Retention of generation assets supports supply needs, Favorable gas supply and storage position, and Expectations for recovery of costs. Uncompetitive industrial rates have caused customer attrition, Increasing emphasis on higher-risk, nonregulated operations, Weak electric utility service territory, and Underperforming gas utility. The ratings on DTE Energy Co. reflect its consolidated credit quality, which includes its regulated electric utility, Detroit Edison Co., regulated gas utility, Michigan Consolidated Gas Co. (MichCon), and other affiliates. The credit quality of DTE Energy and its affiliates remain pressured following the resolution of several regulatory issues in 2004 and early 2005. Detroit Edison's competitive position and cash flow eroded throughout 2004 with the introduction of deregulation in Michigan, but the Michigan Public Service Commission's (MPSC) decision
