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Reuters

Reuters

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Business & Economics

DTE Energy posts fall in fourth-quarter profit on lower rates

Reuters
Summary
Nutrition label

83% Informative

DTE Energy reported a fall in fourth-quarter profit as the utility took a hit from lower pricing for electricity.

Utility said it saved about $300 million in fuel and transportation costs after the rate case came into effect in November .

DTE provides electricity to 2.3 million customers in Southeast Michigan and natural gas to 1.3 m customers in Michigan .

VR Score

94

Informative language

99

Neutral language

92

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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