PPL Electric files $356M rate request with PA PUC, seeks 11.3% ROE, effective July 2026

PPL ELECTRIC UTILITIES CORP

Requested annual base rate revenue increase of ~$356M (8.6% of total revenue) based on projected test year July 2026–June 2027.
Seeks authorized return-on-equity of 11.3%; ruling expected from PA PUC during Q2 2026.
Last distribution base rate change was Jan. 1, 2016; net increase request ~$300M after current bill credits.
Typical residential customer would see ~$13/month increase; PUC docket R-2025-3057164.
Investments target grid resiliency, smart grid tech, and customer service improvements.

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