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PP&L Resources begins trading as PPL Corporation as part of a corporate realignment.
- PPL increases its interest in the Conemaugh power plant to 16.25 percent or 278 megawatts.
- Western Power Distribution, an affiliate of PPL Global, acquires Hyder plc, which owns South Wales Electricity plc, an electric distribution company in the United Kingdom.
- PPL Corporation and four other energy companies form Enporion, a new electronic procurement exchange for the energy industry.
- PPL Corporation signs an agreement to become the first North American distributor of fuel cells manufactured by FuelCell Energy Inc. and makes an equity investment in the company.
- PPL Corporation reports record earnings each quarter and for the year.
- PPL announces plans to develop a power plant near Chicago and increase the capacity of its Susquehanna nuclear plant, increasing its generating capacity by more than 600 megawatts.
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PPL securitizes its electric delivery business. This plan — the first of its kind in the United States — allows PPL to retain valuable advantages related to operating both energy supply and energy delivery businesses.
- For the second year in a row, PPL Electric Utilities ranks highest in the eastern United States in a major, national, independent study of customer satisfaction among midsize business customers.
- PPL and Liberty Property Trust unveils plans for The Plaza at PPL Center — a major commercial development that creates jobs and anchors the revitalization of the downtown Allentown, Pa., business district.
- 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 Energy Services announces the commercial operation of an 800-kilowatt methane-to-electricity power generation system at the Northern Tier Landfill in Bradford County, Pa.
- PPL’s Susquehanna nuclear plant has received a top federal safety award for its outstanding health and safety programs.
- PPL EnergyPlus signs an agreement with one of the largest hotel companies in the world to install, own and operate fuel cell systems at two Starwood Hotels & Resorts Worldwide Inc. properties.
- PPL’s Pennsylvania-based electric and gas distribution companies are nationally recognized for customer satisfaction. (news release 1) (news release 2)
- 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.
- PPL reports record earnings of $734 million, or $4.24 per share, for 2003, compared with $208 million, or $1.36 per share, in 2002. PPL stock in 2003 outperforms the S&P Electric Utilities Index by more than 35 percent.
- PPL opens a $1.7 million environmental learning center at Lake Wallenpaupack to promote education and community programs.
- PPL begins phase one of the largest equipment upgrade project in the 20-year history of the Susquehanna nuclear power plant.
- A PPL subsidiary completes installation of a clean, reliable fuel cell power plant at one of the largest U.S. Coast Guard air stations on the East Coast. The project is the first of its kind for the Coast Guard.
- The Brunner Island power plant becomes the sixth PPL facility to be recognized with "Star" certification, the top federal safety award, for outstanding health and safety programs.
- PPL dedicates the Plaza at PPL Center, a new, eight-story office building at corporate headquarters in Allentown, Pa. The building, which showcases environmentally wise construction and operation technology, accommodates continued growth in the company’s non-regulated energy businesses.
- For the third consecutive year, PPL Electric Utilities ranks highest in the East for residential customer satisfaction in a study by J.D. Power and Associates, a leading consumer research organization.
- 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.
- PPL Corporation reportes 2004 net income, or earnings, of $698 million, or $3.76 per share, including a net benefit of $0.05 per share from several unusual items.
- For the third year in a row, PPL’s generating stations produces a record amount of electricity in 2004.
- PPL increases its common stock dividend by 10 cents per share, to $1.64 per share on an annualized basis. With this increase, the company has boosted its dividend by more than 50 percent over the past three years.
- PPL begins phase two 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.
- PPL Electric Utilities for the sixth consecutive year ranks highest in the East for customer satisfaction in a study of business customers conducted by J.D. Power and Associates.
- 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.
- 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 upon Hecht’s retirement.
- PPL donates six islands in the Susquehanna River to the Northcentral Pennsylvania Conservancy, which transfers ownership to Pennsylvania Department of Conservation and Natural Resources for preservation and public use.
- The National Arbor Day Foundation designates PPL Electric Utilities a Tree Line USA utility for 2006.
- PPL Corporation joins the FutureGen Industrial Alliance, a nonprofit consortium working with the U.S. Department of Energy to build the cleanest coal-fired power plant in the world.
- For the sixth year in a row, PPL Corporation's Pennsylvania-based electric and natural gas utilities rank highest for customer satisfaction among the largest U.S. utility companies in the American Customer Satisfaction Index.
- PPL Corporation complete 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.
