Anthony Crowdell: Well, thanks so much. Thanks for the time. I’m also not planning a dog anytime soon. I hope you guys have a great day.
Gale Klappa: Thank you, Anthony.
Operator: Our last question comes from the line of Vedula Murti with Hudson Bay Capital.
Gale Klappa: Hello, Vedula.
Vedula Murti: Good afternoon. How are you?
Gale Klappa: We’re good. How about you?
Vedula Murti: I’m okay. A question
Gale Klappa: No, no, no, no. Vedula, I keep wanting you to say wonderful and award winning. You know that.
Vedula Murti: Great. Wonderful, award winning. I appreciate that. Thank you.
Gale Klappa: All Right.
Vedula Murti: Okay. With all the focus on affordability and the regularity of rate filings and rate increases over multiple years, associated with investments, et cetera. I’m wondering if you can maybe — the topic talk too much about is the rate design and whether in fact there is any room or any ability to kind of work on that to perhaps balance some misalignment or to like somehow perhaps make things perhaps broadly more affordable. I know that in the past, it was always the industrial, large customers, subsidize residential and those used to be the thing to want to work it back through cost of service. So, I’m just wondering — I wonder if you can kind of give us your thoughts on that. And secondarily, one of the other things is about the fixed charge versus variable and whether there’s been a trend mostly to moving towards a much larger fixed charge and away from being volumetrically exposed?
Is there any thought or any duration or philosophy around perhaps using that as a means to make things more balanced into affordability?
Gale Klappa: Okay. Well, I will ask Scott to give his view on this as well. Let me start off with one thing that immediately comes to mind. We have been, I think, pretty innovative in trying to help on the whole affordability issue. In fact, in the prior rate case and then it will be actually improved coming out of this rate case, we started something called the LIFT program for low income individuals where if you stayed on a payment plan, there was actually some forgiveness of bill arrears. And that’s been actually an example again of how we’re trying to help and work on the whole affordability issue. So, that’s one thing that comes to mind. And the other is, I’m sure, as we continue to see adoption of EVs across the footprint, that we will be looking at time of use rates and things that can be helpful in terms of not adding to the peak demand and therefore, not adding to our investment cost because of the prevalence of — as we continue to grow the prevalence of EVs. Scott?
Scott Lauber: You’re exactly right. Looking at like time of use rates has been very helpful, especially as people are starting to get the EVs and they charge at night. And we’re always looking at other opportunities, and we had — we’ve added in the past year some real-time market pricing programs, too, to encourage economic development. So, we really continue to evaluate what’s good for the state of Wisconsin and our customers.
Gale Klappa: Hope that’s helpful.
Vedula Murti: I appreciate it. Thank you.
Gale Klappa: You’re welcome. All right, folks. Well, I think that concludes our conference call for today. Thanks so much for taking part. Always enjoy the discussions with you. And if you have any additional questions, feel free to call Beth Straka at 414-221-4639. Thank you, everybody, so long.
Operator: Thank you, everyone, for your participation. You may now disconnect.
