Timing of outages at several of our power plants reduced EPS by $0.03 in the quarter. These were primarily planned maintenance outages. Finally regulatory adjustments and reserves reduced earnings per share by approximately $0.05. These adjustments were primarily related to the decision on the Southern Utility Rate case.As a result of the PUCN’s order, earnings were reduced by approximately $16 million pre-tax or about $0.04 of EPS impact primarily related to the Clark peaking units, the Ely Energy Center and AFUDC for Harry Allen. The remaining $0.01 consisted of reserves recorded for potential future liability. In summary, our fourth quarter results were driven by Harry Allen, timing of plant outages and regulatory adjustments.
NV's Management Discusses Q4 2011 Earnings Results - Earnings Call Transcript
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