- For the sixth consecutive year, PPL Electric Utilities ranks highest among utilities in the eastern United States in J.D. Power and Associates’ annual study of residential customer satisfaction.
- PPL Electric Utilities receives the Pennsylvania Urban and Community Forestry Council’s annual Community Forestry Industry Award on Oct. 20, 2006.
- PPL Susquehanna files a request with the U.S. Nuclear Regulatory Commission to increase the amount of electricity its nuclear power plant can generate. The total expected increase is 205 megawatts, which is enough electricity to supply about 160,000 homes.
- 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.
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PPL announces Dec. 19 that one of its subsidiaries will ask the U.S. Nuclear Regulatory Commission to approve a combined license to construct and operate a new generating unit near the Susquehanna nuclear power plant near Berwick, Pa.
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John F. Sipics, who served as president of PPL Electric Utilities since 2003, retires Jan. 1 due to health issues. David G. DeCampli is named president of PPL Electric Utilities in March. John Biggar, the company’s executive vice president and chief financial officer, retires April 1, with Paul A. Farr succeeding him. Ron Schwarz, vice president of Human Resources, announces his retirement. Stephen R. Russo takes over that position in October.
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After more than half a century of generating electricity, two coal-fired units at PPL’s Martins Creek power plant in Northampton County, Pa., are shut down in September.
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PPL Electric Utilities launches a new “e-power” education campaign to promote energy efficiency and a new Web site that gives customers tools to help them take greater control of their electricity use.
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PPL Corporation reaches a tentative agreement with the Pennsylvania Department of Environmental Protection to pay $1.5 million to settle the lawsuit filed by the agency in connection with a 2005 fly ash spill.
PPL EnergyPlus begins offering retail natural gas to commercial and industrial customers in Pennsylvania, New Jersey, Maryland and Delaware.
A PPL Corporation subsidiary’s renewable energy work is named a “Project of the Year” by the U.S. Environmental Protection Agency.
PPL Corporation reports Feb. 1 a 27 percent increase in 2006 earnings per share compared with 2005. PPL’s reported 2006 earnings were a record $2.25 per share compared with $1.77 per share in 2005.
PPL’s Montour power plant had its most productive year ever in 2006. The coal-fired power plant near Washingtonville, Montour County, generated 10.9 billion kilowatt-hours of electricity
PPL Corporation on Feb. 23 increases its common stock dividend by 11 percent.
PPL Corporation announces March 6 that it intends to sell its regulated electricity delivery operations in Chile, El Salvador and Bolivia. PPL completes the sale of its controlling interest in its El Salvadoran business in May, the Bolivian businesses in July and the Chilean businesses in November.
PPL Montana and Puget Sound Energy sign a long-term agreement with Western Energy Company, a subsidiary of Westmoreland Coal Company, for coal supply from the Rosebud Mine near Colstrip, Mont.
For the sixth time, PPL Electric Utilities ranks highest among electric utilities in the eastern United States in J.D. Power and Associates’ annual study of business customer satisfaction. For the seventh consecutive year, PPL Electric Utilities ranks highest in the eastern United States for residential customer satisfaction. The company has earned 14 J.D. Power awards — more than any other utility in the country.
For the seventh consecutive year, PPL's Pennsylvania-based utilities rank highest in customer satisfaction among combined electric and gas utilities in the American Customer Satisfaction Index™.
PPL unveils geocaching — a high-tech game of hide-and-seek — at its environmental preserves.
Pennsylvania Gov. Edward G. Rendell helps PPL and its partners dedicate the Locust Ridge Wind Farm in Schuylkill County, Pa.
At the direction of the PJM Interconnection board of managers, PPL Electric Utilities will build a portion of a new 500,000-volt transmission line.
PPL announces its intent to conduct a sales process for the company’s natural gas distribution business, PPL Gas Utilities Corporation, and propane business, Penn Fuel Propane.
PPL completes the sale of its PPL Telcom subsidiary to Zayo Bandwidth Inc. of Louisville, Colo.
The PUC approves a settlement of a PPL Electric Utilities rate request that increases the company’s total revenues by 1.7 percent.
PPL Corporation announces it will transfer about 3,500 acres of company-owned land along Pennsylvania’s Susquehanna River as part of a broad public-private initiative that will preserve and protect this valuable land while enhancing its benefits to the public.
PPL Electric Utilities announces it has become the first major electric utility in Pennsylvania to track and display daily electricity use information for all of its customers.
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