A simple, fair and flat six percent corporate income tax rate is among the lowest in the nation and has slashed business costs by 83 percent. Manufacturers realize even greater savings through the phase out and elimination of the state personal property tax.
Annually, the State of Michigan offers $150 million in incentives and assistance. An additional $100 million is available for small and midsize businesses. Michigan ranks third in the country in private sector lending to small businesses.
Energy for Your Business
Whether you are starting or expanding your current Michigan business or selecting our region for your new business development, our team of specialists are ready to assist you.
Michigan is the center of a global economic corridor located within 500 miles of half of the United States and Canadian population. Michigan's economic activity is at a 10-year high and has the sixth-highest rate of growth in the country, so this is the place to start, expand or relocate your business.
What DTE Energy Offers
Our goal is to provide our customers with the most reliable and affordable energy service possible. Our utility expertise, energy technology and management services can help you optimize energy use and manage energy costs. Here’s how we provide you with the best customer service:
- Confidential building and site location assistance
- Rate analysis and support
- Strong community and economic development partnerships to provide direct access to key decision makers
- Expertise and experience in the electric and natural gas utility business
- Incentives to assist with your energy infrastructure needs
Nearly 14,000 manufacturing establishments have access to one of the world's largest concentration of industrial research and development professionals, plus a top-ranked research university system.
Michigan has the fourth-largest high-tech workforce with more than 87,000 engineers, 70,000 research and development professionals and 75,000 skilled trades people. Michigan also ranks third in the number of engineering degrees awarded annually.
Our utility expertise—coupled with the variety of energy technology, management and marketing services offered by DTE Energy subsidiaries—means our team can provide valuable advice and assistance to help you optimize energy use and manage energy costs.
Whether it’s a major renovation or new building, DTE can help you create a solid energy-efficient foundation to build on. Our New Construction & Major Renovation Program can help you determine energy costs for a construction project of any size.
Michigan offers an affordable cost of living with award-winning communities, beaches, mountains, forests, parks and museums. There are hundreds of cultural and historical attractions surrounded by four of the five Great Lakes.
Contact Us
Let us help you discover the advantages of starting, expanding or relocating your business to Michigan. Contact a DTE Energy economic development specialist today at econ_dev@dteenergy.com or call 855.367.0255. One of our specialists will contact you within 24 hours.
Get estimates of the rates, connection costs and necessary electric infrastructure upgrades for your major expansion or relocation projects on up to five sites within five business days or less.
Call us at 855.367.0255 or complete the online Customer Connection form. Once completed, save the form and email it as an attachment to econ_dev@dteenergy.com.