regulatory
confidence high
sentiment positive
materiality 0.50
KPSC grants partial rehearing; LG&E and KU get ~$7M additional annual revenue
PPL Corp
- KPSC order on Aug 14, 2026 approves some rehearing requests in LG&E/KU base rate cases.
- LG&E annual electricity and gas revenues increase ~$4M; KU electricity revenues ~$3M above Feb 2026 order.
- Order allows pre-2026 Mill Creek Unit 2 stay-open costs in regulatory asset; denies other stipulation aspects.
- Revised rates effective for services on and after Aug 14, 2026; PPL reaffirms long-term EPS growth targets.