PPL Electric Utilities making necessary investments to strengthen and modernize infrastructure and expand services and support for customers
PPL Electric Utilities (NYSE:PPL) has filed its first distribution base rate request in 10 years to fund critical infrastructure investments. The company is seeking a $356 million distribution base rate revenue increase, representing an 8.6% increase in total annual revenue. The net increase requested is just over $300 million, as $50 million is already reflected in customer bills.
If approved, residential customers using 1,000 kWh/month would see an increase of $13 monthly, while typical commercial and industrial customers would experience increases of $8 and $514 per month, respectively. The new rates would take effect on July 1, 2026.
The investment will support grid modernization, weather resilience improvements, and enhanced customer service systems. PPL Electric has maintained operating expenses 25% below inflation since 2015, with only a 7.4% nominal increase in operating and maintenance expenses.
PPL Electric Utilities (NYSE:PPL) ha presentato la sua prima richiesta di base di tariffa di distribuzione in 10 anni per finanziare investimenti infrastrutturali critici. L'azienda cerca un incremento di ricavo di base di distribuzione di $356 milioni, pari all'8,6% dei ricavi annui totali. L'aumento netto richiesto è poco oltre $300 milioni, poiché $50 milioni sono già riflessi nelle bollette dei clienti.
Se approvata, i clienti residenziali che utilizzano 1.000 kWh/mese vedrebbero un aumento di $13 al mese, mentre i tipici clienti commerciali e industriali registrerebbero aumenti di $8 e $514 al mese, rispettivamente. Le nuove tariffe entrerebbero in vigore il 1 luglio 2026.
L'investimento sosterrà la modernizzazione della rete, miglioramenti della resilienza alle condizioni meteorologiche e sistemi migliorati di servizio al cliente. PPL Electric ha mantenuto le spese operative inferiori del 25% all'inflazione dal 2015, con solo un aumento nominale del 7,4% delle spese operative e di manutenzione.
PPL Electric Utilities (NYSE:PPL) ha presentado su primera solicitud de base de tarifa de distribución en 10 años para financiar inversiones críticas en infraestructura. La empresa busca un incremento de ingresos de base de distribución de $356 millones, lo que representa un aumento del 8,6% en los ingresos anuales totales. El aumento neto solicitado es de poco más de $300 millones, ya que $50 millones ya están reflejados en las facturas de los clientes.
Si se aprueba, los clientes residenciales que consumen 1,000 kWh/mes verían un aumento de $13 mensuales, mientras que los clientes comerciales e industriales típicos experimentarían aumentos de $8 y $514 al mes, respectivamente. Las nuevas tarifas entrarían en vigor el 1 de julio de 2026.
La inversión respaldará la modernización de la red, mejoras de resiliencia ante el clima y sistemas de servicio al cliente mejorados. PPL Electric ha mantenido sus gastos operativos un 25% por debajo de la inflación desde 2015, con solo un aumento nominal del 7,4% en los gastos de operación y mantenimiento.
PPL Electric Utilities (NYSE:PPL)는 중요한 인프라 투자 자금을 조달하기 위해 10년 만에 첫 분배 기본 요금 요청을 제출했습니다. 회사는 $356백만의 분배 기본 요금 수익 증가를 추구하고 있으며, 이는 연간 총매출의 8.6% 증가를 나타냅니다. 순증액은 $300백만을 조금 넘으며, 이미 고객 요금에 $50백만이 반영되어 있습니다.
승인되면 월 1,000 kWh를 사용하는 가정용 고객은 월 $13의 증가를 보게 되고, 일반 상업 및 산업 고객은 각각 $8 및 $514의 증가를 경험하게 됩니다. 새로운 요금은 2026년 7월 1일에 발효됩니다.
투자는 그리드 현대화, 기상 변화에 대한 회복력 개선, 향상된 고객 서비스 시스템을 지원합니다. PPL Electric은 2015년 이후 인플레이션보다 25% 낮은 운영 비용을 유지해 왔으며, 운영 및 유지비의 명목상 증가도 7.4%에 불가했습니다.
PPL Electric Utilities (NYSE:PPL) a déposé sa première demande de tarification de base de distribution en 10 ans pour financer des investissements d'infrastructure critiques. L'entreprise recherche une augmentation de revenus de base de distribution de $356 millions, représentant une hausse de 8,6% du revenu annuel total. L'augmentation nette demandée est légèrement supérieure à $300 millions, car $50 millions figurent déjà sur les factures des clients.
Si elle est approuvée, les clients résidentiels qui utilisent 1 000 kWh/mois verraient une hausse de $13 par mois, tandis que les clients commerciaux et industriels typiques connaîtraient des augmentations de $8 et $514 par mois, respectivement. Les nouveaux tarifs entreront en vigueur le 1er juillet 2026.
