And I think it will give the party — all parties involved confidence that we’re executing well on the IRM. So that’s why we took a little different approach this time. and we feel that it will be successful. We socialized it ahead of time before we filed and got very strong positive feedback. So we feel good about it this time.
Anthony Crowdell: Do you guys ever estimate or provide what the cost is to file a rate case if I think of all the DTE personnel that have to go around aggregating data, all the test running, you add all that up. Is there a value that you guys have put out on that, that may be an IRM and again, you guys have been very clear and very modest in the beginning. It will take years before you start seeing ever delay rate filings. But what’s the potential savings that a customer sees if you’re able to lay a rate filing?
Gerardo Norcia: I would say there are, of course, the costs of sort of prosecuting a case, if you will, for us and for our interveners and for the commission. So we’ll reduce that. And I think that will be significant. But I think the more significant piece, Anthony, will be the fact that once we have certainty of an investment profile, from a supply chain perspective, we can start preordering materials and working out supply arrangements that are much more efficient over the long term, over 3 to 5 years. and lining up our contractors where the bulk of the cost is and extracting value from them on behalf of our customers. So I would say the beauty of the IRM that we saw in the gas business is you can start lining up major supply chain and initiatives and also contractors to extract efficiencies.
When you can commit to somebody for 5 years, there’s a huge incentive to for them to respond to our efficiency initiatives. So that’s where I see millions of dollars of potential savings in capital and the ability to accelerate our work.
Anthony Crowdell: Great. And just lastly, DTE Vantage, I love the guidance you’ve given out, I believe, till 2027. Can I think of the growth from ’23 to ’27 as linear? Or is it more back-end loaded? Like, just any clarity on the growth in earnings at DTE Vantage?
Gerardo Norcia: Typically, we’re targeting that $15 million to $18 million, Anthony, of growth advantage to support that forecast. So that’s what the team passed with each and every year and sometimes they beat it, sometimes it’s lower. But overall, it averages out to about $15 million to $18 million a year of income growth. And a lot of it is — we can look to it coming because we’ve got these landfill projects that are under our current control that we can convert to RNG. And so we’ve got a nice line of sight at least over the next 2 or 3 years into project development.
Operator: Ladies and gentlemen, that is all the time we have for questions today. I would now like to turn the call back to Mr. Jerry Norcia.
Gerardo Norcia: Well, thank you, everyone, for joining us today. And I’ll just close by saying we had another strong year in 2022, and I’m feeling really good about 2023 and our position for the long-term future. So I hope everyone has a great morning, and stay healthy. Thank you.
Operator: Ladies and gentlemen, thank you for participating. This concludes today’s conference call. You may now disconnect.
