DTE Energy made $1.5 billion, paid no federal taxes for a 12th straight year, and wants a 10% rate hike

DTE Energy made $1.5 billion, paid no federal taxes for a 12th straight year, and wants a 10% rate hike

A profitable 2025 did not result in a federal tax bill for DTE Energy.  Michigan Advance reported that the Detroit-based utility made $1.5 billion last year, extended its streak of paying no federal income taxes to 12 years, and is seeking approval for a residential electric rate increase of nearly 10%. What happened? Public filings showed that DTE was the only Michigan-based Fortune 500 company with U.S. profits in 2025 that did not owe federal…