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"While we respect the Commission’s decision, we firmly stand by our original filing that sought to recover approximately $1.55 billion in infrastructure investments that we have spent to bolster reliability and growth in our Texas service area. Our customers have depended on these investments since 2020 and the rates in place today and those proposed do not fully cover the cost of building, operating and maintaining this infrastructure. 

Additionally, we requested a 10.7% return on equity (ROE) and received only an increase from 9.35% to 9.4% after four years, which may impact our ability to further invest in infrastructure while keeping costs fair for customers. While we understand and care about customer affordability, we also are concerned about long-term economic development. We may find it challenging to support our Texas region's growth when the ROE remains lower than many other utilities in the state.

Despite the challenges, we remain committed to finding a way to remain reliable and continue to meet the long-term needs of the communities we serve while we evaluate other regulatory options."