outlook. morning third on Thank cover I'll you, details providing Maria, everyone. before quarter additional results good our and our
power volatile continued strategy, Moving five, markets. of demand our and effective quarter execution long-term slide management the results risk in to reflect growth and third our
region. recovery. the year among they the Steady On high Residential QX year-over-year, quarter, Our weather-adjusted, XXXX, digital X.X%, X.X% improved sectors weather-adjusted solid, third on These continue growth in conditions basis, higher by stable but to challenging the load commercial year-over-year in increased to warmest demand. services compared industrial X.X% over X.X% XXXX which QX the throughout trends. XXXX. increased to weather-adjusted. to moderation non-weather-adjusted drive total loads increased in load and it XX% deliveries increased high-tech loads has continue unemployment Overall, average load temperatures see Commercial regional customer we also X.X% growth strong to for economy and count continues X.X% increased relative created our X.X% as over its remains a driving QX in year-over-year, XXXX, compared in QX throughout territory year segment as usage to as as by market Residential temperatures remained X.X% post-pandemic weather-adjusted, COVID-XX-related increased power customer continued or industrial development X.X% service West. record but X.X% XXXX. our decreased grew decreased but
optimizing were costs quarter-over-quarter. acutely to increase significant limit in earnings industrial total demand a In on quarter-over-quarter risk decrease revenues we up challenges. power price in power financial as high the cost XXXX. is energy I'll ‘XX by in and XXXX, pressures. from price our and change customer by customers, for market and Our competition, experienced deliveries X.X% led QX resource in the to outweighed this total region compared commercial our customer a effectively the headwinds cover we creating costs performance high-tech change load operational We load with exhibited We increase normalize the remain continues residential growing of $X.XX revenues, managed operations attributed of focused managing that growth $X.XX load was these to quarter-over-quarter. X.X% now risks while comparison. the and driven address $X.XX impacts price to in Industrial volatility,
will discuss million pushed XXXX that cost upper deferral, the a above mechanism shortly. conditions a power I again As threshold, adjustment QX saw in reminder, cost $XX which resulting power
and due offset $X.XX expense net efficiency a operating This quarter, decrease, drove of decrease. prices compared impacts our $X.XX regulatory region's peak balances impact technology the demand primarily of organization. in lower professional increase were These saw load the in We of revenue, volumes intangible XXXX, serve continued to that a and amortization largely expenses Higher a to increased the costs due periods investment costs. historically scarcity higher and drove the to impact because market increase in to reflecting a across software storm, was in restoration due are to services asset program peaks lower hot purchase depreciation EPS $X.XX during from summer. serving $X.XX to to resource a to load related
from $X.XX net was medical post-retirement Lastly, income other $X.XX items. offsetting few portion and impact of decrease a debt from PGE's from other expense due settlement interest higher and a to partially decrease offset a decrease of of items, we $X.XX a due higher the reflecting from by $X.XX income to XXXX gain had issuance increase a which the it to a of plan, to million QX due a $X.XX $XXX buyout taxes increase miscellaneous a was impacts
seven. slide Turning to
$XX amortization over project February allow Ice recovery We be that the As Combined, which Maria step in to toward XXXX and target. will the relating Clearwater, XXXX. million XXXX an later timing the under approval. be which matters generation allow and a plan of clarity future would will parties all beginning deferral, a full has also costs Wildfire provides January and of to to these yesterday, agreement Day in our slide matters to to we that $XX we as to the using a amortization outstanding clean ongoing and deferred project -- approach mentioned agreement roadmap years. customers XXXX some benefit two $XX XXXX. million PGE PCAM considering early OPUC, very executed of energy agreement are renewable our to transfer COVID-XX deferred on the OPUC of first request amounts million when with Storm with a as approach critical a year reflecting This that of XXXX, financing. PGE submitted flexibility announced Maria recovery all Energy allow million high-quality deferral, investment PGE and represents stipulations RFP deferrals. decarbonization an an PGE resolves move opportunities On the reflecting relating the will stakeholders Wind deferrals, project to stipulation our file $XXX stipulations subject XXXX, XXXX to us balance will contracts the years This earlier, and which seven of and $XX build and highlighted with Clearwater with are or of pleased all the of million resolved amortization stipulation NextEra to XX, this major Resources. resolves Labor September OPUC X, respectively for parties over eight, execution a related XXXX submitted have our portion
are additional to for negotiate continuing shareholders both resources. other with RFP dispatchable non-emitting generation and projects We bidders capacity renewable
of we that the XXXX these by end optimistic early are XXXX. will in We negotiations conclude or
rebalance both Clearwater maintain related as to capital purposes credit RFP the customers. and strong needs for creates ratings. continuing benefits are potential our sheet regulatory and important and We and to assess for as structure shareholders investments, equity other balance long-term debt equity needs to the well project Strong project our
time this on our look leading We growth over finance and up capital and to forward will to consistent of average. to structure XX-XX
shows Clearwater, base generation which incremental by nine, we renewable the as CapEx. to XXXX as slide presented updated $XXX XXXX, million capital forecast to the forecast have Turning by our through reflect investment well increased
And and capital XXXX and planned $XXX represents million a or $XXX from have RFP through to forecast million forecast of We expenditures XXXX future system current are by any potential and technology do possible through resiliency, also XXXX ‘XX software, of grid the transportation electrification capital for RFP not related remainder forecast increased Figures This optimization. respectively. the include for ‘XX for ownership $XXX million, $XX providing investments million. cycles.
sheet to in liquidity grade outlook. investments Total Turning to accompanied including to closed. and fourth slide liquidity XX, and solid stable investment million fund is cash we by with operations strong a million. plan continue XX has a issuance which to the balance of $XXX September We the credit a from ratings of of $XXX at up maintain of already debt portion long-term quarter, availability
continue capital We our debt tie debt sustainability expect Framework to to to Green financings seek our this as through we to strategy opportunities Financing under investments. issue our out
and is the controlling remain deployments cost we the like service strength ability of O&M return on prioritizing our our The on our difficult conditions, navigate reflected expenses. highest quarter controlling costs strong that our efficiency. spend activities drive continued continued territory and emphasis trajectory technology on growth third of region, power to The and focused
earnings We $X.XX $X.XX $X.XX and are reaffirming diluted guidance full-year our of or adjusted to per on share basis. per GAAP diluted non-GAAP a $X.XX share
we long-term load guidance Additionally, X.X% increasing are from to also growth X%.
Maria residential is patterns. high-tech in As in continued electrification enabled increase described, industrial by growth this sectors
of resiliency growth year. renewable excited both investments. earnings opportunities to to of from awarded load development, supported investment yet this prospects long-term as year anticipated on our renewable are well presented Given XXXX deferral we as clarity dockets major and the We're very X% earnings guidance XXXX to as well RFP about strong as prospect from by raising XX% X% additional the a Clearwater base opportunities be growth, adjusted by
a discussed operator, forward our confident for we're goals providing all and reliable the our of our catalyst strengthen are enabling we for for core our ready energy clear affordable mission We of And now path as long-term shareholders. today, clean, provide community value and questions. and financial customers, our execution consistent