Robert C. Frenzel
higher reform, netting We earnings ahead our sales include impact everyone. due positive drivers which investment. $X.XX share a quarter Offsetting and quarter, most which year. to morning the depreciation $X.XX decreased were electric good as significant $X.XX our and with well as reduced margin, share $X.XX $X.XX per earnings had per by increased earnings capital increases interest favorable largely to reflecting we're reduced our weather of And which in higher fund share; year-to-date by to program, O&M investment year. capital a and after last program, these of riders $X.XX compared Ben solid last by earnings of higher on the expense basis, per expense with per third growth, per $X.XX Thanks, share. earnings The earnings tax by increased for which rate driver share, investment share; per capital recover expenses, now
basis, manufactured commercial to our natural former electric and the improve use call, on reflects Year-to-date, plant systems sales on sales we been enhance customer second per and as per growth O&M as weather-adjusted and indicated by business management site. $X.XX expenses increasing quarter contributed our basis, for residential customer. and to modest costs million, X.X% initiatives year this to costs which the sales business Weather's growth sales, growth. X.X%, improve strong gas weather-adjusted reflecting increased increased classes hot to Accordingly, O&M due our a remediation service. maintenance summer, compared and increased third industrial in a to year-to-date and investing reflecting vegetation a $XX approximately normal, customer in increased and Turning sales to processes, continued we've quarter gas share
Next, We've reform we me the of finalized regulatory between proceedings provide pleased either and busy will year. let rates regulatory enter XXXX pending second been forward, settled effect year case in quarter. as half a fourth tax schedule the that we business. we of natural XXXX this our filing settlement is provide The pending the reform with about which our Texas, In integrity most the revenue during with in a cases we point is in offset expect various capital and agreement Minnesota quarter new had around through and have or to investment regulatory no quarter, rate out tax update. timely I'm rate with rider we have anticipate Colorado to rates, commission a in in benefits deficiency. Colorado. rate interveners, which fourth will our into in reached pipeline October, the certainty there'll looking we settlement OCC rate XXXX. with Staff revenue. gas projected be decision, relative In commission settlement the change the of use The the This approval. settlement to primarily will extend cases our And a next going recovery of in a in and
plan for Hale incorporate Wind to we real-time which and in file infrastructure year cases rate Farm we next discussed, we've Mexico recovery. Texas expect investment As other to and New the
I regulatory you We've of tax on our on significant proceedings reform to want treatment. all in tax the to update progress made Next, related states. reform
for few will be case. XXXX. settlement addressed of beyond recent customer assets of asset in find our in reform for amortization million, and can In so You earnings of additional a pension prepaid electric $XX $XX developments. and and result will XXXX Tax Colorado, will amortization on release, and refund the approved the tax million pension will focus a million. customer jurisdiction operations $XX for I'll electric refund each be next accelerated $XX In prepaid XXXX, to our the increase a was in just discussion million the
natural to in agreed our of our customers. reform tax operations gas Colorado, the For to we've benefits refund
And Settlement Staff, finally, have we As equity a cases. reform which expected that million. approximately $XXX funding NSP-Minnesota to electric one-time we includes of rate Commission a would the reform of tax a to our reached decision filing, $XX retain offset the Dakota, North customer deficiencies with metrics. XXXX authorized tax commission of Minnesota, anticipate and approved in approximately In XX% of credit in revenue pending $X year. ratio approval. in XXXX to will of resulted true-up impact settlement tax later on our We an reform least commission low the and to increase refund million, million this refund requested the the benefits is while income offset customer at
$X.XX expectations, annually. share. consistent our them regulatory is share, original in $X.XX proceedings. Turning earnings high-end range to are constructive XXXX our in guidance a I EPS here. several growth that of based is per the our X% $X.XX all our on XXXX of assume couple on which guidance objective our earnings of X% $X.XX to to to assumptions with earnings $X.XX earnings which XXXX full-year represents wanted share, We're We per of EPS release. long-term results note we to listed revised to outcomes are highlight year-to-date Please per guidance and which also our of initiating the guidance, $X.XX range based narrowing guidance to
approximately with flat X% base modest capital capital X%, to drives the which compound find period. rate and base flat and our and expect of our five-year levels. in We be investment $XX.X our growth reflects electric of natural gas In we forecast, annual earnings over plan sales billion expect release, sales updated O&M of to XXXX expenses growth you'll X.X%
updated confident we plan, that As our Ben customer investment continue mentioned, there steel plan. financing opportunities base strategies. for are We've beyond as incremental are focus capital fuel we and our our
into capital back approximately operating to debt This flow metrics DRIP credit reinvesting program. in holding $XXX and fund our expect our to and of equity million addition with In issue to we solid infrastructure maintain allow investment will to capital our expanded cash us and common operating company companies, our plan. company an
progress few up we contract. approval me We rate highlighting wrap on track received of to made X%. jurisdictions. a our We're We PSIA We our to per guidance and extend Plan. settlement received of to of $X.XX on by Let XXXX our accomplishments. significant Energy tax approval a reform long-term of the and range a Colorado all of within in we've earnings reached $X.XX EPS key rider to to EVRAZ X% our growth deliver narrowed share, our increased
we concludes objective. EPS prepared $X.XX operator, prepared $X.XX XXXX to which of take questions. And to guidance few a This Finally, long-term consistent share, per are remarks. we've is our with our initiated
