to Thanks, another Jonathan. report quarter of I'm morning, everyone. progress. Good pleased solid
came to Our second the core $X.XX, quarter first half. at per the us share earnings for in bringing for $X.XX
our reaffirming XX% from are starting and least XXXX. $X.XX longer-term reaffirming each we're also least of $X.XX, and earnings X% continuing at XXXX our XXXX at of We year share up XXXX, growth guidance in range per through to
commitment our quarter call. financing XXXX changes no to you our first In plan, with during remain firm our which have been addition, we in new in X-year there equity to no we shared
in June investor X. Slide so our were of excited at to We you in see Moving City. New to event York many
affordable a making electrification a that and investments for cost. our see energy and can protections foundation, financial York societal infrastructure with customers, where Our future physical decarbonized pathway we message model as affordable in with at deliver our our was of lower layers a New simple, the critical
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load the were rate Just from incremental general case this and the staff fact, customers $X.X the which thesis for out for to affirming comments forward-looking connecting delivers meeting, XX.X%. commissioners, month, California's in the back of same if investment customer that our opportunity At in encouraged resolution capital voted CPUC new X by investors. customers for value real supported broader and is authorizing on Phase return approved equity request and to our an of can affordability. with regulatory more environment increasing it. be strong. We billion an go beneficial the need energization CPUC
has reduced news Using not could mitigating no Weather you've continued and Area California, the Service team with And strategy for on be safety service significantly prouder pyramid stretch the no our of increased our update alerts experiencing our for reliability What's line the incidents. the our the This to wildfire over X, Bay as and performance in been seen week. X day their the matter sure heat conditions area. in execution, brought National serious coverage issued well is risk we've in heat and as ground flex themselves, consistent I'm posture, events recent wind system as I warning important speak day plenty out. of and of brief holiday wildfire our risk The on our is Slide layers of duration that the bottom And risk. turning physical framework. a results elevated risk. power longest no Take protection across readiness X.X the for Office. ever by day July and it example, was excessive tenacity
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We increased pleased are wildfire being seen California. performance across this the activity with given
XX reportable with is at executed season, increasing versus higher affected time far conditions, we've X year-to-date events our circuit with high-risk XXXX about certainly under X prepared or days for this versus up this X last So XX% in largest year. under year-to-date planned running the mile customers two, X,XXX our PSPS ignitions conditions, and at and and one. our CPUC Risk
conductor. all dynamic and as response. conditions have been including protection dynamic year-over-year, on vegetation year To repairs another inspections and of X, a improved listed prevent require more system ignitions, both more we have of of management which and and undergrounding Slide These covered layers hardening,
turn improved and our fire energy and when advanced stations, play. weather ignition come we to warrant, thanks have into awareness situational power ignitions, Where science meteorology as Finally, safety our mitigations can EPSS we have we times and do to faster shutoffs. less tools, reaction post including models, conditions public released
team our include protect protection every XX made up firefighters These who infrastructure safety day. of assets our former
former are of CAL whom specialists, FIRE, Our most are XX U.S. public safety
XX Service agency experience. Officers at Forest least with Chief leadership years of
water wildfire we hazard awareness level XXX to resources capabilities, retardants, response to on Hawk fire smoke making over XXX county cameras available responders, are CAL FIRE. automatically to rapid Our detection the through deployed state with helicopters AI Center, supplement agencies significant which drop Warning first fire Black notifying plus equipped including XX/X
is risk by like risk wildfires point recently by One Moody's. our to completed Moody's we've mitigations a I'd Analysis third-party that note PG&E model the the to assessment that estimates wildfire loss have RMS reduced from of XX%. economic using
to to forward, by a of range account the expect takes benchmark, provides risk, other across and key utilities. refer the risk for this better no referred it conditions, a safer matter which making we to widely day. industry wider physical message methodology on is are the us our into used past, you CPUC model every comparability systems price mitigations The Going third-party the based should to conditions is, in our than insurance
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XXXX process are place to While means of for as during the keen now billion threshold reimbursement the in from in some liquidity quarter, Fire. working are Wildfire action. that benefits are Dixie Fund passed settle to and eligible AB claims to the Well, the we second you related we This of see the fund. the XXXX access $X designed,
for and funding anticipation in the our Fire billion, took accrual of previously Dixie $X.X $XXX claims. Our remains a fund the million reserve
requests to a for of ensure submitted the as with administrator been our to beginning us July, such an XX closely We request adjudication. to We've has payment earlier in reimburse working requirement be within soon as reimbursement quarter process fund statutory third monthly. the with made days claim orderly and first the
and quarterly well-understood Given that progress and both we with fire risk posture line, entirely a financially, mitigation has with investors. California, safety citizens next differentiated and our update controls. for an has become our anticipate an on our Wild well-understood call. time physically having
power up pyramid. Moving our
opportunity plan on see our against right. left model is our on we Slide is inflation amplification existing for Here X this strong the needed the make we affordable and simple on how the with keeping model investors. Execution this enduring additional or no of resiliency and An big investments Think below customers. our reliability, our for bets. value and with for model safety, customers while runway winning for as bills at
my the I Now of update Slide month. on and X working story our to share an let's from inspections. reinventing turn to wanted the team
performance right work As a we to reminder, avoiding our by through in that we the are doing changes inspection using shared costs strategy. June, our playbook,
that heard XX% our million of at that's target. from Dublin they year, our reduction O&M expect save our You innovation roughly and $XXX team over this center, to
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