L'investissement soutiendra la modernisation du réseau, les améliorations de la résilience face aux intempéries et des systèmes de service client améliorés. PPL Electric a maintenu ses dépenses opérationnelles à 25% en dessous de l'inflation depuis 2015, avec une seule augmentation nominale de 7,4% des dépenses d'exploitation et de maintenance.
PPL Electric Utilities (NYSE:PPL) hat seine erste Netzdienstleistungsbasis-Tarifantragstellung seit zehn Jahren eingereicht, um wichtige Infrastrukturinvestitionen zu finanzieren. Das Unternehmen strebt eine Erhöhung der Basis-Einnahmen aus Verteilungsdienstleistungen um $356 Millionen an, was einer Steigerung der gesamten jährlichen Einnahmen um 8,6% entspricht. Die Nettosteigerung beträgt etwas über $300 Millionen, da $50 Millionen bereits in den Kundenrechnungen enthalten sind.
Wird sie genehmigt, würden Haushalte, die 1.000 kWh/Monat nutzen, eine monatliche Erhöhung von $13 sehen, während typische gewerbliche und industrielle Kunden Zuwächse von $8 bzw. $514 pro Monat erfahren würden. Die neuen Tarife würden am 1. Juli 2026 in Kraft treten.
Die Investition wird die Netzüberholung, Verbesserungen der Wetterresilienz und verbesserte Kundendienstsysteme unterstützen. PPL Electric hat die Betriebskosten seit 2015 um 25% unter der Inflation gehalten, mit nur einer nominalen Steigerung der Betriebskosten und Wartung von 7,4%.
PPL Electric Utilities (NYSE:PPL) قدمت أول طلب لسعر أساسي للتوزيع خلال 10 سنوات لتمويل استثمارات بنية تحتية حيوية. تسعى الشركة لزيادة إيرادات سعر التوزيع الأساسي بمقدار $356 مليون، وهو ما يمثل زيادة بنسبة 8.6% في الإيرادات السنوية الإجمالية. الزيادة الصافية المطلوبة تزيد قليلاً عن $300 مليون، حيث أن $50 مليون مذكورة بالفعل في فواتير العملاء.
إذا تمت الموافقة، سيشهد العملاء السكنيون الذين يستهلكون 1,000 كيلووات/ساعة شهريًا زيادة قدرها $13 شهريًا، بينما سيشهد العملاء التجاريون والصناعيون النموذجيون زيادات قدرها $8 و $514 شهريًا، على التوالي. ستدخل التعريفة الجديدة حيز التنفيذ في 1 يوليو 2026.
سيعزز الاستثمار تحديث الشبكة، وتحسين مرونة الطقس، وأنظمة خدمة عملاء مطورة. حافظت PPL Electric على نفقات التشغيل أقل بنسبة 25% من معدل التضخم منذ 2015، مع زيادة اسمية في مصاريف التشغيل والصيانة بمقدار 7.4%.
PPL Electric Utilities (NYSE:PPL) 已提交自10年以来的第一份分配基准费率请求，以资助关键基础设施投资。该公司寻求 $356 百万的分配基准费收入增长，代表年度总收入的 8.6% 增长。申请的净增额略超过 $300 百万，因为 $50 百万 已在客户账单中反映。
如果获得批准，使用每月1,000 kWh 的住户客户将看到每月增加 $13，而典型的商业和工业客户将分别经历每月 $8 和 $514 的增幅。新费率将于 2026年7月1日 生效。
该投资将支持电网现代化、天气韧性提升以及改进的客户服务系统。自2015年以来，PPL Electric 的运营开支一直 低于通胀25%，运营与维护费用的名义增幅仅为 7.4%。
- First base rate increase request in 10 years, demonstrating long-term cost control
- Operating expenses maintained 25% below inflation since 2015
- Smart grid technology has prevented over 3 million outages
- Successfully prevented over 500,000 power outages in current year
- Assisted more than 100,000 customers through support programs in 2024
- 8.6% increase in total annual revenue required
- Significant rate increases for all customer segments
- Industrial customers face substantial $514 monthly increase
- Rising maintenance costs for extensive infrastructure (47,000 miles of lines, 1 million poles)
Insights
PPL seeks first rate hike in 10 years to fund grid modernization amid rising maintenance costs and weather challenges.
