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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: JANUARY 27, 1995
THE DETROIT EDISON COMPANY
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(Exact name of registrant as specified in its charter)
MICHIGAN 1-2198 38-0478650
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(State of Incorporation) (Commission (IRS Employer
File No.) Identification No.)
2000 SECOND AVENUE
DETROIT, MICHIGAN 48226
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(Address of principal executive offices)
Registrant's telephone number, including area code: (313) 237-8000
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Item 4 - Changes in Registrant's Certifying Accountant
(a) The Detroit Edison Company's ("Company") Board of Directors, upon the
recommendation of the Board's Audit Committee, has appointed Deloitte
& Touche LLP as independent accountants of the Company for the year
1995. The appointment is subject to ratification by the Company's
Common Stock Shareholders at the Annual Meeting of Common Stock
Shareholders to be held on April 24, 1995 ("Annual Meeting"). (The
Company's Board of Directors has also approved the formation of a
holding company; and ratification of the appointment of Deloitte &
Touche LLP as independent accountants of the Company will be
considered ratification of the firm's appointment as independent
accountants for the holding company if the holding company is approved
at the Annual Meeting.)
(b) In prior years, Price Waterhouse LLP served as independent accountants
of the Company. During the Company's two fiscal years ending December
31, 1994 and the subsequent interim period from January 1, 1995
through the date hereof, there have been no disagreements with Price
Waterhouse LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which,
if not resolved to its satisfaction, would have caused Price
Waterhouse LLP to make reference thereto in their report on the
financial statements for such years. None of Price Waterhouse LLP's
reports on the financial statements for the past two years contained
an adverse opinion or a disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles.
Item 7 - Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Exhibit
Number
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16-1 Letter from Price Waterhouse LLP re change in certifying
accountant, dated January 27, 1995.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE DETROIT EDISON COMPANY
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(Registrant)
/s/ Ronald W. Gresens
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Ronald W. Gresens
Vice President and Controller
Date: January 27, 1995
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File No. 1-2198
THE DETROIT EDISON COMPANY
Exhibit Index to
Current Report on Form 8-K
dated January 27, 1995
Exhibits Filed
Herewith Page No.
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16-1 Letter from Price Waterhouse LLP re change in
certifying accountant, dated January 27, 1995
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Exhibit 16-1
[LETTERHEAD OF PRICE WATERHOUSE LLP]
January 27, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
We have read Item 4 of The Detroit Edison Company's Form 8-K dated January 27,
1995 and are in agreement with the statements contained in paragraph 4(b)
therein.
Yours very truly,
/s/ Price Waterhouse LLP
