Short answer
PPL Corporation (PPL) filed an 8-K current report with the SEC on March 13, 2026 reporting Item 8.01 (Other Events). PPL Electric rate settlement filed with PA PUC Mar 13; authorized revenue increase ~$275M vs. ~$356M requested: a $81M concession.
PPL Corporation 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- PPL Electric rate settlement filed with PA PUC Mar 13; authorized revenue increase ~$275M vs. ~$356M requested: a $81M concession
- New rates proposed effective July 1, 2026, pending PUC approval expected by end of Q2 2026; 2-year base rate freeze follows if approved
- Settlement resets DSIC to 0% (capped at 5% of distribution revenues), rolling existing eligible capital into base rates
- Storm cost recovery baseline raised from $20M to $32M annually, reducing earnings volatility from severe weather
- New LP-6 large load tariff (targeting data centers) includes exit fees, load guarantees, and rate base security obligations, protecting existing customers from cost-shifting
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