2014

DTE Energy Selects SPX as Home Charging Installation Partner for Residential Plug-In Electric Vehicle Program

DETROIT, March 1, 2011 /PRNewswire/ -- DTE Energy today announced that it has selected the SPX Service Solutions business unit as the exclusive provider of turnkey electric vehicle home charging installation services for residential customers participating in the utility's electric vehicle rate program.

SPX Service Solutions will offer home charging installation services for up to 2,500 DTE Energy electric customers in a pilot program offered by the utility. The program offers lower rates for customers to charge electric vehicles, as well as company-provided charging stations and funding towards installation.

"We want to jump-start the Plug-in Electric Vehicle market in Southeastern Michigan," said Trevor Lauer, DTE Energy vice president, Marketing & Renewables. "DTE Energy is working closely with all the automakers to understand their models and how we can integrate with them to make the PEV experience seamless to our customers."

SPX will provide DTE Energy electric customers with a one-stop solution to select and install the proper equipment to charge their plug-in electric vehicle. As the exclusive provider on the program, the SPX electric vehicle team will manage all aspects of home charging, including home surveys, 240-volt charging stations that reduce the time required to charge electric vehicles, installations, permitting, inspections, coordination with the utility, and post installation services.

"DTE Energy is taking the lead among utility companies preparing themselves for new infrastructure and service requirements in the emerging environment for electric vehicles," said Tanvir Arfi, President of SPX Service Solutions. "SPX is working with utility companies, car manufacturers and other partners worldwide to provide innovative home-charging solutions to meet the needs of this new industry."

Most DTE Energy customers enrolled for service under the reduced rates will receive a separate meter capable of recording the energy used to charge the electric vehicles and the time of day when charging occurs. Eligible customers will be provided two rate options: one with a lower rate for charging during off-peak hours (11 p.m. to 9 a.m. Monday through Friday and all day weekends) and another that provides for a monthly flat fee of $40 per vehicle. DTE Energy can fund up to $2,500 toward a company- provided charging station and separately metered installation.

SPX Service Solutions was recently selected by GM as the exclusive provider of home-charging services for the Chevrolet Volt, and offers a dedicated customer-service team for electric vehicle programs. Headquartered in Warren, Mich., SPX Service Solutions has almost 100 years of automotive industry experience and supports car companies and dealerships worldwide with diagnostic equipment, tools and services. With offices around the world, SPX designs, manufactures and markets a fully integrated family of global brands providing special service tools, advanced diagnostic and shop equipment and technical information for vehicle servicing and maintenance.

To learn more about the DTE Energy home charging program, please visit dteenergy.com/pev page.

To learn more about SPX Service Solutions, visit www.servicesolutions.spx.com.

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 Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.2 million customers in Michigan and other non-utility, energy businesses focused on gas storage and pipelines, unconventional gas production, power and industrial projects, and energy trading. Information about DTE Energy is available at dteenergy.com and at twitter.com/dte_energy.

About SPX

SPX Corporation (NYSE: SPW) is a Fortune 500 multi-industry manufacturing leader that provides its customers with highly-specialized, engineered solutions to solve critical business issues. SPX products and technologies play an important role in the expansion of global infrastructure to help meet increased demand for power and energy and support many different sources of power generation, including coal and natural gas, nuclear, solar and geothermal. The company's innovative product portfolio, containing many energy efficient products, includes cooling systems for power plants throughout the world; highly advanced food processing components and turnkey, scalable systems serving the global food and beverage industry; process equipment that assists a variety of flow processes including oil and gas exploration, distribution and refinement and power generation; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that allow utility companies to regulate electric voltage, transmission and distribution. With headquarters in Charlotte, N.C., SPX has 15,000 employees in more than 35 countries worldwide. Visit http://www.spx.com.

Certain statements in this press release including any statements relating to actions to be taken under the agreement, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The word "expect," "believe," "agreed," and similar expressions may identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Statements in the press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements.

SOURCE DTE Energy



RELATED LINKS
http://www.dteenergy.com
http://www.servicesolutions.spx.com

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