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On August 14, 2026, the Kentucky Public Service Commission issued an order in the base rate proceedings for Louisville…
PPLCUPPL Corp
On August 14, 2026, the Kentucky Public Service Commission issued an order in the base rate proceedings for Louisville Gas and Electric Company and Kentucky Utilities Company. The commission approved certain elements of the companies' rehearing requests, including regulatory asset recovery and updated cost estimates, while denying other aspects. These adjustments result in estimated annual revenue increases of approximately $4 million for LG&E and $3 million for KU above prior February 2026 orders. Revised rates are effective immediately. PPL Corporation reaffirmed its long-term earnings per share growth targets. The company operates in the electric utility industry, providing electricity and natural gas services to customers in Kentucky and Virginia.