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EX-99.1 - EXHIBIT 99.1 - PPL Corpform8k_exhibit99-1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  November 19, 2015

 

Commission File

Number

Registrant; State of Incorporation;

Address and Telephone Number

IRS Employer

Identification No.

     
1-11459

PPL Corporation

(Exact name of Registrant as specified in its charter)

(Pennsylvania)

Two North Ninth Street

Allentown, PA  18101-1179

(610) 774-5151

23-2758192
     
     
1-905

PPL Electric Utilities Corporation

(Exact name of Registrant as specified in its charter)

(Pennsylvania)

Two North Ninth Street

Allentown, PA  18101-1179

(610) 774-5151

23-0959590
     

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Section 8 - Other Events

 

Item 8.01 Other Events

 

On November 19, 2015, PPL Electric Utilities Corporation ("PPL Electric"), a wholly owned subsidiary of PPL Corporation, issued a press release announcing that the Pennsylvania Public Utility Commission ("PUC") had approved the previously reported recommended decision of the PUC's Administrative Law Judge, approving the settlement agreement pursuant to which PPL Electric would be permitted to increase its annual distribution rates by $124 million, effective January 1, 2016.

 

A copy of the press release is filed as Exhibit 99.1 hereto.

 

Section 9 - Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits  

 

    99.1 - Press release, dated November 19, 2015, announcing approval of settlement agreement among the parties concerning PPL Electric's request to increase distribution rates effective January 1, 2016.

 

 

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

 

 

  PPL CORPORATION
       
  By: /s/ Stephen K. Breininger  
   

Stephen K. Breininger

Vice President and Controller

 

 

 

 

 

  PPL ELECTRIC UTILITIES CORPORATION
       
  By: /s/ Stephen K. Breininger  
   

Stephen K. Breininger

Vice President and Controller

 

 

 

Dated:  November 23, 2015