KPSC orders (Feb 16, 2026) approve parts of LG&E/KU stipulation: +$59M (LG&E elec), +$128M (KU elec),…
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KPSC orders (Feb 16, 2026) approve parts of LG&E/KU stipulation: +$59M (LG&E elec), +$128M (KU elec), +$46M (LG&E gas). Authorized ROE 9.775% (base) / 9.675% (capital). $PPL ⚖️💰 #PPL #utilities #regulation
KPSC creates a pilot Generation Recovery Adjustment Clause (PGR) to recover costs/returns for Mill Creek Unit 5, Brown BESS, Mercer & Marion solar; includes potential Mill Creek Unit 2 stay‑open costs. Mill Creek Unit 6 & Brown Unit 12 excluded. $PPL ⚡️ #PPL #renewables
Rates retroactive to Jan 1, 2026; companies must refund excess amounts to customers within 60 days. KPSC denied the proposed earnings‑sharing clause. Parties may seek rehearing/appeal or withdraw from the stipulation. $PPL 🔁⚖️ #PPL #rates