2002

• PPL cancels about 2,100 megawatts of planned generation development.
   
• PPL Electric Utilities begins installing automated electric meters for its 1.3 million customers in eastern and central Pennsylvania. (news release 1) (news release 2)
     
• PPL’s Susquehanna nuclear plant receives a top federal safety award for its outstanding health and safety programs.
   
• Due to the denial of emergency rate relief and the inability to obtain support from creditors for a proposed sale, PPL’s Brazilian electric distribution company, Companhia Energetica do Maranhao, files for the Brazilian equivalent of a U.S. Chapter 11 bankruptcy.

2003

• PPL reports record earnings of $734 million, or $4.24 per share, for 2003.
   
• PPL opens a $1.7 million environmental learning center at Lake Wallenpaupack to promote education and community programs.
   
• PPL begins the first phase of the largest equipment upgrade project in the 20-year history of the Susquehanna nuclear power plant.
   
• PPL dedicates the Plaza at PPL Center, a new office building in Allentown, Pa., that showcases environmentally wise construction.
   
• PPL Electric Utilities wraps up the largest recovery effort in the company’s 80-year history, restoring power to 490,000 customers whose service was interrupted by Hurricane Isabel.
   
• PPL reaches an agreement with a coalition of government agencies and private groups to sell three of its nine hydroelectric dams in Maine. The coalition plans to remove or bypass the dams to restore runs of Atlantic salmon to the Penobscot River.
   
• PPL’s Operation HELP, which pays heating bills for those who cannot because of low incomes, disability or large medical expenses, reaches its 50,000th household since the program began 20 years ago.

2004

• PPL Corporation reportes 2004 net income, or earnings, of $698 million, or $3.76 per share.
   
• PPL increases its common stock dividend by 10 cents per share. With this increase, the company has boosted its dividend by more than 50 percent over the past three years.
   
• PPL begins the second phase of the largest equipment upgrade project in the 20-year history of the Susquehanna nuclear power plant.
   
• PPL Electric Utilities asks the Pennsylvania Public Utility Commission for permission to increase its distribution rates for the first time in nearly a decade.
   
• The Leadership in Energy and Environmental Design program of the U.S. Green Building Council awards a "gold rating" to the Plaza at PPL Center — the first privately owned building in Pennsylvania to achieve this status.
   
• James H. Miller becomes the company’s executive vice president and chief executive officer, effective Sept. 1.

2005

• PPL Corporation reports 2005 earnings per share of $1.77.
   
• PPL Electric Utilities becomes the first electric utility in the country to qualify all of its field worksites for "Star" status under OSHA’s Voluntary Protection Program.
   
• PPL Corporation completes the sale of the 450-megawatt Sundance power plant to the Arizona Public Service Company.
   
• PPL Corporation announces an 8.7 percent increase in its common stock dividend and a 2-for-1 common stock split.
   
• PPL Corporation announces plans to increase its investment in pollution control equipment at its Brunner Island power plant south of Harrisburg, Pa., over the next five years.
   
• On the eve of its 80th anniversary, PPL Corporation’s Lake Wallenpaupack hydroelectric project receives permission to continue operating through September 2044.
   
• Workers stops the flow of water and ash from a leak at the Martins Creek power plant on the Delaware River.
   
• Power plants own and operate by PPL Corporation generate 54.8 billion kilowatt-hours of electricity in 2005 — more than any year in the company’s history.

2006

• PPL Corporation on Feb. 24 increases its common stock dividend by 10 percent.
   
• William F. Hecht, PPL Corporation’s top executive since 1993, retires Oct. 1. James H. Miller, who has served as PPL’s president since 2005, becomes chairman and chief executive officer of the company.
   
• PPL Corporation joins the FutureGen Industrial Alliance.
   
• PPL Corporation completes the sale in June of its 50 percent ownership interest in the Griffith power plant in Kingman, Ariz., to a subsidiary of LS Power Equity Partners.
   
• William H. Spence, a 27-year energy industry veteran, joins the company in June as its executive vice president and chief operating officer.
   
• PPL seeks U.S. Nuclear Regulatory Commission approval to renew the operating licenses for the Susquehanna nuclear power plant in Luzerne County, Pa., for an additional 20 years.