know California quarter we heartbreaking your please you, results. everyone. month's today. But fourth to fires Jonathan. allow and mind, full-year last your first, me Southern I cover in will about on them our morning, Good and concerns Thank address are
PG&E. we of Slide As say, power, at is XXXX X another to year performance powerful are performance was some highlights. our of XXXX and like On
fourth earnings per year, share XXXX. were Our the core us for quarter $X.XX over bringing for the to $X.XX, and growth XX%
least with year. up change XXXX which from growth XX% no X% at range midpoint for EPS our results. the $X.XX. XXXX $X.XX by through range our guidance guidance to This our each XXXX, XXXX We've bumps updated $X.XX remains our to XXXX There's actual to
future to based from us off in our XXXX, year will growth continue results. saw be As actual both XXXX you and
fund plans. December, equity also investment provided clarity with December need billion In is dividend XXXX you our our capital With on we fully behind us. the $XX issuance, through our plan to
rate $X.XX, dividend Our up for in $X.XX annual XXXX. is XXXX from
core our XX% well excess by with dividend in reach this earnings consistent payout of XXXX ratio Clearly, shared annual rate of our a earnings. to intent growth also increases. per our We of share a implies
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assuming bills In flat to for similar combined and residential gas fact, usage, January XXXX remain compared electric January XXXX.
should now we Moving our year while our is X. of to customers for to predictable results Slide simple, XXXX This model. more delivering premium look to also fourth for affordable start consecutive through you. our delivering you, familiar investors, are our
beaten key coupled playbook, a is years our As actual our earnings each of with guidance our results. consistently planning. conservative we're year, to we've you've achieved or building the PG&E delivery future and seen, track The record off rebasing performance
storms, a year, regulatory course, downs be economic there and ups always within given Of outcomes, factors. will
weather capability in year is and ups delivering out. premium Our to consistent, and core downs, predictable these results year
will Carolyn investors. of growth able we discuss in $X.XX customers As earnings our a XXXX, and XX% for in the benefit to were our deliver for redeploy minute,
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want money and to a invested committing they, that shareholders safety, to you to know teachers, utility. in when addition police. them and California. is holders, clients' including pension feel are feel PG&E that that We to money physical their bondholders your need In California often we firefighters, understand We safe safe Californians,
reforms timely strides the current market's in significant clear clear under fund exposure utility We given that implications statute. extend the and for needed billion evolving loud are views as the the wildfire concern liability have the While risk cap fire. a XXXX made the hear of mitigation, well as seems worst-case to about utilities framework AB risk beyond it $XX
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acknowledge understanding our the the to play the building in by of Meanwhile, instrumental we legislature's role conditions. investor-owned in actions electrical are infrastructure state's necessary and trust changing utilities the system communities meet that our develop safely operate and California's prosperity. to growth enabling continuing climate These
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I used last to call of our public safety power shutoffs mitigation or PSPS, resort.
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We our This third XXX% of threat technology adjacent is districts also in our and just high-fire circuits completed in advanced deployment. year select EPSS in full now areas. place of distribution on
Ultimately, As Central reliable customers, I to serve and and move our and California, are big this of both forward. of that safe we said, safety residents we upon small. Northern here it's power the foundation providing to
Silicon service and new in data it's perhaps know, not others, demand in other warehouses, area, Valley. energization large seeing. depots loads and we're increasing just surprisingly request also fleet seeing like power bread and around the you and butter including we're growth As centers to Like our electric manufacturing
New This month Today, said on Last call. of June to beneficial and to Slide we the this York sharing City, provide our that we're leads X. me we in an load story my discussed on update here expected progress.
how is asked demand have much of this real. you of Many
applications This load. the data As new gigawatts moving center pipeline. is of formal through of now, center load data we just have X.X potential representing our
there's silver I've no one As before, shovel. said
not as story. approach, learn a deliberate that We, it are load shifts see every for And what doesn't growth path so load from this cost a a California the I and a clear to learning results bills thoughtful, beneficial not lowering we day residential calls of no-big-bets pursuing much growth, matter open call we customers PG&E result so Goldilocks a more is and in as getting customers. Ours little it a call We're It's lot process. process specifically customer of adding load. to what business. too, are that
cost these power estimates of preliminary has preliminary advance to gigawatts pipeline, through X.X the phase. to engineering customers the X.X of now agreed our week, time in As gigawatts next meaning and passed and last to study proposed have have phase, potential the
including proactively unique from over as sites. is This the load These XX hyperscalers X.X that and filed and of and and improve gigawatts customers' online electric service to Rule as responsiveness. by forecast before will these come power time address XX% beneficial approval XXXX, uniformly XX. requested application and be and online more we projected to meet the developers XXXX, driven an In end last we requests customer-requested in-service dates, represent efficiently electric ability PG&E's to of order come XX customers, with November, to for early CPUC our
this in accelerating large-load have upfront in funding something from customers, our them. we which filing, of they serve ability to name proposed also the Importantly, support
does more data the X% story the may if of initial every our asset. X,XXX is safer risk stranded of turns that make This creating and of headroom We customers the their large at estimate electricity protecting their period, of into save megawatts funded existing story having cost. takes a next resilient the forecast new growth. from premise of month our the customers The electric decade for a lower my over our XX-year centers, materialize customer bill, X% to between an grid to load from demand not that
This partnering We and way capital in that innovation simple, positively to excited doing so a people with affordable impacts are California. model, these is the a of the picking serving speed. up world customers, be the of
turn that, Carolyn. it let With me over to
