DIGEST: DTE's 2018 Corporate Records
Hi Soulardarity supporters - it's Jackson here! A few articles have come out lately about our friendly neighborhood utility's 2018 performance. In summary...
- DTE Energy's CEO Gerry Anderson made 91 times the pay of the median employee at DTE Energy. That doesn't include his personal returns on the $100+ in DTE stock which he owns. This source pegs the median salary at DTE over $80 K per year. Try to imagine the gap between Gerry's pay and the lowest paid employees at DTE.
- DTE's effective federal tax rate in 2018 was negative - meaning the taxpayers subsidized their business.
- DTE is under federal investigation for their relationship to “a secretive front group funded by utility companies and devoted to rolling back Clean Air Act (CAA) regulations.”
- DTE's Integrate Resource Plan proposal was released, showing their continued drive towards coal and gas over clean and renewable energy (s/o to our own Nichols in this article!)
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