David, morning, good everyone. and Thanks,
third that to raise XXXX share line We the narrow but guidance that by bottom of strong over the quarter will to report adjusted details, the earnings are is are $X.XX and these $X.XX. allow pleased us Drew results per go midpoint our range.
the few quarters We utility, our also for premier remain keep track us, this to important we’ve behind longer-term three to many firmly milestones quarter. achieve completed our including goal With to the to on deliverables year track us outlooks. be of key a our achieve on
a Power capabilities And completed decommission the application the that NRC from August, shortly of and for after nuclear plant exit to late the Pilgrim of the NRC sale technical the orderly This in International. industry. time successfully the nuclear to second subsidiary sale the financial our determined Holtec is we we Holtec approved have has also This second our and third Furthering completed in the that non-operating license transfer that Station. has is Nuclear plants. EWC
agreements As we two last remaining to have a our reminder, to merchant Holtec. plants nuclear sell
accomplishments proposal Commission We’ve the to the purchase clarity also station. Choctaw plan, our Service approved Mississippi generation at Providing had added to Public our the utility. significant investment
We soon. expect to close timely commission’s the asset. supporting recovery also a full stipulation of The order cost transaction included and the
is included for Entergy Mississippi’s We Mississippi. in cycle in have modern combined to lag be our rates net outcome to minimal and turbine approximately megawatt clean expect Purchasing and similar plan million the good how costs in is stakeholders with benefits to XXX of a past this recovered in for expected we gas natural acquisitions $XXX customers. result
generation solid a management We also of on projects better, time supported and or capital completing projects budget solid on by track record a team. have major
We Charles Station online Power are and Station on year. Montgomery Orleans Power next Lake and in to mid-XXXX. which come Power schedule online is also Station, New Texas with in to come expected on track are expected County
Capital Region West year. of has the built nearly the one XX-megawatt Parish. is planned offset solar being Louisiana. Once facility Solar the largest currently begun On equivalent the on XX,XXX in facilities vehicles construction for a Rouge emissions renewables completed, project solar each passenger will of front, Baton
We will purchase a the output XX-year agreement. under
achieve to customize and meet to portfolio our our working goals. sustainability our customers’ We and expectations of energy are our renewable to expand regulators with solutions
costs, lines, Louisiana’s rates Entergy simpler effective and process, The new proceedings. better provides the with year. settlement regulatory rate the in our we decision We in by the Arkansas end filing line are company’s annual is to reached The Turning cases. an on the In from September. Commission traditional anticipated we than evaluation the FRP Arkansas, of unopposed became company’s have which a settlement expectations. annual initial rates FRP, today. final
Orleans, requirement New resolution a for what a is that New adopted, if customers. our we – below the would Orleans revenue the and set reasonable issued just In that Entergy in Committee Utility believe Council City to be
members matter We fair investments solidifies reach the proceedings council the work of is outcome commitments. council improves November. financial on continue a our component regulatory takes continued and early of up in to an as our on important when success with clarity to recoverability progress This it our the
group we process company and evolving expectations and part serve. concepts product that to exploring about service design, of product market work meet our innovation are our we employees team This our and of on The utility and are more. focused rigorous the growing Another excited frictions communities feedback, is is center. the developing opportunities customers customer
That highlighted New quarter, innovation panels team. Under of idea to Entergy the puts and monthly the new homes. income low Entergy example, last their bills. will system on program, our Orleans solar out a credit install solar this that program on them I came customers For at cost rooftop no give customers’
developed being owned to will concept The outages. widespread during a sited now Another and is allow be would industrial that commercial backup for usual implemented Entergy operate solution customers. small generation is customer by generators as and businesses those
times, retail example, businesses can be customers. all the significant when by utility, needed, events. during services For to benefits weather be general In would the provide deployed the to able public which other resource
