Lynn Good : Yes. Jeremy, let me give a start and I know Brian will have something to add to this. As we look at the various classes, residential load is below our expectation for the year. But I would say to you as we look at residential load, it has been weak in the months when weather has been mild. So I actually believe we’ve got some in precision. We’ve talked about this. It’s hard to figure out what’s the economy and what’s weather. And so we’re talking about $0.30 of weather headwind, but that could be a bit higher in that some of the volume weakness in residential is weather related. Commercial has exceeded our expectations. And so Commercial is tracking exactly as we would expect. And then industrial, we’ve seen some pullback.
We’ve seen pullback in a couple of sectors. But fundamentally, over the long term, because of all the growth we’re seeing in our industrial and commercial sectors, we think the fundamentals there are strong. So residential, a little bit of a weather story. Commercial on track. Industrial, a short-term pullback is what I would leave you with. And Brian, how would you add to that?
Brian Savoy: Yes, I would say in the industrial sector, Jeremy that we’re in regular dialogue with our large customers. We talk to them. We understand that with the uncertain economic backdrop, there’s some prudent inventory management going on. We’ve gotten through a lot of the supply chain challenges over the past several years and inventory levels are in a healthier spot. So they’re like, well, as we’re — looking forward, there could be some clouds coming. So let’s just be prudent. So we’ve seen a slight dial down in usage, but we don’t see that persisting into the long term in the future. So I would just take it at that. And the bottom line is that the economic development investment in our territories is strong, and it’s going to produce increasing levels of demand for large customers as we look through the middle of the 20s and into the 30s.
Jeremy Tonet: Got it. That’s very helpful there. And then just kind of coming back to prior questions and bringing a finer point to it. There’s been media stories talking about Duke’s interest and PSNC. And so based on what you’re saying before, Duke is not interested in PSNC? Or would that fit into your organic growth story?
Lynn Good : Jeremy, I don’t think it’s appropriate for me to comment on another company’s process. But what I would like to emphasize and have you take away is that our sole focus at Duke is on our organic growth plan.
Jeremy Tonet: Got it. I’ll leave it there. Thank you.
Operator: Our next question comes from Steve Fleishman from Wolfe Research. Steve, your line is now open.
Steve Fleishman : Thanks. I think my main question was answered there. But one other one, just on the North Carolina in terms of the DEC case. When might we — if you’re going to be able to settle that one, what will be the time line for a potential settlement there?
Lynn Good : Yes, Steve, we’re scheduled to be on the stand August 28. Rebuttal testimony was filed at the end of last week. So this is the time frame for discussions. And also in that time frame, we’re expecting an order on the DEP case. So a lot of activity here in August, and we’ll keep you informed every step of the way.
