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PPL Electric Utilities Corporation Reaches Non-Unanimous Settlement in Distribution Rate Case

| 8-K |Utilities

Summary

On March 5, 2026, PPL Electric Utilities Corporation announced a non-unanimous settlement in its distribution rate case filed with the Pennsylvania Public Utility Commission on September 30, 2025. The settlement, which reflects extensive stakeholder engagement, resolves all issues in the proceeding with broad agreement. However, two parties expressed limited opposition to the Company's proposal concerning maximum registered peak load. The settlement aims to support continued investment in a reliable electric system while focusing on customer affordability and service. Further details will be disclosed after the Joint Petition for approval is filed on March 10, 2026. The outcome of the proceeding is uncertain, with a ruling expected by the end of the second quarter of 2026.

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About PPL Corporation

PPL Corporation is a prominent utility holding company with a primary focus on delivering electricity and natural gas services to a wide range of customers. Headquartered in Allentown, Pennsylvania, PPL Corporation operates through several subsidiaries, providing electricity to millions of residential, commercial, and industrial customers in the United States. The corporation's extensive network includes power generation facilities as well as transmission and distribution systems. PPL is actively involved in the energy sector, influencing both regional and national markets. It strives to maintain reliability and sustainability in its energy supply, with an increasing emphasis on incorporating renewable energy sources and improving grid resilience. The company's operations contribute significantly to the utility industry, impacting economic growth and energy security. Moreover, PPL Corporation plays a vital role in the energy market by investing in innovative technologies and infrastructure development aimed at enhancing energy efficiency and performance. Through strategic planning and a commitment to customer satisfaction, PPL Corporations continues to be a leading participant in the ever-evolving utilities landscape.

Exchange: NYSE Industry: Utilities - Regulated Electric Company Website →

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