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Our Vision
Message from Chairman Jim Miller
The energy business and the global economy have changed dramatically since PPL issued its 2008 Corporate Sustainability Report last fall. Our dedication to improving our operations and the communities we serve has not changed.
PPL is not just sitting back, waiting for better times to come. We are focused on reducing costs and risks, and we remain committed to excellence in our day-to-day operations. Important among our core values are environmental and social responsibility, and we continue to make investments consistent with those values despite the challenging times we face.
We have developed renewable energy facilities in the mid-Atlantic states and New England, and we own or control 40 megawatts of renewable energy, including 12 megawatts of solar energy. We are embarking on a broad program of infrastructure improvements in our electric delivery businesses in the U.S. and the U.K. to make the electric grid smarter, more efficient and more reliable.
We are also expanding the amount of power generated by clean, renewable hydroelectric facilities in Pennsylvania and Montana by 150 megawatts, and increasing power generation at the existing Susquehanna nuclear power plant in Pennsylvania. We currently generate about 40 percent of our electricity from non-carbon sources.
We are as devoted as ever to corporate citizenship and customer focus. PPL Electric Utilities received a Green Power award in 2008 from Citizens for Pennsylvania’s Future for promoting energy efficiency. PPL Montana’s involvement in efforts to restore an expansive spring-fed wetland complex on traditional ranch lands near Ennis, Mont., was recognized by President Barack Obama. Western Power Distribution was honored by the U.K.’s energy regulator for its excellence in customer service and social responsibility. PPL is pleased to be selected as one of the 100 best corporate citizens for 2008 by CRO magazine.
We learned long ago that being a responsible corporate citizen – doing the right things at the right time – is linked with business success. That’s why in boom times and recessions, PPL has provided a return our shareowners can count on, paying a dividend for 255 consecutive quarters.
Our approach to doing business is geared for long-term success, and we are fortunate to have a talented, dedicated and caring workforce on two continents who accept the responsibility to be good stewards and responsible citizens in the one world we all share.
James H. Miller Chairman, President and Chief Executive Officer PPL Corporation October 2009 |