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): July 2, 2008

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	38-3217752
		(a Michigan corporation)
		2000 2nd Avenue
		Detroit, Michigan 48226-1279
		313-235-4000

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))

Item 7.01. Regulation FD Disclosure.

DTE Energy Company (“DTE Energy”) will conduct a conference call for the investment community at 9:00 a.m. EDT Wednesday, July 2, 2008 to provide a midyear business update. A copy of an associated slide presentation is furnished as Exhibit 99.1 to this report.

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K under this heading, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.

Item 8.01. Other Events

The Company announced today it has discontinued work on the previously announced Power & Industrial Projects monetization and plans to retain full ownership of the projects. A copy of a related news release is furnished as Exhibit 99.2 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1	Slide Presentation of DTE Energy Company dated July 2, 2008.
99.2	News Release of DTE Energy Company dated July 2, 2008.

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 2007 Form 10-K and 2008 Form 10-Q (which sections are incorporated by reference herein), and in conjunction with other SEC reports filed by DTE Energy that discuss important factors that could cause DTE Energy’s actual results to differ materially. DTE Energy expressly disclaims 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 registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 2, 2008

DTE ENERGY COMPANY
(Registrant)
 

/s/ Peter B. Oleksiak  

Peter B. Oleksiak 

Vice President and Controller 

Exhibit Index

Exhibit No.	Description
99.1	Slide Presentation of DTE Energy Company dated July 2, 2008.
99.2	News Release of DTE Energy Company dated July 2, 2008.

EX-99.1

Exhibit 99.1

DTE Energy: Mid-Year Business Update July 2, 2008

Safe Harbor Statement The information contained herein is as of the date of this presentation. DTE Energy expressly disclaims any current intention to update any forward-looking statements contained in this document as a result of new information or future events or developments. Words such as "anticipate," "believe," "expect," "projected" and "goals" signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various assumptions, risks and uncertainties. This presentation contains forward-looking statements about DTE Energy's financial results and estimates of future prospects, and actual results may differ materially. Factors that may impact forward-looking statements include, but are not limited to: the potential requirement to refund proceeds received from synfuel partners; the uncertainties of successful exploration of gas shale resources and inability to estimate gas reserves with certainty; the effects of weather and other natural phenomena on operations and sales to customers, and purchases from suppliers; economic climate and population growth or decline in the geographic areas where we do business; environmental issues, laws, regulations, and the cost of remediation and compliance, including potential new federal and state requirements that could include carbon and more stringent mercury emission controls, a renewable portfolio standard and energy efficiency mandates; nuclear regulations and operations associated with nuclear facilities; impact of electric and gas utility restructuring in Michigan, including legislative amendments and Customer Choice programs; employee relations and the impact of collective bargaining agreements; unplanned outages; access to capital markets and capital market conditions and the results of other financing efforts which can be affected by credit agency ratings; the timing and extent of changes in interest rates; the level of borrowings; changes in the cost and availability of coal and other raw materials, purchased power and natural gas; effects of competition; impact of regulation by the FERC, MPSC, NRC and other applicable governmental proceedings and regulations, including any associated impact on rate structures; contributions to earnings by non-utility subsidiaries; changes in and application of federal, state and local tax laws and their interpretations, including the Internal Revenue Code, regulations, rulings, court proceedings and audits; the ability to recover costs through rate increases; the availability, cost, coverage and terms of insurance; the cost of protecting assets against, or damage due to, terrorism; changes in and application of accounting standards and financial reporting regulations; changes in federal or state laws and their interpretation with respect to regulation, energy policy and other business issues; amounts of uncollectible accounts receivable; binding arbitration, litigation and related appeals; changes in the economic and financial viability of our suppliers, customers and trading counterparties, and the continued ability of such parties to perform their obligations to the Company; and timing, terms and proceeds from any asset sale or monetization. This presentation should also be read in conjunction with the "Forward-Looking Statements" section in each of DTE Energy's and Detroit Edison's 2007 Form 10-K and 2008 Forms 10-Q (which sections are incorporated herein by reference), and in conjunction with other SEC reports filed by DTE Energy and Detroit Edison.

