Introducing DTE's New Time of Day Rate
More Choice, More Control!
In March 2023, a change is coming to how DTE residential electric customers manage their energy by giving them more choice and more control. It is called ‘Time of Day 3 p.m. – 7 p.m. rates.’ With our new Time of Day 3 p.m. - 7 p.m. rate, energy costs vary depending on when customers use it. This rate allows customers the opportunity to control their bill by choosing when to use energy and lower demand during peak times. Time of Day means more control for our customers’ families and less strain on the grid, helping to build a more reliable energy future for everyone.
You or your family and friends may have questions about this change. Below are key points to know about the new rate structure, why the change is happening, and what to expect in March:
1. Electric companies across the state have been asked by the Michigan Public Service Commission (MPSC) to implement new time of day rates for Michigan’s residential electricity customers. Consumers Energy rolled out their new time of day rate in 2021, and other electric utilities across the nation are moving to time of day rate structures.
2. This change is revenue neutral for DTE, meaning we do not profit from this change.
3. DTE’s new Time of Day 3 p.m. – 7 p.m. off-peak rate will be lower than the current average customer rate.
4. With this change, customers can take advantage of a lower rate 20 hours a day Monday through Friday and all weekend long when the cost to generate electricity is lower.
Off-Peak Hour Rates
20 hours during the weekday
plus ALL WEEKEND:
15.45¢ PER kWh
Peak Hour Rates
4 hours during the weekday from
3 p.m. - 7 p.m.
16.75¢ PER kWh
20.98¢ PER kWh
For more information, watch our Time of Day introduction video and visit our website for Frequently Asked Questions www.dteenergy.com/timeofday.