|
1 Energy Plaza Detroit, MI 48226 MI Tel. 313-235-4000 Fax 313-235-8055 |
Type: Public
On the web:
http://www.dteenergy.com
Employees:
9,800
Employee growth: (4.3%)
Detroit's economy may be lackluster, but DTE Energy still provides a reliable spark. The holding company's main subsidiary, Detroit Edison, distributes electricity to some 2.1 million customers in southeastern Michigan. The utility's power plants (mainly fossil-fueled) have a generating capacity of almost 11,000 MW. The company's Michigan Consolidated Gas (MichCon) unit distributes natural gas to 1.2 million customers. DTE Energy's nonregulated operations (in 25 US states) include energy marketing and trading; coal transportation and procurement; energy management services for commercial and industrial customers; independent and on-site power generation; and gas exploration, production, and processing.
Key numbers for fiscal year ending December, 2010:
Sales: $8,557.0M
One year growth: 6.8%
Net income: $630.0M
Income growth: 18.4%
Officers:
Chairman: Anthony F. Earley Jr.
President, CEO, and Director: Gerard M. (Gerry) Anderson
EVP and CFO: David E. Meador
Competitors:
CMS Energy
Integrys Energy Group
Wisconsin Energy
© 2012 Hoover's, Inc. All rights reserved.