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Stock Market & Financial Investment News

News Breaks
November 20, 2012
05:21 EDTPPLPPL Corp. backs FY12 EPS of $2.30-$2.40, consensus $2.35
News For PPL From The Last 14 Days
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September 3, 2015
16:15 EDTPPLPPL Electric Utilities reports rate case settlement
PPL Electric Utilities, a subsidiary of PPL Corporation. and the advocates and interest groups who intervened in the company's rate proceeding have reached a settlement that would increase delivery rates and help fund additional reliability improvements, the company announced. If approved, the settlement would mean a residential customer using 1,000 kilowatt-hours per month who does not shop for electricity supply would see an increase of about $7.55 a month. Their bill would increase from the current $147.31 per month to $154.86. PPL Electric Utilities would receive an overall increase in annual revenues of $124M. The settlement must be approved by the state Public Utility Commission administrative law judge and the PUC. If approved, the increase would take effect on Jan. 1, 2016.

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