Every 8-K that PPL Corporation Corporate Units (PPLC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PPLC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PPLC filings page.
PPL Corp (PPL), through its subsidiary The Narragansett Electric Company d/b/a Rhode Island Energy (RIE), received oral approval from the Rhode Island Public Utilities Commission for new base distribution rates in RIE’s November 2025 rate case. The decisions authorize annual revenue increases of $44.1 million for electric and $93.7 million for gas, a 9.275% return on equity, and a 48% debt / 52% equity capital structure. The approved rate changes take effect September 1, 2026.
The commission did not approve a proposed second rate year and addressed recovery and accounting for certain expenses, set new performance metrics and directed RIE to file a new tariff for extra-large electric loads by December 31, 2026. It also approved or accepted several settlement agreements with intervenors. All parties retain appeal rights, and PPL and RIE state they cannot predict the ultimate outcome.
On RIE’s Hold Harmless Commitment related to PPL’s May 2022 acquisition, the commission denied the original proposal but authorized an alternative that increases accelerated bill credits by about $11 million, bringing total credits to approximately $170 million for electric and gas customers from October 2026 through September 2027. PPL reaffirms its previously disclosed 2026 ongoing EPS forecast and long-term earnings growth targets.
PPL Corporation reported second-quarter 2026 GAAP net income of $230 million, or $0.30 per share, up from $183 million, or $0.25 per share, a year earlier. Earnings from ongoing operations (non-GAAP) were $247 million, or $0.33 per share, compared with $240 million, or $0.32 per share. For the first six months of 2026, GAAP earnings were $682 million, or $0.90 per share, and ongoing earnings were $725 million, or $0.96 per share.
Segment results showed regulated contributions of $0.18 per share from Kentucky, $0.17 from Pennsylvania, $0.01 from Rhode Island, partially offset by a Corporate and Other loss of $0.06 per share. PPL reaffirmed its 2026 earnings from ongoing operations forecast range of $1.90 to $1.98 per share, with a midpoint of $1.94, and reiterated its 6% to 8% annual EPS growth target through at least 2029.
The company highlighted economic-development-driven growth, estimating $10 billion to $12 billion of potential generation investment upside in Pennsylvania and Kentucky through 2032, including opportunities via its 51% Invitium Energy joint venture serving data centers. Management cited disciplined cost control, grid modernization and constructive regulation as key factors supporting its outlook.
PPL Corporation has elected veteran energy executive Kenneth M. Hartwick to its Board of Directors, effective July 1, 2026. He will serve on the Board’s People and Compensation Committee and Finance Committee and will receive the same compensation as other non-employee directors.
The Board determined that Hartwick meets its independence guidelines and the New York Stock Exchange independence rules. With his appointment, PPL’s Board will have 10 directors, including eight independent directors, an independent Chair and PPL’s president and chief executive officer.
Hartwick brings extensive utility and energy experience, including service as president and chief executive officer of Ontario Power Generation from 2019 to 2025, prior CFO and strategy roles there, and board roles at MYR Group Inc., Denison Mines Corp., the Independent Electricity System Operator of Ontario and the Investment Management Corporation of Ontario.
PPL Electric Utilities, a subsidiary of PPL Corporation, received approval to increase its annual base distribution revenue by approximately $275 million, effective July 1, 2026. The Pennsylvania Public Utility Commission approved a settlement that supports grid reliability investments and expanded customer assistance programs.
The decision will raise residential customer bills by 3.23%, including an estimated $6.48 per month increase for a typical 1,000 kWh residential bill. Commercial customers at 1,000 kWh / 3 kW will see a $4.08 monthly increase, and industrial customers at 150,000 kWh / 500 kW will see a $332.54 monthly increase.
The settlement creates a new large-load customer rate class with binding commitments of at least 10 years, helping ensure these users cover related infrastructure costs. Beginning in 2027, $11 million annually in low-income program assistance will be assigned to these large-load customers through a non-bypassable charge. PPL Electric will not increase base distribution rates for at least two years after implementation, marking its first base rate increase since 2016.
