“So on the credit, I mentioned that the storm costs are going to temporarily impact our credit in 2024. And as we recover these costs through established mechanisms in '25 that will be resolved.”

In context

“rning. Lynn Good: Good morning, Shar. Harry Sideris: Good morning. Brian Savoy: Good morning. Shar Pourreza: Morning, morning. Just on -- let me just start on overall credit. Post storms, you guys are still I guess above your downgrade threshold for '25. Where are you right now and what is the FFO impact from the storms? And then on the tax credit monetization side, it's obviously a key source of FFO for you. You guys have guided to a monetization figure this year around $300 million to $500 million. I think you recognized about $200 million. Do you expect to hit the range and where within the range is the market kind of slower to develop? So just an overall credit question would be great. Thanks. Lynn Good: Sure. Brian, why don't you take that? Brian Savoy: Certainly. Good morning, Shar. So on the credit, I mentioned that the storm costs are going to temporarily impact our credit in 2024. And as we recover these costs through established mechanisms in '25 that will be resolved. And as we think about where we're tracking on 2024, I would view us in the high 13s is where we plan on landing and that has some of the financing impacts from $2.5 billion of storm costs that we expect that we incurred in 2024. On the tax credit monetization, we completed $200 million so far and we have contracts in place that we plan on closing in the next month to get to the top half of that range that we signaled earlier this year. So I'd say we're tracking right in line with our expectations. And really all the credit-positive initiatives that we had underway, rate cases going to into effect, fuel recovery, monetizing tax credits, all those are tracking at or above our targets for the year. So we feel really good about where we stand on credit and that's why we have a lot of confiden”