Gale E. Klappa
of speech today for afternoon, an Thank and can good center. recovery rehabilitation at thank are quarter us center stroke much. the he he joining results our Good you fluently. a specializes everyone, be and The I who patients the But from in know as speaking Allen very intensive is to update difficulty I review you for report we physical October. of Leverett's first, that are therapy XXXX. condition, opening you in on all having very Allen suffered in interested leading continues last helping in that engaged
few working hard Over the remains is progress. he determined. months, make to past and upbeat and He continued has Allen
also you planning as many not return in can't or asked that have about chooses to our of CEO. the Now, event succession Allen
with would many, we've conduct succession you our basis. years. rigorous As regular board done planning we a many discussions on for expect, Guys, so
year developments. the with a any does can third second going internal So, situation of continuity to keep Allen previous the that assume not plan We'll have would I number plan if to we very quarters would assure and monitor place B. his new involve you you certainly The and comfortable on B and up and call I have a promotions. in the I solid we'll forward date great are board of role. We plan this what during continue
me here Now, I'd who management the with to members introduce our today. are of team like
General President Kelsey, Controller; Lauber, Schubilske, We Counsel; Communications Senior Vice Treasurer; Jim Guc, Relations. Vice have our Scott Straka, Executive Bill and President Corporate and Chief Peggy Beth Investor of Officer; Financial and
this the reported gains share, well you major and Scott ahead efficiency release on $X.XX recent gas news for strengthening a our across from more economy morning, saw the natural just first quarter a details our solid you earnings minutes of electricity, expected and first of you quarter we Stronger I'd update system demand of performance. in will factors than guidance. like As our developments. with were few but, first, provide to number in a
project approval Forward of X, Energy obtained will million we has to approvals We utilities. and approved been Upstream strong I'm grade close investment in long-term March Upstream credits. on wind We depreciation we a a company Upstream XXXX with qualify by in regulated investment signed the turbines inform and you invest February the also for Antelope rating. similar Just the likely wind approximately agreement the as farm for to our an Center. capacity for of bonus this Key Energy tax permits that production have will has a by the course, Commission. Regulatory to rules, tax The Federal XXX% transaction, project acquire GE plan construction XX% in XXX currently an Wisconsin operation, megawatts. credit our transaction Public offtake yesterday, being $XXX is This return wind XX pleased local the commercial The expect earn to consist ownership of service. and new that of County, to Wind to a Wind farm stake. built of begins will agreement interest $XXX Center. purchase Energy and Service Under Nebraska. the XX-year XX% is ownership million for with in the a subject early Commission investment that the Invenergy in
Service along transaction XX.X% of X. now several April investment on this own Public facility $XX We utility closed Wisconsin of the partners approximately with million. Our with an
real farm purchase because agreement. will eliminates proceedings the of savings cost soon an tax the power that took higher wind place purchase a Our And on update see in recently Wisconsin. customers reform now,
asset may those Commission rate filings tax over that the uncollected you As Wisconsin recall, the Commission and rate transmission lower to for tax from for our order XX% options we Wisconsin benefit costs. order few tax impact a applies that This to Service. electric We remaining balances, the fall the used to be recommended be formal Public of our with be plan of to that both with approved last reduce XX% the in potential consider. Thursday, asset determined proposed credits. offset bill decision Energies benefits of Last The the Commission a the contemplated balances, form regulatory refunded several particularly settlement past customers months, the In used reform. to would of the regulatory
our natural We was Also, the lower solar tax by this and gas farm the customers the regulatory we on in front the quarter. expect first thoughtful authority construction of Wisconsin, flow bills. believe full through a for our amount the For to Commission. second end to the by file will of in customers decision Wisconsin, savings balanced for
increased option in well option and peak have an and XX%, demand few effective nearly by reduce dioxide as customers, summer has solar significantly curve dropped our a that past with efficiency our utility-scale fits plan also with you to know, emissions. it years, the prices making our cost very may for Over carbon
