DTE Electric Co. engages in the generation, purchase, distribution and sale of electricity. The firm generates electricity from various fossil-fuel plants, a hydroelectric pumped storage plant, a nuclear plant, and wind and other renewable plants, as well as purchases electricity from generators, suppliers and wholesalers. It purchases and sells electricity from and to governmental entities and numerous companies operating in the steel, automotive, energy, retail and other industries. The company was founded in 1903 and is headquartered in Detroit, MI.