PPL

As one of the largest investor-owned companies in the U.S. utility sector, PPL Corporation delivers on its promises to customers, investors, employees and the communities they serve. Their utilities – Western Power Distribution, Louisville Gas and Electric and Kentucky Utilities, and PPL Electric Utilities – provide an outstanding service experience for their customers, consistently ranking among the best in the U.S. and the U.K. Their stable earnings, secure dividend, solid management and high-quality assets represent an excellent low-risk opportunity for those looking to invest in the utility sector. For employees, the PPL family of companies offers the potential to grow in a wide range of exciting career opportunities. 

They are committed to providing essential energy services in extraordinary ways and they deliver. And they are a positive force in the cities and towns where they do business, providing support for programs that create jobs, donating millions to charitable organizations that improve the quality of life, and encouraging the generosity of employees who volunteer freely to help others.

1997: Pennsylvania Power & Light Company changes its name to PP&L, Inc.

2000: With over 12 000 employees and more than 10 million utility customers in the United States and U.K., PPL Corporation is a Fortune 500 company and one of the largest utility companies in the United States According to Forbes, it is considered one of the top 2000 largest public companies in the world.

2010: PPL completed the acquisition of two regulated utilities in Kentucky: Louisville Gas and Electric and Kentucky Utilities.

2011: PPL completed the acquisition of two regulated regional electricity distribution companies in the United Kingdom.

2014: On June 6, PPL announced it would divest its electrical generation facilities to a newly formed company, Talen Energy. Those hydroelectric facilities were sold to NorthWestern.

2015: On June 1, the Talen spinoff was completed, allowing PPL to concentrate on the transmission and distribution aspects of the electric utility business.

2020: PPL initiated a formal process to sell WPD in order to position PPL as a purely United States-focused energy company and create additional shareowner value.

2021: The sale of WPD was completed on June 14.

“To provide reliable, safe energy at a reasonable cost to our customers and best-in-sector returns to our shareowners.”

“We are driven by a determination to ensure that every single one of our customers has the electricity they count on. That’s why, as each new day begins and ends, we are there, providing the essential energy that powers our customers’ lives.”