PPL Electric Utilities has filed its first distribution base rate request in a decade, seeking approximately
The rate request focuses on three critical areas: strengthening infrastructure against increasingly severe weather events, expanding smart grid technologies that have already prevented 3 million outages, and improving customer service systems. For residential customers using 1,000 kWh monthly, this translates to approximately
What makes this filing particularly notable is its timing after a decade-long rate freeze during which PPL absorbed rising costs through operational efficiencies. The company's 47,000-mile distribution network faces mounting maintenance expenses amid escalating weather challenges. This regulatory filing represents a calculated shift from cost absorption to necessary investment-driven price adjustments.
The company's smart grid investments have already demonstrated substantial value, preventing over half a million outages in 2025 alone. This suggests PPL's capital deployment strategy focuses on technologies with measurable reliability improvements rather than simply maintaining aging infrastructure. The rate case will test regulators' willingness to approve forward-looking grid investments against consumer affordability concerns in Pennsylvania's competitive utility environment.
Company files regulatory rate request to enhance service reliability, improve resiliency and better meet customer needs today and in the future.
"We understand that rising costs of living and affordability matter to every family and business we serve, and we've been committed to keeping the costs we can control down. Over the past decade, we've deployed advanced technologies to operate more efficiently, invested responsibly in the grid and expanded assistance programs to support those who need help paying their energy bills. This commitment to efficiency has meant that PPL Electric Utilities' base distribution rates have not changed in the last 10 years, and, as a result, our customers have among the lowest distribution rates in the state," said Christine Martin, president of PPL Electric Utilities.
"To continue providing our customers with safe and reliable electric service, we need to make important investments in our system. With nearly 47,000 miles of distribution lines, 1 million poles, hundreds of substations, and thousands of pieces of equipment, costs are rising to maintain and upgrade these essential services. We're requesting a rate adjustment to support these necessary improvements and help ensure power stays on, especially as severe weather becomes more common," said Martin.
Supporting a stronger grid and continued customer value
The company's proposal requests funding to:
- Further strengthen and modernize the electric grid to better withstand severe weather events, minimize outages and protect against evolving cyber threats. Ongoing investments include comprehensive tree trimming and installing stronger poles and wire and equipment guards.
- Continue to implement next-generation smart grid technologies such as advanced automation to accelerate restoration times and reduce outages, and data analytics to inform smarter business decisions that deliver the greatest value for customers. The company's advanced smart grid has already helped avoid more than 3 million outages.
- Improve customer service systems and expand self-service options to offer more convenience and flexibility for customers, and reduce call wait times.
"In recent years, we have faced record-breaking storms in frequency and intensity," said Martin. "Thanks to our investments in a more resilient electric grid — like stronger infrastructure, enhanced vegetation management and advanced automation — our customers are experiencing fewer outages. We're proud to have prevented more than half a million power outages so far this year, but we know our work is not done. These necessary investments are vital to power the lives and communities we serve, and we're committed to keeping the lights on, continuing to operate as efficiently as possible and finding better ways to serve our customers every day."
Committed to supporting customers through change
PPL Electric's rate request includes a proposed distribution base rate revenue increase of approximately
The company's last distribution base rate change occurred on Jan. 1, 2016. Over the past 10 years, the company has worked to keep operating and maintenance expenses below the rate of inflation and has invested in the reliability and resiliency of the grid without asking customers to pay more through base rates. PPL Electric operating and maintenance expenses have increased by only
Pending regulatory approval, the requested change would add about
For a typical commercial customer using 1,000 kWh and 3 KW per month, the increase would be about
The requested increase would go directly toward strengthening reliability and improving customer service for PPL Electric's 1.5 million customers.
If approved, the company expects new rates would become effective on July 1, 2026.
PPL Electric remains committed to helping customers manage their bills and future rate changes, offering flexible payment options, energy-saving tools and programs for all households and businesses. In 2024, PPL Electric assisted more than 100,000 customers through support programs, ensuring families and individuals receive necessary aid.
Customers who may be struggling to pay their electric bills can visit pplelectric.com to learn more and access available resources.
For more information
PPL Electric's distribution rate request is different from the twice-annual Price to Compare rate changes, which involve energy supply charges. PPL Electric does not mark up or profit from energy supply charges.
PPL Electric remains committed to transparency and open communication. The rate review filing, including detailed supporting materials, is available on the company's website at pplelectric.com/RateInfo and through the Pennsylvania Public Utility Commission. Customers may contact the company toll-free at 1-800-342-5775.
About PPL Electric Utilities
PPL Electric Utilities delivers safe, reliable and affordable electricity to about 1.5 million homes and businesses in eastern and central
Note to Editors: Visit our media website at https://news.pplweb.com/ for additional news and background about PPL Corporation.
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For news media: Dana Burns, DNBurns@pplweb.com, 610-774-5409 |
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SOURCE PPL Electric Utilities
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