Introduction Gerry Anderson, President and COO Dave Meador, Executive Vice President and CFO Lisa Muschong, Director of Investor Relations Participants Presentation Outline Michigan Energy Legislation & Detroit Edison Rate Case Update Non-Utility Business Update Earnings Guidance Update

Legislation Will Be a Historical Step in Improving Michigan's Energy Policies Four bills passed Michigan House on April 17 on a bi-partisan vote and moved to Senate On June 27, two bills passed the Michigan Senate on a bi-partisan vote Completion of legislation backed by a broad coalition including the Michigan Chamber of Commerce, Michigan Manufacturers Association, labor organization members, business leaders and the energy industry Governor has expressed strong support for appropriate energy reform/renewables package Next step is to reconcile bills between the two chambers Primary differences are in renewables/energy efficiency provisions

Michigan Legislation Continues to Move Forward House Bill 5524 House Version Senate Version Electric Choice reform Caps Choice at 10% of load Defines rules for customers returning to utility service Same Cost-of-service based electric rates (deskewing) Phases in cost-of-service based rates over a 5 year period Phase in cost-of-service rates, 5 year period for businesses and 10 year period for residential customers File and use ratemaking Provides for self-implementation 6 months from filing Establishes 12 month hard-stop deadline for rate case completion and enhances MPSC staffing Allows for forward looking test year Same Certificate of Need process for major capital investments Provides for pre-approval for capital projects costing more than $500 million Allows recovery of interest during construction Same

Michigan Legislation Continues to Move Forward (cont.) Legislation House Version Senate Version Renewable portfolio standard (HB 5548/5549, Senate Bill 213) 4% of energy from renewables in 2012 10% in 2015 Establishes cost caps and off-ramps to ensure costs are manageable Program funded by setting a per-meter charge 2% combined RPS and energy efficiency in 2011 4% in 2012 6% in 2014 7% in 2015 Establishes cost caps and off-ramps to ensure costs are manageable Program funded by setting a per-meter charge Energy efficiency (HB 5525, Senate Bill 213) Ramps up targets to annual incremental savings of 1% for electricity and 0.75% for gas Establishes cost off-ramps to ensure reasonable costs Authorizes decoupling for gas utilities Included above Included above Authorizes decoupling for gas utilities

Detroit Edison General Rate Case 2006 Normalized Capital O&M Cost Savings Net Revenue / Fuel & Purchased Power Merger Control Premium Net Other (Incl. Benefits & Taxes) 2009 Request East -32 -32 254 265 208 208 271 284 West 254 129 118 57 63 13 North ($30) $130 $290 ($60) ($120) $60 $14 $284 Detroit Edison's Estimated Revenue Requirements Rate request driven by required environmental investment Strong record of recovery on past environmental spending Cost saving initiatives offset almost all O&M increases Requesting $60 million merger premium recovery Expect Michigan Supreme Court to rule on merger premium issue Staff and intervener testimony - July 15, 2008 Final order expected January 2009 $ millions Capex ^ Total Request

Sources and Uses of Monetization Proceeds and Synfuel Cash Original Guidance Sources Monetization Proceeds $800M Antrim Peakers Monetization After-Tax Proceeds and Synfuel Cash Sources Core Barnett ~$2B Completed monetization efforts were a success with over $1 billion in total proceeds Monetization and synfuel proceeds were used to buy back stock, pay down debt and invest in our growing utilities Additional source of funds will be provided by future monetizations of Barnett properties Uses Debt Paydown & Utility Equity Share Repurchase ~$2B Synfuel $900M (2007-2008) Synfuel ~$1.7B Antrim Forward Sales

Barnett Shale Properties Positioned to Produce Future Shareholder Value Fundamentals are very supportive Strong gas/oil prices Services readily available DTE development of Western assets progressing Economic success in all 5 areas where we have focused drilling activity 70% of revenue from natural gas, 30% oil/gas liquids Recent Core Barnett monetization very successful $250 million sale price 100% after-tax IRR Market continues to be very supportive for sellers Will look to monetize when conditions are appropriate In some areas, could happen in 2008 Clay Zones of DTE Acreage Vertical Wells Horizontal Wells Dallas/ Ft Worth Metropolitan Area 62,000 acres Hood Johnson Erath Jack Somervell Hill Wise Tarrant Bosque Parker Denton Palo Pinto

