DTE Energy (DTE) Announces That Its Smart Grid Devices Prevents Over 16,000 Outages

DTE Energy Company (NYSE:DTE) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 4, DTE Energy (NYSE:DTE) announced that, so far this year, its smart grid devices have prevented over 16,000 outages across the company’s electric service territory. Notably, ramping up the deployment of such smart devices remains a key component of DTE Energy (NYSE:DTE)’s 5-year, $10 billion plan to build the electric grid of the future and reduce power outages by 30% and cut outage time in half by 2029 end.

DTE Energy (NYSE:DTE) invested over $1.8 billion into the utilities during H1 2025 and remains on pace to invest $4.4 billion this year, focused on improving safety and reliability of the electric and natural gas infrastructure and transforming the generation fleet to deliver cleaner energy. DTE Energy (NYSE:DTE)’s operating earnings for Q2 2025 came in at $283 million compared to 2024 operating earnings of $296 million. The company confirmed its 2025 operating EPS guidance of $7.09 – $7.23.

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Disclosure: None. This article is originally published at Insider Monkey.