PPL Electric Utilities receives PUC approval for new distribution rates
The approved settlement increases annual revenues by $275 million, funding reliability investments and customer protections.
See the latest news and media coverage for PPL. We track all announcements, press releases, and industry mentions in real time, all in one place.
Electric utility holding company
pplweb.comLast updated
In short: PPL Corporation achieved strong Q1 2026 results, reached a $275 million rate settlement in Pennsylvania, and launched a $23 billion investment plan.
The approved settlement increases annual revenues by $275 million, funding reliability investments and customer protections.
Announces $0.60 GAAP EPS, $0.63 ongoing EPS, reaffirms $1.90-$1.98 full-year guidance and 6-8% EPS growth through 2029.
They explore feasibility of deploying Xe-100 SMRs in Kentucky to meet energy demand and ensure grid reliability. Supported by state initiatives.
They evaluate Kentucky's first 266-MW pumped storage hydro project on former coal lands, promising 2,300 jobs and grid resilience.
The Pennsylvania Public Utility Commission voted last week to reduce a request from PPL Electric Utilities Corporation to increase its base rate. PPL Electric's original...
In the most recent trading session, PPL (PPL) closed at $35.85, indicating a +1.1% shift from the previous trading day.
Analysts have been eager to weigh in on the Utilities sector with new ratings on PPL , Oklo Inc and TXNM Energy . Introducing TipRanks...
In the latest trading session, PPL (PPL) closed at $35.74, marking a +1.65% move from the previous day. The stock outperformed the S&P 500, which...
Track PPL and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to PPL and other trending companies.