DTE Energy (NYSE: DTE) announced it intends to forgo requesting electric rate increases for at least two years following its upcoming filing with the Michigan Public Service Commission on April 28, 2026.

The utility company said the pause depends on its first data center project coming online as planned by the end of 2027 and receiving necessary regulatory approvals. DTE plans to refrain from filing another rate request until at least 2028, providing customers two years without rate increases after the current request is completed.

DTE's two data center contracts are expected to contribute nearly $9 billion to improving the company's electric system through 2045. The utility stated that when large customers join the electric system, fixed costs can be spread more widely, helping reduce the total amount needed from other customers.

The company will file a formal request of $474.3 million on April 28 to support several billion dollars of investment in the electric grid and power generation. The request begins an approximately 10-month regulatory review process, with a final decision by the MPSC and any potential rate changes not expected until late February 2027.

DTE reported its electric customers experienced the company's performance in nearly 20 years during 2025, with customers spending 60% less time without power compared to 2024. The company attributed the improvement to sustained investments in tree trimming, grid hardening, automation and other system improvements.

The utility serves 2.3 million electric customers in Southeast Michigan and 1.4 million natural gas customers across Michigan. DTE stated that data centers are required to pay the full cost of infrastructure needed to serve them, ensuring other customers are not subsidizing data center rates.