DTE Energy shareholders have a right to expect that we manage their investment in our company wisely – and we do. Our business model focuses on growing our two utilities – Detroit Edison and MichCon. At the same time, we are a leader in using continuous improvement practices to lower our utilities’ operations costs and minimize customer rate increases in the future.
Our goal is to deliver 5 percent to 6 percent long-term average operating earnings growth per year while paying an attractive dividend.
We also manage a well-regarded portfolio of non-utility, energy-related businesses. We seek investment opportunities that will deliver above-average returns related to power and industrial projects, gas storage and pipelines, coal and related services, unconventional gas production and energy trading.
We achieve this shareholder value while operating in an ethical, legal, transparent, and environmentally and socially responsible manner.