Question-and-Answer Session
Operator
(Operator Instructions) The first question comes from the line of Daniel Eggers of Credit Suisse. Please proceed.
Daniel Eggers - Credit Suisse
Hey, good afternoon, guys.
Dave Joos
Hi, Dan.
Daniel Eggers - Credit Suisse
I was wondering we heard a lot of more momentum recently in Michigan on pushing forward and decoupling on the electric rate case side. Can you just kind of share your thoughts of how you expect to see that, one, if you expect to see it, two, how you expect to see that policy implemented you know with this upcoming order?
Dave Joos
Well, it’s hard to predict anything specific. We know there’s been a lot of interest in and we’ve of course requested in our case in fact, the legislation on the gas side last year, the new law, actually requires it on the gas case we meet certain conditions. The administration has been interested as well, because they’ve obviously been very interested in energy efficiency, here in the state.
So, we know there’s a lot of talk about it. We obviously have been advocating for it. We’re optimistic the Commissions going to improve something in the way of decoupling, but it’s a bit difficult to predict how comprehensive, and exactly what that mechanism might look like until we see the actual order.
Daniel Eggers - Credit Suisse
With an order, with rates effective, I think in just a couple weeks now, could you get a decoupling mechanism in place in a timely fashion, or because you get made whole later it would be okay to give a little time for??
Dave Joos
Well, you know it’s a voodoo approved mechanism, I would expect it to go into effect you know very rapidly. The only point is, from a cash perspective, exactly when the true up occurs how it occurs all those details, I think would have to be sorted out. They may or may not be addressed, if they do approved something at that level of detail so, they may actually be follow-up proceedings.
We just don’t know yet. I guess, what our concern is just looking at the issue of sales impact particularly on earnings, and obviously we concerned about cash flow as well, but directly on earnings to the extent we put something in place, we think that would be helpful and we’re hopeful the Commission is going to go there.
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