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BRIEF-PPL Electric Utilities Reaches Settlement In First Distribution Rate Increase Since 2016

Reuters
Mar 14
BRIEF-PPL Electric Utilities Reaches Settlement In First Distribution Rate Increase Since 2016

March 13 (Reuters) - PPL Corp PPL.N:

  • PPL ELECTRIC UTILITIES REACHES SETTLEMENT IN FIRST DISTRIBUTION RATE INCREASE SINCE 2016

  • PPL CORP - SETTLEMENT PROVIDES FOR $275 MILLION INCREASE IN ANNUAL BASE DISTRIBUTION REVENUES

  • PPL CORP - IF APPROVED, SETTLEMENT WOULD RESULT IN CUSTOMER BILL INCREASES BASED ON RATES EFFECTIVE JAN. 1, 2026

  • PPL CORP - COMMERCIAL CUSTOMERS USING 1,000 KWH/3 KW COULD SEE BILL INCREASE OF $4.64

  • PPL CORP - NEW DISTRIBUTION BASE RATES WOULD GO INTO EFFECT JULY 1, 2026 IF APPROVED

  • PPL CORP - INDUSTRIAL CUSTOMERS USING 150,000 KWH/500 KW COULD SEE BILL INCREASE OF $382.63

((Reuters.Briefs@thomsonreuters.com;))

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