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DTE Energy Commits to Two-Year Rate Freeze Following $474M Filing, Backed by $16B Data Center and Battery Storage Projects - News and Statistics
DTE Energy has announced a two-year rate freeze for customers, contingent on the successful completion of a $16 billion data center campus in Saline Township, Michigan, which includes a battery energy storage system. This commitment follows a formal request for $474.3 million to support grid investments, including converting a power plant to natural gas and developing a large battery storage facility. The data center project, involving Oracle and Blackstone, is expected to generate significant savings for existing DTE customers and create jobs.