Power & Industrial (P&I) Update Fundamentals in our P&I business have improved materially over the last year Earnings growing Forecasting continued growth ROIC strong Fundamentals in the asset sale/monetization market have weakened over last year Sellers' market has flipped to buyers' market Driven by persistent debt market dynamics Given this, monetization doesn't maximize shareholder value Neutral to 2008 earnings Monetization would now be dilutive in 2009/2010 As a result, DTE is: Discontinuing work on P&I monetization Raising 2008 operating earnings guidance and 2009 early outlook to reflect retention

Our Consistent Value-Focused Approach to Power & Industrial Investments Continues to Be Successful * Reconciliation to GAAP reported earnings included in the appendix ** Assumes ~ 50/50 debt/equity 2007 2008 2009 Detroit Edison 21 27.5 45 5 0 5 $21 $25 - 35 (includes $5M of D&A expense deferred from 2007) $40 - 50 2007 2008E 2009E Power & Industrial Projects Operating Earnings* $ millions ROIC ROE** 10% 14% 11% 15% 13% 18% EBITDA* $80 $90 $130 Improvements in economics of existing project base New acquisition and new industrial project coming on line for full year in 2009 Future renewable and industrial project development would provide growth after 2009 2008 to 2009 Expected Earnings Drivers $5 D&A deferral

DTE Energy's Business Mix 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr East 20.4 27.4 90 20.4 West 30.6 38.6 34.6 31.6 North 45.9 46.9 45 43.9 2008E Non-Regulated = 15% Regulated = 85% % of Operating Earnings* * Excludes Corporate and Other, reconciliation to GAAP reported earnings included in appendix Detroit Edison 360 MichCon 87.5 FERC/MPSC Regulated Pipes & Storage 37.5 P&I 27 Other Non-regulated 62 Going forward, we expect to maintain an operating earnings mix of approximately: 80 - 85% regulated 15 - 20% non-regulated

Raising 2008 Operating Earnings Guidance, Maintaining EPS Guidance Prior 2008 Guidance New 2008 Guidance Operating Earnings* ($ millions) * Reconciliation to GAAP reported earnings included in the appendix ** Prior guidance assumed $275 million stock buyback in June 2008, new guidance assumes no stock buyback in 2008 Extra 2 quarters of earnings from retaining projects, partially offset by expensing depreciation deferred while projects were classified as "held for sale" Higher earnings offset higher shares outstanding Detroit Edison experienced a catastrophic storm in June Share repurchase program completed Higher projected earnings due to favorable gas and oil prices

Raising 2009 Non-Utility Outlook to Reflect Higher Power & Industrial Project Earnings 2008 Guidance* ($ millions) +6% 2009 Early Outlook* +13% +6% +14% Projected Average Shares Outstanding 163M 163M * Reconciliation to GAAP reported earnings included in the appendix ** Prior 2009 early outlook was $105-$140 million for Non-Utility Operating Earnings* Revised to reflect retention of P&I

Execute strong regulated growth plan DTE Energy: A Focused, Integrated Energy Strategy Execute value-focused non-utility plan Continue to pay an attractive dividend Realize projected utility earnings growth Near-term: 7 - 9% per year Long-term: 5 - 6% per year Upside potential from renewables Manage constructive regulatory environment Use cost savings to minimize rate increases Advocate for comprehensive energy policy that will promote growth in Michigan Proven track record of non-utility value creation Reduced scale and disciplined approach focused on: Premium return on investment Long-term value creation $2.12 per share

Contact Us DTE Energy Investor Relations www.dteenergy.com/investors 313-235-8030

Appendix

Our Sustainable Dividend is Very Competitive As utility earnings increase, our payout ratio will improve, providing flexibility to consider further dividend increases Industry Dividend Yield PNW 0.065 ED 0.058 PGN 0.057 NI 0.052 WR 0.052 TEG 0.051 DTE 0.049 SCG 0.048 SO 0.047 XEL 0.047 CNP 0.045 VVC 0.041 NST 0.041 DPL 0.04 LNT 0.04 AEP 0.04 PCG 0.039 TE 0.037 NU 0.032 FPL 0.027 FE 0.027 ETR 0.025 SRP 0.024 CMS 0.024 WEC 0.023 EXC 0.022 DTE 4.9% June 25, 2008

