---
schema_version: "secwatch.filing_event.v1"
accession: "0000922224-26-000022"
form_type: "8-K"
ticker: "PPL"
cik: "0000922224"
company_name: "PPL Corp"
filed_at: "2026-03-24T23:59:59+00:00"
generated_at: "2026-05-15T09:18:41.679719+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FERC Order sets NETO base ROE at 9.57%; PPL says no material impact, reaffirms 2026 EPS $1.90-$1.98

## Summary
- FERC Opinion No. 594 sets base ROE for New England transmission owners at 9.57%, max with incentives 12.09%, retroactive to Oct 16, 2014.
- Order requires refunds with interest for certain periods; PPL subsidiary Rhode Island Energy affected.
- PPL evaluating next steps including possible appeal; does not expect material impact on operations or financial condition.
- PPL reaffirms 2026 EPS forecast $1.90-$1.98 and annual EPS growth target 6-8% CAGR through 2029.

## SEC filing metadata
- accession: 0000922224-26-000022
- form_type: 8-K
- ticker: PPL
- cik: 0000922224
- company_name: PPL Corp
- filed_at: 2026-03-24T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922224/000092222426000022/0000922224-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922224/000092222426000022/ppl-20260319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922224-26-000022
- JSON: https://secwatch.observer/filing/0000922224-26-000022.json
- Plain text: https://secwatch.observer/filing/0000922224-26-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.