per Today, Abby, of thank morning, good the you, for and we everyone. announced adjusted earnings $X.XX quarter. share
second the quarter results. row, For mild weather impacted in a
in a been put the $XXX that top nearly in the perspective, the million have For years, weather and $X.XX.
Agility Through reduction and measures June Carolinas, mildest into last in we're June, to headwind were February X. in add the XXXX. O&M of place targeted coming facing were and the in January XX May which place, was and
cost our customers grounded a future. cost safety in will our maintaining provide of in for Brian assets management culture are excellence, while our more with moment. serving on and Our initiatives the
XXXX, look ahead, weather we an August are quarter reaffirming call. the quarter at we'll as had results guidance expect, are the more and and in for for July have on third September year and projected early on We've across the would With the us. is largest our you with consistent to and positive July, trend U.S., front say range of our
reaffirming our are business of rate. are look X% we As growth fundamentals we ahead, and our the to X% strong,
the highlights see repositioning strategic portfolio to we've executed X, last over Turning the Slide of decade. you'll
fully close to of growth sale, with company the which wealth regulated the jurisdictions year, of by operating clean a we're Commercial come. to driving for energy announcement the end years constructive in growing of With and the the expect we Renewables investments
improved in like meaningfully our the landmark our have passed in to Carolina constructs, for us regulatory customers energy legislation allow constructs North states over in preserving those bipartisan including HBXXX, this of while investors. Modern The for returns also our benefit invest time, XXXX. in
We today, our for electric mechanisms that eligible lag. recovery modern investments that regulatory utility are are mitigate XX% of pleased
Our organic with clean energy and $XXX growth billion the over story investments is next an one over of grid LDC decade.
transition the portfolio and regulated on the is to our we industry. underway complete, focus have energy sole businesses With in repositioning work pursue the our our largest
turn to increasing In Duke implemented on rate an work to me each towards to Let subject to typical for X jurisdiction. resolution continue residential North customers Carolina, provide rates of we refund, X, rates Slide about June case. update now progress the interim with We in X%. our Progress Energy
rates the DEP We is going to commission month order effect an also to X. Energy expect begin the for with preparing later XX. final We're this hearing, the scheduled which August Duke into October issue Carolinas
North to based Carolina Public the transition stakeholder transitioning while respectively, and to cleaner Our we're the of Carolinas and Utilities diligently the priority, strategic filed on top energy the with Carolina South Commission updated plans resource Service remains in be Similar working each we'll significant plans resources. engagement, to Commission, the in energy mid-August. affordability reliability, which of are filings, previous preserve and multiple portfolios, outline on and
population Carolinas. economic as continued the as strong well migration IRA time, the into development benefits for first and into load will be announcements incorporated the numerous increasing analysis from
CPCN will reflect begin evaluation of this the also as higher will process year, we resource Carolina continuous a of modeling for replacement Our North generation. in adequacy. margins gas Later result reserve our
procurement an At continue the same time, on solar basis. will annual
received the placed in XXXX. solar was X,XXX year. X,XXX to NCUC, to recently RFP be finalized, was approved And our be nearly megawatts by recently targeting procurement solar XXXX this our fact, by later megawatts with XXXX service bids In with
the resource transparent proposals. hear filings, as process consider each our parties a Following will from interested regulatory plan they through commission
Commission an from and South end We order the an the Carolina 'XX. order in Carolina from expect of mid-'XX Commission the by North
continues on We've solar this about We're investment the added plan year executing to timely protection Turning reliability. strong operate improved growth of to continue the already recovery grid returns. Florida next with over megawatts store customer of the to new megawatts benefits customers. and benefit to decade. XXX now investments, our X,XXX per state, We're plans and robust from through our hardening With year plan Florida. megawatts our XXX seeing in utility adding and deliver
solar solar on site their Amazon to our how center the Amazon, energy a goals the state. of the just Energy and in reduction we're carbon fulfillment their is of in with meet of install Northern and needs. supports plant Kentucky, both one This with the partnered example we've customers top Kentucky, to rooftop Duke X-megawatt In largest working partnership
timely outages. with customers fact, and are in stakeholders. Seaboard that worked Turning restore are effort to multiple service holiday close following X,XXX to the widespread storm the to storms. from to over in extended outages our Indiana. and our in July in I'd across to the members a crew working that tirelessly And nearly entire over resulted and and today, led multi-day XXX,XXX strong Eastern the to also a systems restore like crews take thank moment X territory The the communication doing so Carolinas, storms our safely,
As I'm environment industry led in eighth we've with incident the that all safety the year, as front say and of safety for communities rate. proud and total measured to the consecutive and operations, center, employees, by remain case our
and opportunities investment incorporating multiple tax and rate resource incentives to spur into advance economic resources plans we're side, customers, taking and benefits IRA infrastructure adjustments jurisdictions our to [ creates our lower development. federal opportunity new costs across benefit for ] On We're customers. the Jobs of from the other to Act and federal funding advantage in
opportunities grid put modernization, and have long-duration and including we'll for hydrogen through capture, announced. methane carbon storage, multiple evaluate forward We continue proposals IIJA, is funding to the reduction, of as
the and responsible federal transition. recognizes for EPA's we in a energy rule. that XXX will on advocate importance later comments to support fact, file proposed And of today, state continue We
a an to diverse cleaner development. future, and energy mix requires orderly commitment EPA's support we energy align of technology resources of believe we pace must transition a the with While
We others partners a to in support with actively continue transition. state will peers, affordable and of industry work energy reliable, policymakers,
complete, In priorities. proposition. agility, attractive, closing, strategic we've navigated in the half offer first fully our the taking mild face action record on regulated portfolio our year swift organic focus while of an of maintaining with our the repositioning growth we With weather
We to growing reliable demand affordable and for have ahead increasing clean, invest us we as a across satisfy our clear strategy regions. of energy
remain ever, and positioned the to next years. X% well strong earnings as we're value sustainable to X X% deliver fundamentals Our as long-term and over growth
And with over that, to Brian. call let me turn the