PPL Corporation reported that its wholly owned subsidiary, The Narragansett Electric Company (doing business as Rhode Island Energy), issued $400 million of 6.000% Senior Notes due May 15, 2056 in a private placement to qualified institutional buyers and certain non-U.S. persons under Regulation S. The notes are senior, unsecured obligations of the issuer, are not guaranteed by PPL or other subsidiaries, and pay interest semiannually each May 15 and November 15, starting November 15, 2026. Net proceeds were $396.3 million after discounts and commissions, and the issuer intends to use them to repay short-term debt incurred primarily for capital expenditures and general corporate purposes. The notes were issued under an existing base indenture and a seventh supplemental indenture that includes customary events of default and limited covenants, mainly restricting mergers, consolidations, or major asset sales.
PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, issued $500,000,000 of First Mortgage Bonds, 5.75% Series due May 15, 2056. The bonds were sold under an underwriting agreement with a syndicate led by MUFG Securities Americas, PNC Capital Markets, U.S. Bancorp Investments, and Wells Fargo Securities.
The bonds were issued under PPL Electric's 2001 Indenture, as supplemented, and are secured by a lien on substantially all of its distribution properties and certain transmission properties, subject to stated exceptions. PPL Electric plans to use the net proceeds to repay short-term debt and for general corporate purposes.
PPL Corporation reported results of its 2026 Annual Meeting of Shareowners held on May 13, 2026. Shareowners elected all nine director nominees, each receiving over 585 million votes in favor, with broker non-votes just over 69 million for each nominee.
Shareowners also approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with about 580,083,934 votes for and 18,747,637 against. They approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan, with 582,471,858 votes for, and ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 662,634,703 votes for.
PPL Corporation reported stronger first-quarter 2026 results and maintained its outlook. Revenue rose to $2.77 billion from $2.50 billion, and GAAP net income increased to $452 million, or $0.60 per share, up from $414 million, or $0.56 per share, a year earlier.
Non-GAAP earnings from ongoing operations were $478 million, or $0.63 per share, compared with $444 million, or $0.60 per share, in 2025. Kentucky drove most of the per-share improvement, while Pennsylvania and Rhode Island contributed steady ongoing earnings.
PPL reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share (midpoint $1.94) and its 6%–8% annual EPS growth target through at least 2029, expecting compound growth near the top of that range. Management highlighted plans for $5.1 billion of 2026 infrastructure investments, regulatory progress in Pennsylvania and Rhode Island, and continued build-out of new gas, solar and battery generation in Kentucky.
PPL Corporation reported that the Federal Energy Regulatory Commission issued Opinion No. 594 revising how returns on equity are set for New England transmission owners. The decision sets a 9.57% base ROE with incentives capped at 12.09%, retroactive to October 16, 2014, and orders refunds with interest for certain affected periods.
The ruling impacts Rhode Island Energy, PPL’s wholly owned utility subsidiary, and PPL is evaluating options, including a possible appeal coordinated with other New England transmission owners. PPL does not expect a material impact on its operations or financial condition and reaffirmed its 2026 earnings forecast of $1.90 to $1.98 per share and a 6% to 8% annual earnings per share growth target through at least 2029, with growth expected near the top of that range.
PPL Electric Utilities, a subsidiary of PPL Corporation, has filed a joint settlement petition with Pennsylvania regulators for its first electric distribution base rate increase since 2016. If approved, the settlement would raise annual base distribution revenues by about $275 million, below the original request of about $356 million.
The proposal is based on a future test year ending June 30, 2027, with new rates targeted to start July 1, 2026, and generally limits further base rate changes for two years after that date. It resets the Distribution System Improvement Charge to 0% and caps it at 5.0% of annual distribution revenues, and raises storm cost recovery in base rates for reportable storms to $32 million annually from $20 million via the Storm Damage Expense Rider.
The settlement backs capitalization of about $54 million of information technology upgrades and creates a new large-load LP-6 tariff for customers such as data centers, including long-term contract requirements, load guarantees and exit fees. This new class would contribute $11 million to residential low-income programs. Additional measures enhance customer assistance and low-income usage reduction programs. The agreement remains subject to Pennsylvania Public Utility Commission review, and it may be approved, denied or modified.