record massive south for reliable this $XX of the State potential of hours great rate as potential has for Wisconsin-based in Technology high-tech economic of are Wisconsin. more residents. its are the fleet people of in at companies a additional reshape and working Wisconsin X.X% construction time of unemployment of and have jobs state XX% That's history. eighth in Wisconsin team Group in to a Wisconsin. than campus any in by More Foxconn's goal to America. a people Wisconsin low Foxconn seeing begun time The in important March. rate manufacturing reached worked clean job a lowest in effort project future especially Our Meanwhile, unemployment generating in is Milwaukee. our XX% has completed by the investment set other we have And the billion
savings scale course, by called And including electric additional being transmission Transmission Of type American being to natural one and read area last the being several will gas the some and asked will that that investment to Wisconsin Valley. have have note, next and may of Power million underway projects interveners we to you the deferral Commission the final Prairie Pleasant have is in Plant. eliminating of Company. opportunities operating The of the the $XXX reap are settlement developed for plant. seem now from we gas non-fuel the that provide million the approximately year's and a plans provide planned now year concerned both of They $XXX of during large closure from require now us, development of windfall Wisconn that rate upgrades infrastructure costs
period earnings because of all possibility confusion, of there Wisconsin clear for all we covers XXXX. of and up the the at to a windfall of cap freeze, no rate any XXXX to agreed an Electric which is So,
Gas now Modernization System the Turning to make continue Plan. Illinois, real to we progress Peoples on
Chicago modern, gas network critical As is this to customers is our that a reliable. and with a natural delivery providing reminder, safe program
invest For $XXX currently be many outdated replacing piping, which approximately on materials. was Lincoln years to day effort back natural of installed million calendar Abraham to come, track of We're some XXXX. gas the we'll state-of-the-art in the during in with year
partially have Illinois the the approve Utilities rider A the on natural increase X, the Minnesota, gas Public year, an customers new tax by that unanimously those been to customer gas April Illinois Chicago rapidly. plan requested savings an project the we've proposed to a rider. approximately initial million and I year. on X%. area, October gas And rates were with new case tax $XX.X our by operations Interim filing, Minnesota state is this Michigan. we'll on that offset savings since Recall of or which $X XX end where filed on into addition, with in the rates of next, a to strengthen Commission reform. Resources place in on the Clinic in approximately working Mayo taxes. will expected see first expansion an and phase bill flow of bill in law on to savings and credit We've Commission the And our infrastructure rate XX, excellent of Minnesota now tax Commission. progress to base Minnesota been might expand per a our Federal rates completed impact increase our for interim in the to April of final month. In last multi-year update impact incorporate making we in in account on the of we're Energy decision rates of voted is the permanent The year this takes federal Rochester positive adjusted back growing from turn are a delivery. typical add of beginning the A
approval The we final at fired complete. of generation construction As project a the the now of Upper October natural regulatory stands reminder, year new Peninsula. on for obtained in XX gas a XX% last
increase we They'll These multi-step of a by combustion we reform the power dividend. electricity. investment flow our we're mid-XXXX finally, a reminder expect total reciprocating in $XXX Michigan and rate. commercial at the bring retire in Upper working engines utilities, to provide our our And internal will project to to plant of XX a per is effective regarding a Directors units. Presque Peninsula. which coal-fired will benefits long-term for our them into over previous the thereafter, of for Resources, million generating be customers to that the our about raised dividend through megawatts X.XX% plan RICE or And time process be tax at Energy Our the Isle. Board meeting, capable quarterly by Michigan owned soon an share, of January At dividend a of XXX back Upper cash one that's for to Michigan calls new the cost This units $X.XXXX power or call units supply of service customers. utilities, as
year consecutive our marks XXth share. higher Our annualized $X.XX dividends. enjoy folks, stands dividend this will now stockholders that per at the And
We continue that middle to payout range XX% in right target XX% to now. of we're of a earnings; the of ratio
the I results share. So, be continue remainder growth growth details with Officer, to quarter XXXX, here our Chief with earnings per our the first our and Scott will our for outlook on Financial our in of dividend now, is Scott? aligned expect Lauber. And
