Search...
PPL Corp Subsidiary Requests Rate Increase
I'm PortAI, I can summarize articles.
PPL Corp's subsidiary, Rhode Island Energy, has filed for a rate increase with the Rhode Island PUC, proposing a two-year rate plan starting September 1, 2026. The plan aims to raise $180.7 million in the first year and $49.4 million in the second year, with funds allocated for infrastructure upgrades and customer service improvements. This may result in a typical residential electric bill increase of $7.78 per month.
On November 26, 2025, PPL Corp's subsidiary, Rhode Island Energy, filed for a rate increase with the Rhode Island PUC.
Key Highlights:
- RIE seeks a two-year rate plan effective September 1, 2026.
- First-year rate increase aims to raise $180.7 million in revenue.
- Second-year rate increase aims to raise $49.4 million in revenue.
- Proposal includes infrastructure upgrades and customer service improvements.
- Typical residential electric bill may rise by $7.78 per month.
Original SEC Filing: PPL Corp [ PPL ] - 8-K - Nov. 26, 2025
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments