidiary companies |
| DT Midstream | DT Midstream, Inc., formerly DTE Energy's natural gas pipeline, storage, and gathering non-utility business comprising the Gas Storage and Pipelines segment and certain DTE Energy holding company activity in the Corporate and Other segment, which separated from DTE Energy and became an independent public company on July 1, 2021 |
| EGLE | Michigan Department of Environment, Great Lakes, and Energy, formerly known as Michigan Department of Environmental Quality |
| ELG | Effluent Limitations Guidelines |
| EPA | U.S. Environmental Protection Agency |
| Equity units | DTE Energy's 2019 equity units issued in November 2019, which were used to finance the former Gas Storage and Pipelines segment acquisition on December 4, 2019 |
| EWR | Energy Waste Reduction program, which includes a mechanism authorized by the MPSC allowing DTE Electric and DTE Gas to recover through rates certain costs relating to energy waste reduction |
| FASB | Financial Accounting Standards Board |
| FERC | Federal Energy Regulatory Commission |
| FGD | Flue Gas Desulfurization |
| FOV | Finding of Violation |
| FTRs | Financial Transmission Rights are financial instruments that entitle the holder to receive payments related to costs incurred for congestion on the transmission grid |
| GCR | A Gas Cost Recovery mechanism authorized by the MPSC that allows DTE Gas to recover through rates its natural gas costs |
| GHGs | Greenhouse gases |
|---|---|
| Green Bond | A financing option to fund projects that have a positive environmental impact based upon a specified set of criteria. The proceeds are required to be used for eligible green expenditures |
| Interconnection sales | Sales of power by DTE Electric into the energy market through MISO, generally resulting from excess generation compared to customer demand |
| IRS | Internal Revenue Service |
| ISO | Independent System Operator |
| LLC | DTE Energy Corporate Services, LLC, a subsidiary of DTE Energy |
| MGP | Manufactured Gas Plant |
| MISO | Midcontinent Independent System Operator, Inc. |
| MPSC | Michigan Public Service Commission |
| MTM | Mark-to-market |
| NAV | Net Asset Value |
| NEIL | Nuclear Electric Insurance Limited |
| Net zero | Goal for DTE Energy's utility operations and gas suppliers at DTE Gas that any carbon emissions put into the atmosphere will be balanced by those taken out of the atmosphere. Achieving this goal will include collective efforts to reduce carbon emissions and actions to offset any remaining emissions. Progress towards net zero goals is estimated and methodologies and calculations may vary from those of other utility businesses with similar targets |
| Non-utility | An entity that is not a public utility. Its conditions of service, prices of goods and services, and other operating related matters are not directly regulated by the MPSC |
| NOX | Nitrogen Oxides |
| NPDES | National Pollutant Discharge Elimination System |
| NRC | U.S. Nuclear Regulatory Commission |
| PLD | City of Detroit's Public Lighting Department |
| PSCR | A Power Supply Cost Recovery mechanism authorized by the MPSC that allows DTE Electric to recover through rates its fuel, fuel-related, and purchased power costs |
| REC | Renewable Energy Credit |
| REF | Reduced Emissions Fuel |
| Registrants | DTE Energy and DTE Electric |
| Retail access | Michigan legislation provided customers the option of access to alternative suppliers for electricity and natural gas |
| RPS | Renewable Portfolio Standard program, which includes a mechanism authorized by the MPSC allowing DTE Electric to recover through rates its renewable energy costs |
| RTO | Regional Transmission Organization |
| SEC | Securities and Exchange Commission |
| SO2 | Sulfur Dioxide |
| SOFR | Secured Overnight Financing Rate |
| TCJA | Tax Cuts and Jobs Act of 2017, which reduced the corporate Federal income tax rate from 35% to 21% |
| Topic 606 | FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, as amended |
| Topic 842 | FASB issued ASU No, 2016-02, Leases, as amended |
| TRIA | Terrorism Risk Insurance Program Reauthorization Act of 2015 |
|---|---|
| TRM | A Transitional Reconciliation Mechanism authorized by the MPSC that allows DTE Electric to recover through rates the deferred net incremental revenue requirement associated with the transition of PLD customers to DTE Electric's distribution system |
| USD | United States Dollar ($) |
| VEBA | Voluntary Employees Beneficiary Association |
| VIE | Variable Interest Entity |
| Units of Measurement | |
|---|---|
| Bcf | Billion cubic feet of natural gas |
| BTU | British thermal unit, heat value (energy content) of fuel |
| kWh | Kilowatt-hour of electricity |
| MDth/d | Million dekatherms per day |
| MMBtu | One million BTU |
| MW | Megawatt of electricity |
| MWh | Megawatt-hour of electricity |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.