“We absolutely across all of our electric service territories expect to own renewables over the forecast horizon.”

In context

“thinking about managing financing the CapEx required to support that growth? And how you'd expect to balance between debt and equity going forward. Dan Tucker: Yes, Carly, it's a great question. And look, just order of magnitude, we'll provide specific guidance in February. But I think as we sit here today on the very front end of this IRP update process, we do see pretty substantial potential increases. And potentially, we're talking billions of dollars where our current five-year plan for capital is $43 billion. I think we easily see a plan that translates to something north of $45 billion, and it's really a question of how much higher than $45 billion once we get to February and kind of lay that out. And I say all that continuing to be conservative about including any owned renewables. We absolutely across all of our electric service territories expect to own renewables over the forecast horizon. But we're going to wait until there's better line of sight on those individual projects to include those. So getting to your question in terms of financing, we've been very clear about our credit objectives. And I think our profile is positioned to be differentiated, and it's our objective over the long term to preserve that differentiated profile. And so that will mean the potential for maybe turning on our equity plans. We're fortunate to have one of the largest, if not the largest drips in the industry. We can generate between $350 million and $400 million a year just through those. And then we always keep on the shelf and at the market program just to have flexibility. So, we will absolutely do what we need to do to preserve the credit profile in terms of the balance of how that's fin”