PPL Electric filed a joint settlement with the PA PUC on Mar 13, 2026 to resolve its base rate case;…
Filed with the SEC on · Summarized by InvestorsBot
PPL Electric filed a joint settlement with the PA PUC on Mar 13, 2026 to resolve its base rate case; decision expected by end of Q2 2026. Settlement would raise annual base distribution revenue ≈ $275M (vs filed ~$356M). Rates proposed effective 7/1/2026. $PPL ⚡️ #utilities #regulation
Recovery & capital: DSIC eligible investments rolled into base rates; DSIC reset to 0% (cap 5% of annual distribution revenues). SDER storm recovery set at $32M/yr (up from $20M) starting 7/1/2026. IT upgrades ~ $54M to be capitalized (incl. AFUDC). $PPL 🛠️ #energy #PPL
New LP‑6 large‑load tariff (incl. data centers) with contracts, minimums, security & exit fees; includes $11M for residential low‑income support. Low‑income budget +$1.5M to $13.5M from 1/1/2027; reconnection fee waivers from 7/1/2027. $PPL 🏘️ #customers #regulation