DTE Energy is an integrated energy company Strong, Stable and Growing Complementary Utilities Non-Utility Businesses DTE Electric Gas Storage & Pipelines (GSP) Electric generation and Transport and store natural gas distribution…
A substantial portion of our non-utility operating earnings are either regulated or contracted 2018 Earnings Mix Regulated / contracted earnings consist of: Electric and gas utilities 4% 30% FERC regulated gas pipelines…
Our system of priorities is fundamental to how we create value for our investors 5% - 6% Annual EPS Growth Attractive Dividend Strong Balance Sheet 6
We remain committed to delivering 5% to 6% operating EPS* growth (dollars) 2.83 2.62 2.48 2.35 2.24 2.12 2.12 2008A 2009A 2010A 2011A 2012A 2013E 2014E 2015E 2016E 2017E 2018E Aspiration of over 1 billion in operating…
DTE Energy has many catalysts for strong future growth opportunities Constructive REGULATORY Michigans economic recovery environment Long-term utility growth Long-term non-utility growth 8
As we continue to grow, we are taking steps to minimize the rate impact on customers Reliability Lower Investments Surcharges Cost Structural Pressure Cost Reductions Environmental Continuous Investments Improvement…
Utility rate strategies minimize new rate filings and their impacts on our customers DTE Electric DTE Gas Periodic rate cases to support Infrastructure Recovery Mechanism investment profile provides recovery of investments File…
DTEs CI capability has enabled us to lead the industry in cost management Electric Industry Peers* 2007 to 2012 Change in O&M Costs 70% Avg. 33% DTE 0% Gas Industry Peers** 2007 to 2012 Change in O&M Costs 66% Avg.…
Utility O&M*, including 2013 reinvestment, has remained flat over the past 10 years (millions), pre-tax Avoided inflation 500 million Reinvestment 1,587 1,590 2003A 2013E * Excludes bad debt expense, LIEEF, Energy…
Our electric utility is investing 6.7 billion in three key growth areas through 2018 Base Generation New Infrastructure Compliance Generation 5.6 billion 700 million 400 million Power plant reliability Environmental requirements…
Plant modernization and energy policy drive investments that will transform our generation mix over the next decade Potential Retirements 2,600 MW Long-term Units 4,400 MW DTE Energy Coal Fleet (MW of Capacity)…
Our gas utility is making 1.2 billion of reliability and pipeline integrity investments through 2018 Base Main Renewal, Meter Move-Out Infrastructure & Pipeline Integrity 700 million 500 million Strengthen and expand distribution…
Gas Storage & Pipelines is developing an asset portfolio with multiple growth platforms Pipeline Gathering Storage 18
Gas Storage & Pipelines platforms drive growth through new projects and expansions Pipeline Platform Gathering Platform Storage Platform Bluestone Pipeline Bluestone Gathering Washington 10 Bluestone Pipeline Bluestone Gathering…
Gas Storage & Pipelines has a portfolio of investment opportunities that drive earnings growth New project development NEXUS Bluestone lateral other gathering and expansion pipeline expansions Millennium expansion II Millennium…
Power & Industrial Projects is focused in three key businesses lines Industrial Energy Services Renewable Energy Reduced Emissions Fuel Wood-fired Plant Cassville, WI On-site Energy Project Wood-fired Plant Reduced Emissions…
Power & Industrial Projects applies a systematic approach to evaluate business opportunities to achieve premium returns Limited . Focus on niche areas where we can capitalize on unique Competition competencies Long-Term . Contract…
Summary Long-term plan supports continued 5% - 6% operating EPS growth Constructive regulation, coupled with a focus on operational excellence and strong customer satisfaction, supports meaningful growth at the utilities Solid…
Contact Us DTE Energy Investor Relations www.dteenergy.com/investors (313) 235-8030 25
Appendix
Michigan economic indicators highlight continued growth over the next few years Increased Auto Production Gross State Product (000s) (billons) 370 2,574 362 2,252 2,429 2,366 349 353 341 1,912 330 1,578 314 1,144 Upgraded…
Michigans economy thrives on a favorable business climate Competitive tax structure Flat 6% Corporate Income Tax among the lowest in the nation and has reduced business costs by 83% Resources for Businesses 150 million in…
Energy regulation passed in 2008 established a more constructive regulatory environment Key components of the 2008 Energy Legislation Regulatory Structure Changes Renewables and Energy Efficiency File & Use Rates with 6 month self-…
Michigan Public Service Commission The Michigan Public Service Commission is composed of three members appointed by the Governor with the advice and consent of the Senate. Commissioners are appointed to serve staggered six-year…
Much of the longer-term investment will be tied to the ongoing transformation of our generation fleet DTE Coal Fleet Plans through 2020 (MW of Capacity) Short-term units Will be retired in the next few years Long-term units…
DTE Electric has built or contracted for approximately 890MWs of renewable energy (850MWs of wind) since 2009 LAnse Warden Renewable Cumulative Investment 17 MW Biomass ( millions) Baraga County 1,000 200 600 200 Tuscola…
Gas Storage & Pipelines assets have expansion opportunities to accommodate increased demand Pipeline Assets Capacity / d In-Service Millennium Pipeline 0.5 Bcf Expansion 1 and 2 0.3 Bcf 2014 Expansion 3 0.1 - 0.5 Bcf 2016+ Total…
2008 Reconciliation of Reported to Operating Earnings Use of Operating Earnings Information DTE Energy management believes that operating earnings provide a more meaningful representation of the companys earnings from ongoing…
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