# Michigan utility DTE Energy says it will freeze rates for its entire customer base.

*business · news · 2026-04-30 · Business Insider*

## Key points

- DTE Energy will freeze customer rates for two years if the Oracle-OpenAI data center launches on schedule.
- The data center must generate $300 million in additional revenue to keep Michigan power bills steady.
- Oracle just secured financing with Related Digital, Blackstone, and Pimco to fund the Michigan data center project.
- Michigan's Attorney General has appealed DTE's unreviewed data center contracts, questioning claimed affordability benefits.
- Community opposition, construction delays, and labor shortages could jeopardize the planned data center timeline.

**Companies:** Oracle, OpenAI
**Countries:** United States

[Read the full story on Business Insider](https://www.businessinsider.com/oracle-open-ai-data-center-michigan-power-rates-2026-4)

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