Power & Industrial Projects Provide Utility-Like Services to Select, Energy-Intensive Industries Coke Battery (metallurgical coal) Pulverized Coal Injection On-Site Energy Renewables Value Proposition Power & Industrial Asset Type Own interest in 4 coke batteries Expect to produce 2 million tons of coke in 2008 Own 3 pulverized coal injection projects Expect to produce 1.3 million tons in 2008 17 on-site projects Service contracts at 13 additional projects Market location, supply / demand Product quality Operational excellence Long-term contracts for inputs and output Cost savings through fuel switching - using pulverized coal instead of high-priced gas/oil/coke Output under long term contract Labor savings / O&M efficiency Fuel switching / energy savings Long-term contracts with plant closing protections 26 landfill gas recovery sites across the US (produced 23.5 Bcf in 2007) 2 biomass fired facilities Cost-competitive, reliable green power Fuel switching - substitute biomass / biogas for natural gas

Long-Term Contracts P&I projects have long-term contracts, typically from 10-20 years On-site advantage gives us a high probability of contract renewal Strong Customer Sites Invest at customer sites with long-term viability in relation to competitive facilities Limited Commodity Risk Contracts are structured to require the customer to purchase commodities (or make them a pass-through obligation) Predictable Cash Flows Sales volume risk is limited due to the structure of contracts (take-or-pay or take- if-tendered provisions or requirement contracts) Predictable operating costs and maintenance cycles and projects employ relatively uncomplicated and proven technologies Minimal maintenance capital is typically required Power & Industrial Projects Has a Low Risk Business Strategy DTE's P&I Business is relatively low risk. The P&I group leverages our utility operating experience to provide "private utility" services to select energy-intensive industries.

Reconciliation of 2007 Reported to Operating Earnings Use of Operating Earnings Information - DTE Energy management believes that operating earnings provide a more meaningful representation of the Company's earnings from ongoing operations and uses operating earnings as the primary performance measurement for external communications with analysts and investors. Internally, DTE Energy uses operating earnings to measure performance against budget and to report to the Board of Directors. Coal Services Gas Midstream $21 $32 $53

Reconciliation of 2007 Power & Industrial Reported Earnings to EBITDA Use of EBITDA Information - DTE Energy management believes that EBITDA provides a meaningful representation of the company's performance and uses EBITDA as a complementary performance measure with earnings.

Reconciliation of 2008 and 2009 Reported to Operating Earnings Use of Operating Earnings Information - DTE Energy management believes that operating earnings provide a more meaningful representation of the company's earnings from ongoing operations and uses operating earnings as the primary performance measurement for external communications with analysts and investors. Internally, DTE Energy uses operating earnings to measure performance against budget and to report to the Board of Directors. In this presentation, DTE Energy provides 2008 guidance and 2009 early outlook for operating earnings. It is likely that certain items which impact the company's 2008 and 2009 reported results will be excluded from operating results. A reconciliation to the comparable 2008 and 2009 reported earnings/net income guidance/early outlook is not provided because it is not possible to provide a reliable forecast of specific line items. These items may fluctuate significantly from period to period and may have a significant impact on reported earnings. In this presentation, DTE Energy provides 2008 and 2009 EBITDA for its Power & Industrial Projects segment. It is possible that certain items which impact the company's 2008 and 2009 reported results will be excluded from operating results and EBITDA. A reconciliation to the comparable 2008 and 2009 reported earnings is not provided because it is not possible to provide a reliable forecast of specific line items. These items may fluctuate significantly from period to period and may have a significant impact on reported earnings. Use of EBITDA Information - DTE Energy management believes that EBITDA provides a meaningful representation of the company's performance and uses EBITDA as a complementary performance measure with earnings.

EX-99.2

Exhibit 99.2

July 2, 2008

DTE Energy provides midyear business update

     DETROIT — DTE Energy (NYSE:DTE) will conduct a conference call for the investment community at 9:00 a.m. EDT Wednesday, July 2, to provide a midyear business update. Investors, the news media and the public may listen to a live internet broadcast of the meeting at dteenergy.com/investors. The telephone dial-in numbers are (877) 718-5104 or (719) 325-4842. There is no passcode.

     On the call, DTE Energy will provide an update on pending Michigan energy legislation. The Michigan House and Senate recently passed comprehensive energy bills that would address Michigan’s Electric Choice law and establish requirements for renewable energy and efficiency programs in the state. DTE Energy appreciates the bi-partisan leadership that supported the energy bills, and encourages the legislature and the governor to quickly reconcile and approve a final energy reform plan.

