DTE Electric 8-K Entry into a Material Definitive Agreement

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 10, 2007

	Exact Name of Registrant as Specified in its Charter,
	State of Incorporation, Address of Principal
Commission	Executive Offices and Telephone Number	I.R.S. Employer
File Number		Identification No.
1-11607	DTE Energy Company (a Michigan corporation) 2000 2nd Avenue Detroit, Michigan 48226-1279 313-235-4000	38-3217752
1-2198	The Detroit Edison Company (a Michigan corporation) 2000 2nd Avenue Detroit, Michigan 48226-1279 313-235-4000	38-0478650

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (seeGeneral Instruction A.2. below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

Form of Amendment No. 1 to Detroit Edison Five-Year Credit Agreement

Form of Amendment No. 1 to Second Amended and Restated Five-Year Credit Agreement

Item 1.01. Entry into a Material Definitive Agreement.

     On January 10, 2007, The Detroit Edison Company (“Detroit Edison”) amended its $68,750,000 five-year unsecured revolving credit agreement dated as of October 17, 2005, by and among Detroit Edison, the lenders party thereto, Barclays Bank PLC (“Barclays”), as Administrative Agent, and Citibank, N.A. (“Citibank”) and JPMorgan Chase Bank, N.A. (“JPMorgan”) as Co-Syndication Agents (“Five-Year Credit Agreement”), and simultaneously amended its $206,250,000 five-year unsecured revolving credit agreement dated as of October 17, 2005, by and among Detroit Edison, the lenders party thereto, Barclays, as Administrative Agent, and Citibank and JPMorgan as Co-Syndication Agents (“Second Amended and Restated Five-Year Credit Agreement”) (collectively the “Amendments”). The Amendments clarify certain aspects of the calculation of Detroit Edison’s debt-to-capitalization ratio and provide for the exclusion of the non-cash effects of implementation of FASB Statement of Financial Accounting Standards No. 158 from such calculation.

     Forms of the Amendments to the Five-Year Credit Agreement and the Second Amended and Restated Five-Year Credit Agreement are filed as exhibits 10.1 and 10.2 to this Current Report, respectively.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

10.1	Form of Amendment No. 1 to Five-Year Credit Agreement, dated as of January 10, 2007, by and among Detroit Edison, the lenders party thereto, Barclays, as Administrative Agent, and Citibank and JPMorgan as Co-Syndication Agents.
10.2	Form of Amendment No. 1 to Second Amended and Restated Five-Year Credit Agreement, dated as of January 10, 2007, by and among Detroit Edison, the lenders party thereto, Barclays, as Administrative Agent, and Citibank and JPMorgan as Co-Syndication Agents.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

Date: January 17, 2007	DTE ENERGY COMPANY (Registrant)
	/s/ David R. Murphy
	David R. Murphy
	Assistant Treasurer

THE DETROIT EDISON COMPANY
(Registrant)
 

/s/ David R. Murphy  

David R. Murphy  

Assistant Treasurer 

EXHIBIT INDEX

Exhibit
Number		Description
	10.1	Form of Amendment No. 1 to Detroit Edison Five-Year Credit Agreement, dated as of January 10, 2007, by and among Detroit Edison, the lenders party thereto, Barclays, as Administrative Agent, and Citibank and JPMorgan as Co-Syndication Agents.
	10.2	Form of Amendment No. 1 to Second Amended and Restated Five-Year Credit Agreement, dated as of January 10, 2007, by and among Detroit Edison, the lenders party thereto, Barclays, as Administrative Agent, and Citibank and JPMorgan as Co-Syndication Agents.