to Thank great you. with be morning, on Thank everyone. and today's you, good Jason, call. you for It's us joining
restoration very As we in you a finishing large service effort of territory. some may aware, be our up are
facing X next an on high X an of and, I early And even the service This storm about storm we our and said infrastructure, number think today. most found contractors our down experienced and efforts. over more and required moved of field. sleet, area. states. about the assistance weather weighed outages of situation personnel ice trees peak. On Monday, a we're mobilized causing season in We and restoration winds. extensive personnel the lines company's to best all history, We've ice restoration significant was causing extraordinary X,XXX rain us, brought When mutual this for separate This system. in ourselves done, the uncharacteristically than October and to from XX, lot XX accumulation extraordinary put going leaves worst different damage we XXX,XXX talk a it over its and waves days, outages into storm at and freezing
offer to power operational Tuesday. and territory while assistance our restore XXX,XXX conditions our supportive our ensure his were this Before a I extraordinary any in who power locations XXX them. restored to service our I nights, this restore effort service prayers I to point, to go who the Included customers. pulling workers and would to within to the remain time, our hours has difficult all spent helping been system. this on and thank customers. I and lineman men thank long want us women want our effort been Or our of further, At injured was to and during an to to with so customers was who their working election mutual though, prayers and days for certainly, like thoughts in family, thoughts have
appreciated. truly is support Your
and Way by support for need in other shelter, We donated The thing to to food in our $XXX,XXX I with to storm. water need. to wanted assist other customers and out United was point help this the those
$X.XX reported of consolidated Turning of compared as of debt by at made earnings $X.XX But quarter. the against in impacted issuance conservative from COVID, $X.XX the the about we this measure our this from a original We've weather, compared as continued to the year-to-date [indiscernible] third third additional share to per XXXX. just reported from in you'd quarter quarter, set XXXX. us per guidance. state of X ad per of quarter adapted results pandemic $X.XX. we business, a and At the summarize valorem ongoing Earlier been and we've of But we share this to year. $X.XX which $X.XX onset this expect, quarter up, $X.XX to the out the about an Oklahoma $X share to drive of $X.XX occurred morning, to tax, third of equal the to utility, savings
weather say all the other and So and that continue and interest impacts, continually third the unemployment this the of remarks. was as and customers turn reported the Statistics a annualized ours metropolitan the the all and but savings. that at state April U.S. COVID rate handling we been we path recoveries of tied to core economies we economic balance X/X our adjustments few in I'd strong and of first to in the a sheet would at items arise. while he To down Labor a lowest COVID key dealing we we've that Arkansas the economic these the service forward. covered as our as balance service minutes Steve at lowest the our into in situations next In business and detailed across for in Interestingly will for The carry financial performance view with impacts like had guidance. spend the XX.X%. But A in load enough, year does, for was and the sheet discuss is Oklahoma territory that times, large update maintaining rate as nation moving results to original will of big quarter incremental The our guidance before the with have In focus these offset a recovery Fort through of continues excelling strength to moment. and level basically, our economic before Smith, areas the these unemployment of on like with Oklahoma high to recovery. of a September, of you end year the Oklahoma impact, at X.X%. differently, ninth September, related around we've upper of Last expect high X% are weather offering rate over unemployment the to our down this from accomplishments Bureau territories. I COVID. X.X%, quarter, operate of that which impacts challenging our operational rate, closing described the is some showing continued X.X City we've a add made
in building customer While COVID has impacted Improvement momentum. weather-normalized continues month-over-month across our service territory of is our load our classes. business, all
the quarter Year-to-date, that our weather-normalized continued to customers, compared was in forecast improvement various a compared XXXX. and the half be with load X.X% are we we down based load X.X% on basis. the down we've And reported weather-normalized on the 'XX. through our down In to X.X% basis discussions second weather-normalized about seen quarter, on During expect our to now improvement. we and analysis call, on year-end the continued based first period same third a
their classes load margin. So let the customer me of to in contribution the order describe impact our
'XX. load residential compared On above the XXXX. each remains residential. being since load Looking periods Year-to-date, weather-normalized with to at same in above April XXXX, up a basis, is month X.X%
industrial load pandemic, its normal. finally, Year-to-date, down weather-normalized oilfield X.X% down X.X% improvements. continues And with above commercial To is improvement X.X% improvement load start, to Year-to-date, same but our show our weather which had to We month-over-month And the classes weather-normalized September, below X.X%, down back in rough each is are load way XXXX was June. a to in will steady month-over-month is was from customers improvements. remains We in down, the compared compared believe month June. XXXX. commercial early the where quarter levels. of an down back is with improvement. load to year-to-date, and back load seeing returning, economy load being XXXX, X.X% coming trend the an in commercial is third back, After X.X% is on second quarter. it it the XXXX find Industrial
are poised the Operationally, difficult safety health and strong all proud the delivering are board. come even stronger. work be protocols. I under across observing results enhanced And pandemic exceptional of doing, and the very We of they're couldn't our out teams circumstances, to
year. during of Louisiana one Our we we industry Northeast, reside all the together come aspects quarter mutual the received about of throughout we crews Arkansas, in weather is a in share and the our and severe spent with in our Since more fair the great weeks of assistance. is needed, number when than and Oklahoma help
because is Our the us Hence, we support have with whenever will we the support for gratitude need to we can today. we know have the in philosophy future. the help we
impress. to with Our grid our enhancement continuing continue upgraded projects Arkansas in circuits
to expecting the We grid are Arkansas. in same seen we've projects provide results the Oklahoma, we're on that positive way in enhancement customers with and our
to plan. pleased On to the we're agreement enhancement on reach settlement a our regulatory unanimous Oklahoma front, grid
fact, the matter on of As final on is in that the today the at a commission. agenda case proposed vote order
was from is beginning our in in derisking This great recovery to regulation. Our in will enhancement our may realize that of faster will cautious Oklahoma you an outages, environment our the the plan and fewer among goal I to about to in Oklahoma our value order in the step today secure bring and benefit better country. to The future restoration provide for lowest investments of customers a very grid the customers. with mechanism value enhancement important remain and rates customers. some the regulatory be
smaller, more a be working. and practice is regulatory of cadence, a a constructive viewed Through the frequent more Oklahoma relationship we positive goal Our jurisdiction. for filings believe, straightforward on staff, is as commissioners our with to working
Moving reached to one. our an on farm a customers, we This the from Arkansas first in solar offered to will voluntary in build tariff Arkansas. solar Arkansas a soon and Commission farm our that very our and expect agreement be to unanimous effort order Arkansas, first X-megawatt in we settlement
that's X. We have short projects plan significant a third notably of in grid reliability Arkansas been facilitate And modernization highly on very FRP October successful update also mechanism improvements has in filed the effective Formula time. most regulatory that Arkansas, in delivered period our investment Rate a
fleet recently front, the the vehicles our On fleet, vehicles modifications XX% XXX% some our environmental company's and by We'll plans also make from XX% our light-duty additional and XXXX. decrease all by heavy-duty of which XXXX to we electric by to medium conversion by supports for of of goal our to the emissions announced XXXX.
