Business Context and Reporting Period
This Form 8-K is a current report filed by DTE Energy Company and its wholly-owned subsidiary, The Detroit Edison Company, on August 1, 2012. The filing addresses regulatory actions taken by The Detroit Edison Company regarding accounting authority.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a regulatory filing event rather than financial performance results.
Material Changes
On August 1, 2012, The Detroit Edison Company filed an application for accounting authority with the Michigan Public Service Commission (MPSC) under case number U-17068. A summary of this application was posted to the DTE Energy website.
Guidance, Outlook, and Risks
The report contains forward-looking statements subject to various assumptions, risks, and uncertainties. Management directs readers to the "Forward-Looking Statements" sections in the 2011 Forms 10-K and 2012 Forms 10-Q for details on factors that could cause actual results to differ materially. The company expressly disclaims any current intention to update these forward-looking statements based on new information.
Investor Verification Checklist
- Verify the status of MPSC case number U-17068 on the Michigan Public Service Commission website.
- Review the full text of the accounting authority application summary attached as Exhibit 99.1.
- Consult the 2011 Form 10-K and 2012 Form 10-Q for detailed risk factors and forward-looking statement disclosures.