Press Hit: State Regulators Approve Settlement in DTE’s Long-Term Energy Plan. Here’s What it Means.

Jul 26, 2023 | Engage Michigan

State regulators approve settlement in DTE’s long-term energy plan. Here’s what it means.

Planet Detroit

The Michigan Public Service Commission (MPSC) has given the green light to a settlement agreement that shapes the future of electricity for 2.3 million DTE Electric customers over the next 20 years, secures payments for low-income bill assistance and energy efficiency improvements and requires disclosure on political donations.

The agreement will close DTE’s coal-fired Monroe power plant in 2032, three years ahead of schedule, and includes commitments to build more renewable energy and battery storage faster.

Read more here.