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Last updated on April 23, 2014 at 20:10 EDT

Latest PPL Stories

2014-02-28 08:21:55

Ofgem sets base revenues for price control period beginning April 1, 2015; PPL reaffirms projected earnings ranges for U.K. business segment ALLENTOWN, Pa., Feb. 28, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) received official confirmation Friday (2/28) that business plans submitted by its four Western Power Distribution subsidiaries in the United Kingdom have been accepted in full, subject to a cost of equity change, for the 8-year price control period starting April 1, 2015....

2014-02-17 16:20:23

ALLENTOWN, Pa., Feb. 17, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) said Monday (2/17) that its Western Power Distribution subsidiaries in the United Kingdom have accepted a decision by the Office of Electricity and Gas Markets (Ofgem) to set the real cost of equity at 6.4 percent as part of its ongoing price control review process. Western Power Distribution's four subsidiaries own and operate electricity distribution networks that serve 7.8 million customers in central and...

2014-02-06 08:22:59

-- Earnings from ongoing operations of $2.45 per share exceed both 2013 forecast range and 2012 results ALLENTOWN, Pa., Feb. 6, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (2/6) announced reported earnings for 2013 of $1.13 billion, or $1.76 per share, compared with $1.53 billion, or $2.60 per share in 2012, and an increase in its common stock dividend. Earnings from ongoing operations were $1.59 billion, or $2.45 per share. That result exceeded the 2013 forecast range of...

2014-01-29 08:23:45

ALLENTOWN, Pa., Jan. 29, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2013 earnings results, and issue 2014 earnings guidance, before the stock market opens on Thursday, Feb. 6. William H. Spence, PPL chairman, president and Chief Executive Officer, along with other members of PPL's executive team, will discuss quarterly and annual results and the company's general business outlook during a conference call with financial...

2014-01-14 16:21:41

Offer provides up-front savings and long-term price certainty AKRON, Ohio, Jan. 14, 2014 /PRNewswire/ -- Residents served by PPL Electric now have the opportunity to save money on their electric bills and secure a low generation price for six years by signing up with the FirstEnergy Solutions PriceControl offer. By enrolling now, residents can lock in a fixed price of 8.11 cents per kilowatt-hour (kWh) on electric generation through 2019, which is a savings over PPL Electric's...

2014-01-07 16:20:48

Voith supplied turbines, generators, and automation equipment for major expansion at nearby century-old plant YORK, Pa., Jan. 7, 2014 /PRNewswire/ -- Voith Hydro proudly celebrated the recent completion of PPL Generation's expansion of the Holtwood Hydroelectric facility on the nearby Susquehanna River in Pennsylvania. Voith supplied the turbines, generators, and automation components for the project, which more than doubled the century-old plant's electricity generating capacity....

2013-12-20 20:20:24

BUTTE, Mont., Dec. 20, 2013 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) today submitted its formal request to the Montana Public Service Commission to approve the purchase of 11 hydroelectric generating facilities and related assets from PPL Montana, LLC, a wholly owned subsidiary of PPL Corporation (NYSE: PPL). The filing initiates the formal regulatory process necessary to complete the previously announced $900 million agreement between the...

2013-12-20 16:22:17

ALLENTOWN, Pa., Dec. 20, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has set the date for the company's annual meeting of shareowners for Wednesday, May 21, 2014. The meeting will be held near Birmingham, England. PPL Corporation, with 2012 revenues of more than $12 billion, is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10 million customers in the United States and the United Kingdom, owns...

2013-12-11 08:21:55

TULSA, Okla., Dec. 11, 2013 /PRNewswire/ -- PennWell Corp. -- Electric Light & Power magazine, the voice of the electric utility industry since 1922, today announced it has named Allentown, Penn.,-based PPL Corp. the best electric utility in North America and is awarding PPL Corp. its prestigious Utility of the Year designation for 2013. (Photo: http://photos.prnewswire.com/prnh/20131211/DA31192) (Logo: http://photos.prnewswire.com/prnh/20110627/DA26630LOGO) Editor in Chief...

2013-12-02 16:21:03

New 125-megawatt powerhouse begins commercial operation; project to improve fish passage HOLTWOOD, Pa., Dec. 2, 2013 /PRNewswire/ -- PPL Holtwood on Monday (12/2) announced completion of a new, 125-megawatt powerhouse at its Holtwood hydroelectric facility along the Susquehanna River in south-central Pennsylvania. (Photo: http://photos.prnewswire.com/prnh/20131202/PH26121) The powerhouse is part of a $440 million expansion project to boost the plant's generating capacity and...