DTE Energy’s 2023 Energy Efficiency programs to deliver $446.5 million in customer savings

Customers who participated are reducing energy use and seeing record-breaking cost savings

DETROIT, Oct. 2, 2024 - DTE Energy announced today that customers who participated in an energy efficiency program in 2023 will save $446.5 million over the life of the programs, products and services, as reported in DTE's Energy Efficiency (EE) Annual Report. In the new report, the company shares record-breaking savings for customers across the residential and business portfolios.

Residential

DTE's EE residential programs have empowered homeowners to reduce their energy consumption and save on energy bills more than ever before, serving 614,000 electric customers and 528,000 gas customers.

Key highlights include:

• Approximately 600 customers participated in "Energy Smart Seniors," an education program supporting senior citizens with ways to save energy and manage costs.
• Nearly 3,000 appliances were recycled at four community drop-off events, a 103% increase from 2022.
• Over 51,000 customer installations were made through the multifamily program, including heat pumps, water heaters, insulation and air sealing measures.
• Roughly 953 MMcf of natural gas and 253 GWh of electricity, or the equivalent of carbon sequestered by 184,000 acres of forest, was saved by customers.

"Our energy efficiency programs have not only helped our customers remarkably lower their energy costs, but they have also contributed significantly to reducing our collective carbon footprint through energy reduction," said Angela Wojtowicz, vice president of Business Planning and Development, DTE Energy. "These savings are a testament to our commitment to providing cost-effective and sustainable energy solutions for our customers while we accelerate the company's clean energy journey."

Income-qualified

DTE's income-qualified programs have provided essential support to low-income households, ensuring equitable access to EE benefits. The company invested over $52 million in income-qualified programs in 2023 alone.

Key highlights include:

• Over 100 homes in Detroit were repaired, in collaboration with the Detroit Home Repair Fund.
• 22,000 households received appliance installations, including heat pumps, heat pump water heaters, insulation, and infiltration reduction measures.
• 24 new jobs were created through DTE's Energy Efficiency Academy, which provides access to training, certifications and resources.
• 4,000 customers received home repairs.

Commercial and Industrial

The company's commercial and industrial programs support business customers in optimizing their energy use, reducing operational costs and enhancing sustainability.

Key highlights include:

• Nearly $88 million in combined gas and electric investments.
• 4,000 unique projects conducted for small business customers, driving down usage and energy costs.
• Saved customers 965 MMcf in natural gas and 624 GWh in electricity, an equivalent of carbon sequestered from 366,000 acres of forest.

"As a small but vital nonprofit, upgrading our building for optimal energy efficiency is a gift that will keep on giving for years to come," said Patricia Obrzut, executive director, Penrickton Center for Blind Children, a recipient of DTE's annual Business Makeover Contest.

DTE was ranked a Top 5 Utility by the American Counsel for an Energy-Efficient Economy (ACEEE) for its leadership in energy equity and designing energy efficiency programs that support underserved communities. The company remains dedicated to advancing energy efficiency and sustainability across Michigan. These efforts not only help customers save money but also contribute to a cleaner and more sustainable environment.

For more details on DTE's Energy Efficiency 2023 Annual Report, visit empoweringmichigan.com. To learn more about how you can save energy at your home or business, visit dteenergy.com/home or dteenergy.com/savenow.

About DTE Energy

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy.

For further information, members of the media may contact:

Angela Hattar, DTE Energy, 313.235.5555

Public link

Please use the above public link if you want to share this noodl on another website.