service before a the it. its system needs the has solution. need resource an pilot Entergy Mississippi remain owned area a and to service alternative this It generation and had innovative the announced utility Entergy win-win of most businesses us customers public them provides economic filing and an it Entergy to in concept our recently commission. Texas provides when a is when open cited communities pending
important solutions idea and Innovation everyday eventually of new continue to will implement an all to this is be part technologies business lives. operating we plan to companies. customers’ as our our that improve Our explore
XXXX XXX made and to few the Entergy inches been to you a in XX have from Dorian with Imelda early more We workers, many workers both nearly the weeks storms other over last Carolina in Storm three months. the sent landfall utilities. Hurricane coast restoration from the on Tropical As area. bringing made Texas, service of Coast XX in significant Entergy few know, efforts. than there impacted the to landfall East September. of rain inches deployed later, Then help
the Service XX% without was XX,XXX restored peak, customers within At had our power. days. to we customers of approximately four
more vast of Just have than Louisiana. The of Olga heavy two outages this hour. past XX,XXX weekend, Tropical storm electric At in Storm miles winds days. its team service within moved The brought of excess storm per majority X,XXX restored the customers. Olga through and peak, rain workers to more than disrupted XX
of disasters. restore power history communities are also customers for natural event. work assist They Entergy They employees help and have after together a to impacted. our long to our who an working co-workers, after
company the assistance assistance affected employee provide In employees. has addition established for funds to financial volunteer to support,
nation’s Entergy support in our one the Entergy across that development. role Providing of Ongoing are to support of whether named or community as for economic our consecutive brings also vital In area, jobs our in in times plays magazine utilities the the need, vital and efforts support is selection year, economic twelfth the business, contributions, which to communities a September top States. efforts manpower our important. success. financial site service development
to Dow we Entergy. were Sustainability Sustainability again, is named North a Jones focus key Once the here Index. America at
very most the in measures is respected the independent are world. sustainability We of proud of this achievement. one DJSI
clear customers, years a years, respected of electric perfect and in past Entergy’s the acknowledgement only honor we the are utility climate to a receive have owners. our this in row score employees, for year-after-year named XX is our the sustainability category. To practices list this serve made and to We implementing be five a that commitment communities, strategy to
year, Board in straight of declaration; our Last Friday, This we dividend at of our guidance predictable growth pay total under just payout in XX% dividends a common $X.XX Directors $X.XX quarterly share. dividend per and our with per the is will steady, a declared share midpoint. fifth of year of this this
As last our more plan in growth with we mentioned to dividend increase the in XXXX. to to year line starting we expect earnings be each and grow our quarter,
to company to This has quarter every of execute our be been as business. in our premier path another our the on aspect we for and utility stakeholders continue our successful
serve retail the growth. States have rates among industrial we strong from the lowest We in benefit the country,
industry our communities and invest and our an in in we our in employees culture. We are invest We sustainability. leader
The predictable fundamentals strong. underlie growth steady, are our that
of we growth and have communities. supports First, robust development a our in and the capital plan, the business benefits our which customers economic
period. no have forecast We shortage of opportunities our beyond current investment
impact As the some managing we utility and with we’ll customers the so. lowest our always in to diligent rates country, continue do remain cost to the of in the
give fair opportunity Second, the capital recovery have timely us regulatory constructive of mechanisms, and we our which plan. for
perspective regulatory ability of recovered FRPs on and in noted to we projects and cost with plan to past, certainty. And and a expected have for ready sight XX% As proven riders. XX% a from of the capital through unique third, execution record a with major track we’ve line schedule our capital we approximately, annual and execute be approximately have
of This better. today. progressive continue the do that to we and customers’ to on regulatory ability timely efficiency, mechanisms on on cost clear identify with supports to our and production aspire of line and investments, including savings execute outlooks sources industrial capital combined we our sight O&M our our budget, of even plan energy ensured And time efficiencies, recovery growth, as
to And call now the turn over we’ll Drew.
