8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________

FORM 8-K

_____________________________

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 19, 2018

Commission File Number	Exact Name of Registrant as Specified in its Charter, State of Incorporation, Address of Principal Executive Offices and Telephone Number	IRS Employer Identification No.
1-11607	DTE Energy Company (a Michigan corporation) One Energy Plaza Detroit, Michigan 48226-1279 313-235-4000	38-3217752
1-2198	DTE Electric Company (a Michigan corporation) One Energy Plaza Detroit, Michigan 48226-1279 313-235-4000	38-0478650

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under Exchange Act (17 CFR 240.12b-2).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01. Other Events.

On April 18, 2018, the MPSC issued an order in DTE Electric's rate case No. U-18255. The full text of the order (Case No. U-18255) is available on the MPSC's website (http://efile.mpsc.state.mi.us/efile/).

On April 19, 2018, DTE Energy will post a summary and discussion of the order in the DTE Electric rate case to the DTE Energy website at www.dteenergy.com. The summary is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Summary of DTE Electric Company Rate Order (Case U-18255).

Forward-Looking Statements:

This Form 8-K contains forward-looking statements that are subject to various assumptions, risks and uncertainties. It should be read in conjunction with the “Forward-Looking Statements” section in DTE Energy's and DTE Electric's 2017 Form 10-K (which sections are incorporated by reference herein), and in conjunction with other SEC reports filed by DTE Energy and DTE Electric that discuss important factors that could cause DTE Energy's and DTE Electric's actual results to differ materially. DTE Energy and DTE Electric expressly disclaim any current intention to update any forward-looking statements contained in this report as a result of new information or future events or developments.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 19, 2018

DTE ENERGY COMPANY

(Registrant)

/s/ Don M. Stanczak

Don M. Stanczak

Vice President

DTE ELECTRIC COMPANY

(Registrant)

/s/ Don M. Stanczak

Don M. Stanczak

Vice President

EX-99.1

Exhibit 99.1

Summary of DTE Electric Company Rate Order (Case U-18255)

April 19, 2018

On April 18, 2018, the Michigan Public Service Commission (“Commission” or “MPSC”) issued an order in DTE Electric’s (“DTE Electric”) rate case. This document provides a summary of the Commission’s order. The Commission’s full order is available on the MPSC’s website (http://efile.mpsc.state.mi.us/efile/) under case number U-18255.

The MPSC order authorized DTE Electric to raise base rates by $65 million and approved a return on equity (“ROE”) of 10%. The Commission directed DTE Electric to implement rate changes for service rendered on and after May 1, 2018.

DTE Electric filed an application on April 19, 2017 with supporting direct testimony and exhibits initially seeking a general rate increase of approximately $231 million based on a projected twelve month test period ending October 31, 2018. The need for the rate increase was driven primarily by the Company’s capital investment of more than $1.1 billion since the last general rate case to replace aging distribution system infrastructure and to invest in the Company’s long-term generation assets, lower sales, inflation and working capital increases due primarily to changes in retiree benefit costs.

Effective November 1, 2017, DTE Electric self-implemented a base rate increase of $125 million.

Reconciliation of MPSC final order from DTE Electric’s request

Item	Amount	Description
	($ millions)
DTE Electric Position	$231*	Revenue Requirement
Return on Equity	(46)
Capital Structure	(15)
O&M	(45)	Primarily inflation
Incentive Compensation	(27)
Sales Margin	(15)	Staff Sales
Rate Base	(18)
MPSC 4/18/18 Order	$65

*DTE Electric’s Reply Brief position was $212 million

Summary of Key Components of the Order

Return on Equity / Capital Structure

The MPSC determined that DTE Electric’s Return on Equity (“ROE”) should be reduced from its current 10.1% to 10%. DTE Electric supported an ROE of 10.5%. A permanent equity / debt capital structure was approved at 50% / 50%. DTE Electric supported a 51%/49% capital structure.

Total Rate Base

The MPSC approved a projected total rate base of $15,259 million, including net plant ($13,860 million) and working capital ($1,400 million). The approved rate base amount included in final rates was less than 1.0% (approximately $132 million) different than DTE Electric’s filed amount of $15,391 million.

Sales Load Forecast

The Commission adopted Staff’s sales forecast - Service area sales forecast of 46,963 GWh for projected period (42,009 bundled; 4,954 choice).

DTE Energy

DTE respects the decision of the commission and its support of our efforts to modernize the electric infrastructure within our service territory.

For further information, please contact Barbara Tuckfield, DTE Energy, 313.235.1018 or John Dermody, DTE Energy, 313.235.8750.