---
title: "PPL reports higher Q1 earnings as Pennsylvania approves new tariff"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286515999.md"
description: "PPL's Q1 ongoing earnings rose to $0.63 per share, driven by increased Kentucky rates and transmission revenues. Pennsylvania approved a new tariff for large power users to cover infrastructure costs. A proposed $275 million settlement may raise residential distribution rates by 4.9%, with a base rate freeze until 2028 and enhanced support for low-income programs."
datetime: "2026-05-15T06:11:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286515999.md)
  - [en](https://longbridge.com/en/news/286515999.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286515999.md)
---

# PPL reports higher Q1 earnings as Pennsylvania approves new tariff

Earnings rise: PPL's Q1 ongoing earnings increased to $0.63 per share, supported by higher Kentucky rates and transmission revenues, with 2026 guidance reaffirmed. New tariff rules: Pennsylvania approved a tariff requiring large power users like data centers to cover infrastructure costs and commit financial safeguards. Rate hike proposal: A $275 million settlement could raise residential distribution rates by 4.9%, with a base rate freeze until 2028 and more support for low-income programs.

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