PPL Electric Utilities wins Pennsylvania approval for $275 million annual distribution revenue increase

PPL Corporation

PPL Corporation

PPL

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  • PPL affiliate PPL Electric Utilities won Pennsylvania PUC support for a settlement in its distribution rate review.
  • Annual base distribution revenue to rise by USD 275 million; new rates take effect July 1, 2026.
  • Residential bills to increase 3.23%, or USD 6.48 a month for 1,000 kWh usage.
  • New large-load rate class adds 10-year minimum commitments; USD 11 million a year of low-income assistance shifts to large-load customers from 2027.
  • PPL Electric committed to hold distribution base rates flat for at least two years following implementation.


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