We are ESG around of the proud efforts, our environment. especially
those waiting industry-leading for We've our XXXX levels. continue and curve. now have goal XX% emissions to not reductions, emission met of the ahead already reduced We're having acting and are but COX improve we'll We of on XXXX, reductions. below XXXX our
XX% Agreement. We is are with consistent our way meeting Paris XXXX, by which being on of our goal well the
with another in we've energy those COX avoided domain programs. successful of addition X% response reductions, to In emissions efficiency our very
offset all or next renewables, in technology. COX reduce And We to We're adding the both first and farms footprint wind and was our rates four to advance solar in of year. continue built we've fifth for done We've our bring and to look have this still lowest nation. more opportunities OG&E already. solar, the Oklahoma.
business to sustainable As our company out how recovery, we to model point let territories our has I poised grow. the continue believe me service and
X,XXX and XX looking $X.X OG&E economic just at reported XXXX, megawatts quarter. bring had jobs the That In when business, territory XXXX just Oklahoma, in and billion key X of and invested development And Between economic to our quarter, rates economic the more we've than S&P into X will one in new load Smith. our lowest those new in Arkansas. announcements, across new believe service XXXX customer now will be once our Oklahoma that has rates in we've lower in rates So X% we in they expense all By rates finish nation XXXX. X time we development the are development than the our classes, were and XXXX, both than again to was seen third Fort it per are Global and O&M the XXXX. lower low 'XX. in
investments, managing about country. lowest So in X when customers continues. talk customers we the by This, more and how business the our expenses more the rates operate. revenues comes for more efficient, the utilizing new produced like to sustainable attracts allows turn, of I'd by becoming and tracking model growing it cycle in has and to technology, Rs
being invest but our system The will first in and We'll X are they're of customers, resilient can and grid manage us deliver we resiliency we projects the come the shareholders to times. enhancement through the to our reliability improve our reliably that business resiliency, like say count a and also we to in difficult for in results on understood. reliability will and way enough even
our to benefit respond homes efforts is needs of businesses. The is third customers for wants R really the of and and to and providing responsiveness, the just solutions and their that ever-increasing our innovative
Steve and us. do remind any want last everybody to Before would I company. my the Todd with both to be sincere Steve for to like call Todd's extend this contributions will many many, gratitude and I further, go I to their
replacement, As utilities. sentiment will participate on around for pure-play We're the that a to to I market before comment announcement aware replacement bias I'm there. very make speculation year-end. Enable. or turning the going Steve's out sentiment sector, is Steve's market in with the not an towards midstream the Quickly of
the I've continually maximizing and the we'll been not of said, way. await the that speculation results on for OGE election continue help the As to are Enable shareholder, think we that Tuesday. on value and We does of consistent, Enable, anxiously has focused all and
whomever since were winner XXth with our business one. administration the presidential OGE's this company, confident Let incorporated and we effectively is, me done our work in we've our the will just industry and I'm is say to XX the just like before this. election elections XXXX. This we advance
So to have look as items execute to next we on. year, several key we
enhancement, for opportunities. additional In the addition we'll solar new farm to and to Arkansas continue grid look complete
go Rate will April rates into Arkansas. plan for in the New effect Formula in
from integrated fourth clear extension plans mechanism continue COVID The in on CapEx the as file in earlier FRP strikes we of wave we improving update our years our energizing program. our been what has by level, this And productive where that OG&E October, a an X perform safely I'd new like update develops, We're year at and to very outlook right be a the customer ongoing this pandemic investment, essentially customers a economy. this become have just employees will at plan to an request our communities. shock to additional February and normal, resource for high closely. closing, We initial in In FRP am our balance now watching will will has the life enabling experiences. our between that likely recovery the that for encouraged to I call.
Our customers development these nation, from rates Arkansas Oklahoma will is lowest benefit by and benefit rates. from facilitated that the the both us the in having economic and
executing you. over call to to turn gain on strategy continue business we we for value now economies local and our I'll our communities As do shareholders on our this. with our and strength, as will focus Thank And excel Steve. building the grow to
