“Regardless of the outcome of Treasury, we’re reaffirming our 6% to 8% annual growth target from 21 to 25, which I’ll talk bit more about shortly.”

In context

“d our shareholders. We appreciate the transparency and forward-looking planning in rate predictability that it allows. Our rate case will be filed at the same time as our multiyear integrated grid plant with the final order by the end of 2023. So there has been a lot of good operational and financial progress this year and we’re on track to close a very strong year. We know investors are focused on our outlook this year. First, I’ll update you on the Inflation Reduction Act. We’ve always strived for transparency. So last quarter, we communicated the potential impact or higher annual cash tax as a result of the IRA. Since passing the bill, we’ve been working with the industry and we remain optimistic that Treasury will implement the guidelines in a way that materially mitigates the impact. Regardless of the outcome of Treasury, we’re reaffirming our 6% to 8% annual growth target from 21 to 25, which I’ll talk bit more about shortly. In addition to reaffirming our growth commitment, we have emphasized the impact of the potential higher cash tax. Even in the event of the impact is not mitigated through treasury regulations. We expect that higher cash needs will not require us to issue additional equity beyond the original $1 billion commitment through 2025. On the positive side, the Inflation Reduction Act is very beneficial for our customers as we lead the energy transition. We look forward to the moment that we will build an industry as the industry takes advantage of this historic legislation past this year. Our jurisdictions were already driving for clean and federal support enacted this year is more affordable and accessible to customers. We see opportunities in terms of [indiscernible] to connect renewables, supp”