PPLNewsroom

2010 Corporate Sustainability Report highlights PPL Corporation’s commitment to community, environment and safety

Thu, 23 Dec 2010 16:23:14 GMT

PPL Corporation (NYSE: PPL) on Thursday (12/23) published its 2010 Corporate Sustainability Report, which highlights the company’s commitment to environmental stewardship, public and employee safety, customer focus and corporate citizenship.

“Throughout its 90-year history, PPL has been a vital member of the communities we serve by providing world-class service in a cost-effective way, with an abiding sense... >> read more

Deadline nears for E-power renewable energy rebate program

Tue, 21 Dec 2010 15:36:57 GMT

PPL Electric Utilities provides $3.9 million to more than 1,000 customers for solar projects, ground-source heat pumps

The tremendous popularity of PPL Electric Utilities rebate programs for solar energy projects and ground-source heat pumps means available funding for those initiatives is nearly gone.

As a result, residential customers who installed a ground-source heat pump, and want to apply for a reb... >> read more

Senior banking executive named to PPL Corporation board

Mon, 20 Dec 2010 22:03:13 GMT

PPL Corporation (NYSE: PPL) announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011.

Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial officer, led a number of the company’s servicing businesses and, after the merger of The Bank of New York and Mellon, was co-head of... >> read more

PPL Electric Utilities plans new substation to serve east-central York County

Mon, 20 Dec 2010 16:51:32 GMT

PPL Electric Utilities will build a new substation and distribution line in Lower Windsor Township, York County, in 2011 to improve reliability for customers on the west side of the Susquehanna River.

The Red Front project will cost about $4.2 million.

“This new substation and 4-mile distribution line will provide an additional electricity source for about 3,350 PPL Electric Utilities customers in east-central York Count... >> read more

Annual meeting date set by PPL Corporation

Mon, 20 Dec 2010 15:38:46 GMT

PPL Corporation (NYSE: PPL) has set the date of the company’s annual meeting of shareowners for Wednesday, May 18, 2011, at the Zoellner Arts Center, 420 E. Packer Ave., on the campus of Lehigh University in Bethlehem, Pa. The meeting will begin at 10 a.m. EDT.

PPL Corporation, headquartered in Allentown, Pa., owns or controls about 19,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers electricity and natural gas to about 5.2 mil... >> read more

PPL completes sale of remaining hydroelectric assets in Maine to river restoration trust

Fri, 17 Dec 2010 23:30:48 GMT

PPL Corporation (NYSE: PPL) announced Friday (12/17) that it has completed the sale of its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust for approximately $24 million.

This sale culminates an agreement reached in 2004 by PPL and a coalition of environmental groups and governmental agencies to facilitate the removal or bypassing of the three generating facilities to restore runs of Atlantic salmon and other migratory fish t... >> read more

Pennsylvania Public Utility Commission approves PPL Electric Utilities rates for 2011

Thu, 16 Dec 2010 19:06:41 GMT

Total bills remain about the same; distribution increase to support delivery system improvements

Total electric bills will remain about the same beginning Jan. 1 for the typical residential customer who receives electric generation supply from PPL Electric Utilities.

The Pennsylvania Public Utility Commission on Thursday (12/16) approved the company’s rates for Jan. 1, 2011. For residential customers, they incl... >> read more

PPL Electric Utilities moves into new phase of Scranton transmission line rebuild project

Thu, 02 Dec 2010 21:44:48 GMT

PPL Electric Utilities said it is moving into a new phase of the transmission line replacement project in Scranton that began earlier this year. The company is in the midst of rebuilding three older transmission lines in the City of Scranton as part of an ongoing, longer-term regional plan to strengthen the aging electric infrastructure and ensure reliability for area customers.

The $7 million Stanton-Providence project began in April and will ... >> read more

PPL to pay quarterly stock dividends Jan. 3

Fri, 19 Nov 2010 14:40:12 GMT

PPL Corporation (NYSE: PPL) on Friday (11/19) declared a quarterly common stock dividend of $0.35 per share, payable Jan. 3, 2011, to shareowners of record as of Dec. 10, 2010. This is the company’s 260th consecutive quarterly dividend.

PPL Electric Utilities Corporation, a PPL subsidiary, on Friday also declared the following quarterly dividend on its preference stock, payable Jan. 3, 2011, to shareowners of record as of Dec. 10, 2010.

>> read more

PPL completes acquisition of two Kentucky utility companies

Mon, 01 Nov 2010 14:22:48 GMT

Transaction will benefit customers, shareowners and communities

PPL Corporation (NYSE: PPL) on Monday (11/1) completed its acquisition of Kentucky’s two major utilities, creating a larger and more diverse energy company that is well-positioned to continue delivering excellent service for customers, attractive returns for shareowners and solid benefits for the communities where it does business.

PPL acquired E.ON U.S. LLC, the parent company of Louisville Gas and Elec... >> read more