Gale E. Klappa
year. we third everyone, Sarah, thank you this as Good quarter us the for afternoon, and review you. performance thank joining our of for
Now, But our his great moment Allen Interim as like bring but thank progress ultimate to all his goal the from outpouring before recovery. is as into a Leverett to to stroke thanks. this family take and is concern Allen great Chief of and you and incredible deal to following hospital I'd Executive we this back. afternoon, Allen earlier your continue I to support necessary, month. dive update the wishes in well. as been and long have just to of making that I has My meant released as the again, for his and you good serve can obviously a prayers us a deal for kindness and will for Allen tell
me like I'd today. with team to here Now, introduce are the senior members our who of
Counsel; Bill Corporate Controller; Relations. Lauber, Financial of Treasurer; our begin Investor third our Chief Officer; Martin, Scott Guc, our We'll quarter General have Beth Schubilske, Vice and We Straka, Jim and Communications President Senior results. with Susan
We a driven we reported from our $X.XX solid saw third cost release third a by sure controls. effective morning, of largely am this I you As quarter, quarter earnings delivered share. new
particularly gains the months focus compared were summer Our the Midwest. Those cost during of normally one two last impact management in warmest August, in mild the offsetting of cool is to year's weather temperatures efficiency noticeable quarter. which was a third factor and major on
Next, for regulatory In XX, similar for on price our be several developments rates Service. our utilities will received rate customers essentially at in unanimously I'd years and Wisconsin the certainty our base On the you earnings August Wisconsin will now be this We place like XXXX X. for through all XXXX. the Service Wisconsin XXXX proposed on written September and through sharing will on The mechanism XXXX. total, Commission have and will and of keep for settlement. settlement, investments. at rates Wisconsin approved that flat final base our our front Wisconsin Public gives mechanisms to in order remain Electric on flat a for and brief Under four capital XXXX place extended Gas Public been and approved XXXX
equally points stockholders above completely XX the customers flow reminder, a first earnings customers. of our allowed rate XX of share first to and basis will basis just Now, above the in return. Anything points
customers for grow customers. their also as costs. of will continue large create our many reduce help These and we've Now the to options expanded their energy our permanent agreement, made certain options pricing electric of and businesses, jobs part
Turning for the construction the to report that Michigan. I'm we new natural regulatory gas-fired Peninsula. obtained generation pleased approval just of Upper final to yesterday in
approvals with local We also to project. received all that needed move forward the are
by that internal in The engines. includes provide Michigan at Upper the up in $XXX utility And subsidiary update for and owned be long-term our Isle. Peninsula will now, customers Presque Cleveland in into reciprocating power Michigan, plant to electricity. the XXX we Energy Resources, those million facilities to plan of megawatts mine coal-fired is commercial of solution project time calls owned expect on in thereafter, for or will to bring retire be Cliffs. These capable a combustion that soon our They Upper which investment service generation for generating Our iron XXXX approved and units, Illinois. a an at ore by
We working have achieved of program. We've we customer the a pleased we've contractor improvements We've complaints. Gas, Construction in number Peoples progress say XX%. decline modernization XX% Gas a important lowered of Since to than that City reduced I'm improved. to greatly the cost is significant made system Peoples acquired XX% Chicago make timelines by more been continue and metrics. with our in on by construction relationship
expensive Our distribution you've program, the in is heard, maintain. more to as modernization gas to less designed make system safer, reliable, network Chicago
an have we preferred long-term As the approach on still to you this may open docket (X:XX) recall, project.
by We And invest plan, Commerce Chicago by the to year. on we're expect approximately million $XXX on with Illinois the XXXX track in Commission consistent year-end. decision effort a our this
that requested now October to an Commission. Public also We've refund available the System of Minnesota expected February Utilities self-implement our A case first or quarter the $XX.X Presque of rates in Turning X%. new in XXXX. XXXX of Michigan. payments a Support million approximately of to Minnesota. to Minnesota, period power $XX.X Resource increase Minnesota until X in the we decision, XXXX. on you a $X.X for effective of XX, not I'd Resources FERC related recent decision FERC to natural million on decision update its increase filed the operations January is a base Isle permanent gas ordered January On X.X%, the of payments associated procedures to received through the or with by Energy In rate seeking also XXXX. under rates final like the We're with plant for million
is amount recommended judge year. close that recall, last to As you law the administrative very the may this
a the the of for result reduction will we amount the refund not year-end have with previous dollar-for-dollar consistent net our So and in FERC in account income into our statements, decision guidance. taken
November. to our at new in be the out capital Conference like that five-year I'd we Next, everyone Finance will remind rolling forecast EEI early
direction In weeks, I've shared plan about the reviewed the as of of course detail share developing the Allen plan capital with I and the me the few the few role my past plan. Over months, in great Allen's past in of the board. optimism Chairman
of been put piece plan Now, place. in that one new has five-year just
Green Our Service Energy Electric Utility Madison Center Wisconsin in purchase Invenergy. with Forward Light Bay, The $XXX and and along purchased from have total Wind and price Gas Wisconsin Public million. Power approximately the is
will with of $XX investment an We XX.X% the own million. facility of approximately
of XK at customers see to production XX farm real the just could Lac Racine to GE you the Pending the tech and consists place wind employ take world. closing announcement many revenue, that we with state. about of eastern about five-year to du more has savings, massive miles existing of south of Service XX,XXX Center that Wisconsin on to in part the because we of decided company has Fond largest as XXX And spring. could as a that to If of opportunities development speaking the we invest The bring of billion able Forward Foxconn EEI fourth the heard lie And plans Foxconn will for ahead. in largest County United brand-new wind located this history. a sharing capacity turbines agreement. about chosen is south Public the Forward The XX be to may look the Wind called forward megawatts. plant Milwaukee. regulatory economic to approvals, capital eliminate purchase approved, technology next Again, really a one people will new summer, the is opportunity, States. have Wisconsin projects company the forward power Based on build our Foxconn plan the $XX American blockbuster in announcement in look
will We And include expect demand from that this size does not largest is will also the the the the XXX that to more develop Foxconn chosen times southeastern approximately from perfectly situated customer. Foxconn transmission facility. campus Wisconsin our than that's network. site to that demand three has on locate current the Wisconsin megawatts, need that near our a in of Foxconn electric be suppliers
new need will generation. We build not any to
is reliable, Our provide today to low-cost to state-of-the-art Foxconn. energy well-equipped network
have facility and The news who of if selected North like German Wisconsin more top on manufacturing in for also Haribo, you. bears, for candymaker, folks, first-ever Now, gummy know doesn't, has that, you America. its I you
economy see, and of details XXXX, our Scott on manufacturing Lauber. here's results third as remainder the Financial in esteemed our Scott. And for you quarter and outlook now, alive our is with can well. Officer, Wisconsin So, the Chief
