01—Abstract
Summary
Summary of the 8-K filed March 6, 2026. Cited figures are marked; the original filing is the authoritative source.
PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, reached a non-unanimous settlement in principle on March 5, 2026 in its distribution rate case before the Pennsylvania Public Utility Commission (PUC).
The rate case was originally filed with the PUC on September 30, 2025. A letter advising the Administrative Law Judges of the agreement was posted to the docket on March 6, 2026. The proposed settlement is subject to PUC approval.
The settlement resolves all issues in the proceeding with broad agreement among active parties, though two parties expressed limited opposition specifically to the company's proposal concerning maximum registered peak load. Management believes the settlement supports continued investment in a safe, reliable and resilient electric system while maintaining a focus on customer affordability and service.
Details are to be made available after the Joint Petition for approval of the non-unanimous settlement is filed on March 10, 2026, and that petition remains subject to approval by the Administrative Law Judges. The company cannot predict the outcome of the proceeding but continues to anticipate a PUC ruling by the end of the second quarter of 2026.
02—Key points
Key Highlights
- PPL Electric Utilities reached a non-unanimous settlement in principle in its distribution rate case on March 5, 2026.
- The rate case was filed with the Pennsylvania PUC on September 30, 2025 (Docket Nos. R-2025-3057164, et al.).
- The settlement resolves all issues in the proceeding with broad agreement among active parties.
- Two parties expressed limited opposition, specifically regarding the company's proposal on maximum registered peak load.
- The Joint Petition for approval of the settlement is scheduled to be filed on March 10, 2026, with full details to follow.
- The settlement remains subject to approval by the PUC and the Administrative Law Judges.
- The company anticipates a PUC ruling by the end of the second quarter of 2026.
03—Questions
Frequently Asked Questions
What did PPL Electric Utilities agree to in this filing?
It reached a non-unanimous settlement in principle in its distribution rate case before the Pennsylvania Public Utility Commission, resolving all issues in the proceeding with broad agreement among active parties.
Who opposed the settlement, and on what issue?
Two parties expressed limited opposition, specifically related to the company's proposal concerning maximum registered peak load.
When will more details of the settlement be available?
Details will be made available after the Joint Petition for approval of the non-unanimous settlement is filed on March 10, 2026.
When is a final regulatory decision expected?
The company continues to anticipate a ruling from the PUC by the end of the second quarter of 2026, though it cannot predict the outcome.
Is the settlement final?
No. The proposed settlement is subject to approval by the PUC and the Administrative Law Judges presiding over the case.
04—Continue