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Revenue (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following is a summary of revenues disaggregated by segment for DTE Energy:
Three Months Ended March 31,
20252024
(In millions)
Electric(a)
Residential$720 $700 
Commercial529 556 
Industrial160 183 
Other(b)
50 31 
Total Electric operating revenues$1,459 $1,470 
Gas
Gas sales$692 $565 
End User Transportation91 82 
Intermediate Transportation31 29 
Other(b)
62 35 
Total Gas operating revenues$876 $711 
Other segment operating revenues
DTE Vantage$188 $184 
Energy Trading$2,026 $933 
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(a)Revenues generally represent those of DTE Electric, except $5 million and $4 million of Other revenues related to DTE Sustainable Generation for the three months ended March 31, 2025 and 2024, respectively.
(b)Includes revenue adjustments related to various regulatory mechanisms, including the PSCR at the Electric segment and GCR at the Gas segment. Revenues related to these mechanisms may vary based on changes in the cost of fuel, purchased power, and gas.
Revenues included the following which were outside the scope of Topic 606:
Three Months Ended March 31,
20252024
(In millions)
Electric — Alternative Revenue Programs$1 $— 
Electric — Other revenues $5 $
Gas — Alternative Revenue Programs$ $
Gas — Other revenues$3 $
DTE Vantage — Leases$15 $14 
Energy Trading — Derivatives$1,499 $659 
Summary of Deferred Revenue Activity
The following is a summary of deferred revenue activity for DTE Energy:
Three Months Ended March 31,
20252024
(In millions)
Beginning Balance, January 1$138 $106 
Increases due to cash received or receivable, excluding amounts recognized as revenue during the period51 35 
Revenue recognized that was included in the deferred revenue balance at the beginning of the period(43)(25)
Ending Balance, March 31$146 $116 
Deferred Revenue Amounts Expected to be Recognized as Revenue in Future Periods
The following table represents deferred revenue amounts for DTE Energy that are expected to be recognized as revenue in future periods:
DTE Energy
(In millions)
2025$129 
202616 
2027
2028— 
2029— 
2030 and thereafter— 
$146 
The Registrants expect to recognize revenue for the following amounts related to fixed consideration associated with remaining performance obligations in each of the future periods noted:
DTE EnergyDTE Electric
(In millions)
2025$165 $11 
2026175 
2027136 — 
202894 — 
202980 — 
2030 and thereafter328 — 
$978 $12