Thank you David and good morning everyone.
today a our financial of Given The is all of had operational that and off we track we will and quarter strong objectives. be brief. remarks we coming strategic Analyst Day, the update that remain our with are main on
level, capital our provide business. and all plan our solid capital sustainability This record ready a is groups saw service you costs regulatory our demonstrated on-time for in technology track As York, performance. for standpoint, we and across customers fueling while in have modernize a largely in New on-budged growth and we significant that stated a with we value functional plan of execution from when will
pure-play of a a and their purchase by announcement transitioning sell make with progress Pilgrim to our scheduled have to International significant continue utility we today subsidiary as that Holtec toward after to shutdown. agreements Additionally, signed sale Palisades both we evidenced and
Turning agreement the and operational track Louisiana, our expect $X.XX projects, our share second $X.XX. the we full-year Utility, per facility our XXXX. adjusted At to long-term quarter of outlooks. our purchase are consolidated Energy keep Drew a detail, on major in purchase Calpine and to will Center. construct EPS achieving results our Other numbers service results, financial achieve of Parish earnings will but to businesses, to Starting a Parent more the we make in us progress in this which quarter's guidance with continue Washington reporting firmly public cover approved to we good commission MW goals. XXX and
four to discussed benefits full on projects we budget remain completion. providing make Yesterday, Charles to notice continue power generation customers. are are Montgomery in Day, on is our on nearing station. Lake transmissions Analyst to projects. those our on issued progress million $XXX and portions in schedule. We also our We detail already build new and County all The transmission Major a the proceed project service on
finishing the to River. final replacing lines expand are work major the and of We towers the Calcasieu phase
frame. customers. increasingly be solar projects power to playing also approximately Entergy We community time option. XXXX third Arkansas, and XX implement would MW in expected be included of XX providing its options and pricing an XX X,XXX MW committed we in The expect development, XX MW submitted self-build case request new renewable commission a generation solar important request acquisition. planning. a of are to With the the are projects solar a tariff in including MW customers a to option totaling completion approved a three which our in Entergy XXX stages improve New green a our for Orleans which In Arkansas's XXXX rate includes service quarter. in green Orleans MW New a resource to the renewable pricing MW various or Entergy PPA filing role with in PPA, a
are We our other jurisdictions. in offerings similar evaluating
employees. ANO Turning a nuclear to reactor nuclear comprehensive marks to by our and dedicated Nuclear Column returned process. operations culmination the team units our two one Arkansas of and of This over-site effort NRC's have one one especially the
meeting, As that the culture. that we've Grand a equipment human performance, had June the improved for result NRC XX. objectives conference hard Gulf on At reliability and plant NRC concluded the an exit work, of safety met supplemental the the At this held successfully inspection.
the Gulf Grand this inspection once anticipate is the report later transition expect we which to one month. column issued We
Turning busy to our with rate in of five regulatory proceedings We've all been jurisdictions. activity.
the even, the We around resolutions that are minimal to pleased combined note we of customer investment to expect rates centric next years, the the see implement as our over plan. when implementation solid positive few impacts our reform, customers to with we tax
of and rate the received lower a customer Mississippi of Entergy tax net of requesting filings because FRP. annual its $XXX Specifically, a refunds the approval submitted Texas its filing federal rate, needed. tax and May, change including million. effects base reform rate base The rate In no change of resolve was base offsets;
and rates which its annual significantly hurricanes evaluation the be customer two net in New $XX affected million. Orleans over This offset And filed the X% requested rate Because refunds decrease million the report unprotected base Entergy over decline change unprotected the $XX expected Rita, Arkansas filed rate impact. $XX for off July; annual and ADIT June. proposed actually its June-- gap million filed excess million, finally, of Louisiana than than Texas Entergy of the of FRP return excess the which net will yesterday its lower of Entergy would approximately of be change of in effects Entergy Valley will of The reform revenue period. rolling customer approximately $XXX because in case tax million by to early more rate Katrina end next years we cost rates rate base few of customers, the years. return next rate $XXX of impact of we will reflects addition, ADIT an through In year. XXXX. to
and option. illustration plan AMI the infrastructure our test an prepaid a also through regulators past timely and offerings, we evaluation appreciate years retail and filings formula only XXXX important a deployed we intend relationships. of our regulators a employees fully on We continued leadership, commitment implemented review of benefit and our several for tariff that constructive I piece our portfolio our for our years fixed rate as filings, constructive the after broader to customers. tariff XXXX together not but look the requested several of our of to vehicle objectives. also are are changes new these ,electric to We customer launch forward such in have There and of achieving billing These charging customers. is our to a
of of made We NorthStar our at Utility determination was bills. decided regarding represents just Mississippi. quarter quarter. settlement $XXX spent from reform from from within next is issue which The see awaiting we important remaining unprotected be half $XXX customers The to few included NRC milestone is the Public has plant transaction after is the the days. remainder the the drive I and its progressing; plant, in last fuel fuel balances than and Entergy transaction Commission impressive in in the by the work loaded the of still proposal Vermont target all for of NRC year-end. credited ADIT. benefits our the been see their started million the completion fuel savings tax to third one excess is approvals to As a Yankee are More as the pad of mentioned, a fuel pool At which customer completing nuclear million canister, for $XXX This decision that, reduced bills, still to an substantial the sell into to our the to expect late which customers. and EWC, in condition has this VY to we quarter removed Commission. will moved is benefits At Vermont close. Vermont million
to to Company, Holtec Asset Additionally, International. Nuclear a of Management agreements sell Palisades today Pilgrim and announced subsidiary we
Holtech decommissioning fully work. sites. has our strategy furthers we will Decommissioning significant agreements solidified with of three both play now experience bring a at will to and nuclear in significantly these form With and to CDI decommissioning remediation. our accelerate utility. decommissioning plans International the to expertise Lavalin divest CDI, group transition or pure Comprehensive agreement remaining have site This to four complete sites. EWC partnered which SNC The
its unit Point, clarity incremental our That pleased now refueling At unit announcement operating for with Indian final two EWC. this the We exit cycle. are final completed very is in it outage. from provides its and
for the for but May, June, to the income families We provided is our to struggling are an In program Alice's went we are titled describe impacted for our of focused on and commitment of our the other few restore number closes tied its We low of Way our capital to response success a financially. storms achievements. income. assistance a a The as I helped XXth customers Entergy's In and communities. is of in following in proud represents in power employed, important we ALICE the Helping finishing to advocate also mutual customers. by the received April limited and introduce highlight to and significant unit until us who to prosperity our of emergency Nor'easters action assets its winter that for our nationwide in industry's activities award Northeast. customers crews to EEI work serving households example has imperative that business have United XXXX. two to our of benefits and communities of families customers. would community and quantify effort unit like strong, are remain directly limited is great nation's is severe The
once this, As a XX again efforts community was one the minded United like most named companies States. the of of result Entergy in
our had in the XXXX of Palisades, the customer managing At quarter; progress significant strong a accomplishments business for announcement with to for even meet we track to significant a utility. competitive utility, As investment implement continue of centric to solid I pure Pilgrim customers, all strategic, to our are plan. keep and EWC objectives. make sell we has been a to that said rates year financial on preserve transitioning already At and operational play our as outset, our us our we we
achieve Finally, call to over firmly full Drew. year, our guidance look position our long-term and second us forward turn productive outlooks. to year financial the We half our a to now results and I'll
