Operational Efficiency And Load GrowthFirming data center demand and initiatives to convert operating expenses into capital investments are expected to support load growth and improve future earnings by lowering projected customer bill growth.
Rate Affordability And StabilityDeclining residential electric rates and a pending rate case that should keep rates broadly stable bolster customer affordability and support earnings and dividend plans.
Wildfire Liability ReformSupport from regulators and consumer advocates, together with anticipated additional legislation, improves the prospects for limiting the utility's wildfire liability and could reduce legal uncertainty and the company's cost of capital.