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DTE vows 2-year pause on rate hike requests after proposing $474.3 million investment
DTE Energy has announced a commitment to pause rate hike requests for at least two years after submitting a new request for $474.3 million to enhance its electric grid and power generation. This proposed investment aims to support reliability improvements, convert the Belle River Power Plant to natural gas, and develop the Trenton Channel Energy Center, following a previous $242.4 million investment earlier in the year. The company emphasizes affordability for customers and highlights improved reliability performance, linking the pause in rate requests to the successful integration of data center projects.