PPL Corporation
03/06/2026 | Press release | Distributed by Public on 03/06/2026 11:46
Material Event (Form 8-K)
Item 8.01 Other Events
On March 5, 2026, PPL Electric Utilities Corporation (the "Company") reached a non-unanimous settlement in principle in its distribution rate case filed with the Pennsylvania Public Utility Commission ("PUC") on September 30, 2025, marking an important step forward in the regulatory process. On March 6, 2026, a letter advising the Administrative Law Judges presiding over the case of the agreement was posted on the docket for the matter, Docket Nos. R-2025-3057164, et.al. The proposed settlement is subject to approval by the PUC.
The settlement reflects extensive engagement with stakeholders and resolves all issues in the proceeding with broad agreement among the active parties. Two parties expressed limited opposition related specifically to the Company's proposal concerning maximum registered peak load. The Company believes the proposed settlement supports continued investment in a safe, reliable and resilient electric system while maintaining a strong focus on customer affordability and service. Details will be made available after the filing of the Joint Petition for approval of the non-unanimous settlement on March 10. The Joint Petition is subject to approval by the Administrative Law Judges presiding over the case.
The Company looks forward to continuing to work through the regulatory process to reach a final outcome that serves customers and communities across our service territory. The Company cannot predict the outcome of the proceeding. The Company continues to anticipate a ruling from the PUC by the end of the second quarter of 2026.
PPL Corporation published this content on March 06, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 06, 2026 at 17:46 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]