DTE Energy offering critical resources to business customers to help them through coronavirus crisis
April 06 2020 - 7:52AM
DETROIT, Apr. 6, 2020 — DTE Energy, Michigan's largest
energy company, is making its business customers aware of programs
that can provide financial lifelines, as well as offering guidance
on reducing their energy bills during the coronavirus
pandemic.
One form of assistance promoted by DTE is forgivable loans
offered by the Paycheck Protection Program (PPP), administered by
the Small Business Administration. DTE has joined with a
diverse business and community coalition in communicating how PPP
loans offer critical help to businesses impacted by the
pandemic. The loans are forgivable if certain criteria are
met and provide small businesses with funds to pay up to eight
weeks of payroll costs including benefits. Funds can also be used
to pay interest on mortgages, rent, and utilities. More information
on the program’s participating lending institutions and answers to
common questions can be found here.
“We want businesses to know that DTE cares about them at this
critical time, and we want them to stay safe throughout the crisis,
as well as weather the financial challenges it has brought,” said
Jerry Norcia, president and CEO of DTE Energy. “We’ll get through
this crisis together as strong partners ready to power growth and
prosperity as Michigan recovers.”
While the PPP loans will help small businesses cover some costs,
DTE is encouraging customers to cut expenses further with some
simple, no-cost steps for quick reductions in energy usage that can
help lower energy bills. Steps include:
- Shut off unnecessary lighting. Double-check that
all unused lights are turned off and make any adjustments to timers
if necessary.
- Close unoccupied areas. By closing off rooms, floors or
entire wings that are vacant or not being used, you’ll be able to
reduce lighting and HVAC usage, lowering your bills even
further.
- Turn off non-critical electronics and other
equipment. Make sure any non-critical electronics are
turned off for now, especially computers and monitors, printers,
coffee makers or warmers, radios, and internal signage or TV
screens. If your business uses any commercial grade kitchen
equipment, such as stoves or ovens, make sure items like burners,
fryers and warmers are shut off.
DTE’s full set of information resources on the PPP loan program,
energy efficiency tips, and other programs that can benefit
businesses is available online here. DTE has also posted a
page helping all customers understand its response to the
coronavirus pandemic here.
About DTE Energy
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy
company involved in the development and management of
energy-related businesses and services nationwide. Its operating
units include an electric company serving 2.2 million customers in
Southeast Michigan and a natural gas company serving 1.3 million
customers in Michigan. The DTE portfolio includes energy businesses
focused on power and industrial projects; renewable natural gas;
natural gas pipelines, gathering and storage; and energy marketing
and trading. As an environmental leader, DTE utility operations
will reduce carbon dioxide and methane emissions by more than 80
percent by 2040 to produce cleaner energy while keeping it safe,
reliable and affordable. DTE Electric aspires to achieve net zero
carbon by 2050. DTE is committed to serving with its energy through
volunteerism, education and employment initiatives, philanthropy
and economic progress. Information about DTE is available at
dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and
facebook.com.
Pete Ternes
DTE Energy
313.235.5555
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