“We're looking to deploy $7.2 billion of capital this year, more than ever before, while maintaining earned ROEs in the 9% to 10% range and delivering on our 2023 earnings guidance range of $2.30 to $2.42 per share.”

In context

“to Calvin for his closing remarks. Calvin Butler: Thank you, Jeanne. Let me conclude our prepared remarks with reminder of our priorities and commitments for 2023 as the premier T&D utility. It starts with operations. Operating safely and reliably is our core mission, and you can count on us to focus on that every hour of every day. Secondly, as you heard from Jeanne, we have a full set of rate case proceedings well underway that will set our path for the next three to four years, given our multi-year plan frameworks. The transformation of our energy system requires a lot of coordination and alignment, and we welcome the opportunities to engage with stakeholders on the most effective and efficient means to meet our jurisdictional goals. And third, we are focused on executing financially. We're looking to deploy $7.2 billion of capital this year, more than ever before, while maintaining earned ROEs in the 9% to 10% range and delivering on our 2023 earnings guidance range of $2.30 to $2.42 per share. We have made great progress on our financing plan for the year, while also laying groundwork for future financing needs, and we continue to focus on ensuring our balance sheet is strong. Last, we continue to focus on maximizing the value we provide our customs, and ensuring we are serving them in an equitable manner. As an example of how we are innovating to support a more affordable energy transformation, I'll point to BGE's recent partnership with the City of Baltimore. Specifically, BGE will share responsibility for improving the City's 700 mile conduit infrastructure, reducing the amount the City paid for maintenance capital improvements, and allowing BGE to take advantage of its contracting and construction efficiencies, all while ensuring a healthy conduit system to provide more rel”