# PPL Corporation

> PPL Corporation is a publicly traded U.S. energy holding company whose utilities supply electricity and natural gas to more than 3.6 million customers. Its operating businesses combine electric delivery in Pennsylvania, generation and utility service in Kentucky and Virginia, and electric and gas networks in Rhode Island. Grid automation, infrastructure investment and regulated cost recovery sit at the center of its strategy.

- **Founded:** 1920
- **Headquarters:** Allentown, United States
- **Products:** PPL Electric Utilities, Louisville Gas and Electric and Kentucky Utilities, Rhode Island Energy, Smart Grid automation, Customer energy tools
- **Notable:** PPL Electric reported more than 3 million avoided customer distribution outages and more than 650 million customer-minutes saved since 2015, as of August 2025., Completed $4.4 billion of infrastructure investment in 2025., Reported $170 million of annual run-rate operations and maintenance savings in 2025 against a 2021 baseline.

## Products & services

- **PPL Electric Utilities** — Regulated electricity transmission and distribution serving about 1.5 million homes and businesses in eastern and central Pennsylvania.
- **Louisville Gas and Electric and Kentucky Utilities** — Regulated electric generation, transmission and distribution, with natural gas service at LG&E; Kentucky Utilities also serves Virginia through Old Dominion Power.
- **Rhode Island Energy** — Electricity and natural gas delivery business acquired from National Grid in May 2022.
- **Smart Grid automation** — Sensors, communications and switching that locate faults, isolate affected equipment and restore service using available alternate paths; PPL Electric reports more than 3 million avoided customer outages since 2015.
- **Customer energy tools** — Operating-utility portals for bills, outage reports, service changes, energy efficiency and assistance programs.
- **Invitium Energy** — Development-stage generation joint venture owned 51% by PPL and 49% by Blackstone Infrastructure, targeting data centers under long-term energy supply services agreements.

## Achievements

- PPL Electric reported more than 3 million avoided customer distribution outages and more than 650 million customer-minutes saved since 2015, as of August 2025.
- Completed $4.4 billion of infrastructure investment in 2025.
- Reported $170 million of annual run-rate operations and maintenance savings in 2025 against a 2021 baseline.
- Reported 2025 GAAP net income of $1.181 billion.

## Latest updates

- **2026-09** — Selected for up to $71.5 million of DOE funding for the proposed 29.3-mile Montour transmission corridor modernization; award terms remain to be negotiated.
- **2026-09** — Proposed a Customer Protection Transmission Rider to allocate certain large-load transmission upgrade costs to those customers; if approved, expected in the first quarter of 2028.
- **2026-08** — Reported Q2 GAAP earnings of $230 million and non-GAAP ongoing earnings of $247 million; reaffirmed 2026 ongoing EPS guidance of $1.90-$1.98.
- **2026-08** — Reported 31.8 GW of Pennsylvania data-center projects in advanced planning, including over 11 GW under signed electric service agreements; these utility agreements are distinct from generation supply contracts for Invitium.
- **2026-02** — Introduced $23 billion capital plan for 2026-2029, excluding Invitium Energy investment and earnings.

## Links

- Website: https://www.pplweb.com/
- LinkedIn: https://www.linkedin.com/company/pplcorporation
- Twitter/X: https://twitter.com/PPLCorp
- YouTube: https://www.youtube.com/user/PPLCorporation
- Facebook: https://www.facebook.com/PPLCorp/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-22