     DTE Energy will also provide an update on its non-utility businesses. Strong market conditions and continued successful development of the company’s Barnett Shale acreage could create opportunities to sell acreage in some areas by year-end 2008. Also, the company will provide an update on its previously announced Power & Industrial Projects transaction. Since announcing the transaction in June 2007, the fundamentals in its Power & Industrial Projects business have improved materially. Given the current deal economics and DTE Energy’s commitment to maximize shareholder value, the company has discontinued work on the Power & Industrial Projects monetization and plans to retain full ownership of the projects.

     As a result, DTE Energy is raising its 2008 operating earnings guidance for the Power & Industrial Projects segment to $25 million to $35 million, and is initiating a 2009 early earnings outlook for this segment of $40 million to $50 million.

     Overall, DTE Energy is maintaining its 2008 operating earnings guidance of $2.80 — $3.20 per diluted share, since higher Power & Industrial Projects earnings are expected to be offset by higher shares outstanding as the company no longer expects to buy back additional stock in 2008.

     The internet broadcast will be archived on the company’s website, and an audio replay of the call will be available until July 16. To access the replay, dial (888) 203-1112 or (719) 457-0820 and enter passcode 6735447.

     DTE Energy is a Michigan integrated energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include Detroit Edison, an electric utility serving 2.2 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.3 million customers in Michigan and other non-utility, energy businesses focused on gas pipelines and storage, unconventional gas production, power and industrial projects and energy trading. Information about DTE Energy is available at dteenergy.com.

     The information contained herein is as of the date of this release. DTE Energy expressly disclaims any current intention to update any forward-looking statements contained in this release as a result of new information or future events or developments. Words such as “anticipate,” “believe,” “expect,” “projected” and “goals” signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various assumptions, risks and uncertainties. This release contains forward-looking statements about DTE Energy’s financial results and estimates of future prospects, and actual results may differ materially.

     Factors that may impact forward-looking statements include, but are not limited to: the potential requirement to refund proceeds received from synfuel partners; the uncertainties of successful exploration of gas shale resources and inability to estimate gas reserves with certainty; the effects of weather and other natural phenomena on operations and sales to customers, and purchases from suppliers; economic climate and population growth or decline in the geographic areas where we do business; environmental issues, laws and regulations, and the cost of remediation and compliance, including potential new federal and state requirements that could include carbon and more stringent mercury emission controls, a renewable portfolio standard and energy efficiency mandates; nuclear regulations and operations associated with nuclear facilities; impact of electric and gas utility restructuring in Michigan, including legislative amendments and Customer Choice programs; employee relations and the impact of collective bargaining agreements; unplanned outages; access to capital markets and capital market conditions and the results of other financing efforts which can be affected by credit agency ratings; the timing and extent of changes in interest rates; the level of borrowings; changes in the cost and availability of coal and other raw materials, purchased power and natural gas; effects of competition; impact of regulation by the FERC, MPSC, NRC and other applicable governmental proceedings and regulations, including any associated impact on rate structures; contributions to earnings by non-utility subsidiaries; changes in and application of federal, state and local tax laws and their interpretations, including the Internal Revenue Code, regulations, rulings, court proceedings and audits; the ability to recover costs through rate increases; the availability, cost, coverage and terms of insurance; the cost of protecting assets against, or damage due to, terrorism; changes in and application of accounting standards and financial reporting regulations; changes in federal or state laws and their interpretation with respect to regulation, energy policy and other business issues; amounts of uncollectible accounts receivable;

binding arbitration, litigation and related appeals; changes in the economic and financial viability of our suppliers, customers and trading counterparties, and the continued ability of such parties to perform their obligations to the Company; and timing, terms and proceeds from any asset sale or monetization. This release should also be read in conjunction with the “Forward-Looking Statements” section in each of DTE Energy’s and Detroit Edison’s 2007 Form 10-K and 2008 Forms 10-Q (which sections are incorporated herein by reference), and in conjunction with other SEC reports filed by DTE Energy and Detroit Edison.

# # #

For further information, members of the media may contact:

Len Singer	Lorie N. Kessler
(313) 235-8809	(313) 235-8807
Analysts — for further information:
Dan Miner	Lisa Muschong
(313) 235-5525	(313) 235-8505