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PPL Corporation and PPL Electric Utilities Joint Statement Regarding Governor Shapiro's Budget Address
PPL Corporation (NYSE: PPL) and PPL Electric Utilities (PPL Electric) today reaffirm its commitment to transparency, affordability and collaboration following Governor Shapiro's Budget Address. PPL Electric continues to take decisive action to manage rising energy costs, strengthen affordability and uphold its promise of transparency and accountability for all customers.
About this update from Ppl Corporation
[{"type":"text","content":"ALLENTOWN, Pa., Feb. 3, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) and PPL Electric Utilities (PPL Electric) today reaffirm its commitment to transparency, affordability and collaboration following Governor Shapiro's Budget Address. PPL Electric continues to take decisive action to manage rising energy costs, strengthen affordability and uphold its promise of transparency and accountability for all customers.","length":427,"tagName":"p"},{"type":"image","alt":"PPL logo (PRNewsfoto/PPL Corporation)","displaySize":"","headline":null,"caption":"PPL logo (PRNewsfoto/PPL Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":308,"url":"https://media.zenfs.com/en/prnewswire.com/1448beff38965128f61c8e25f3d8c27d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6rzVSjzUeKl89hbHHeSvhw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU0MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1448beff38965128f61c8e25f3d8c27d","width":400,"height":308}},"href":"https://mma.prnewswire.com/media/1811169/PPL_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"We appreciate Governor Shapiro's focus on affordability and are aligned with the goal of making electric service affordable for every Pennsylvanian. Our organization is also proud of the bold, strategic measures we have taken over the past decade to control costs, support our customers and deliver the reliable power that families and businesses count on.","length":360,"tagName":"p"},{"type":"text","content":"Ratemaking transparencyPPL Electric fully supports enhanced transparency in the regulatory process. In addition to full rate reviews, we are regularly subject to management audits and regular and robust reporting on our operations and quarterly earnings. We have nothing to hide, and we believe that open, clear regulatory proceedings help ensure strong public confidence in the state's utility regulatory process. The company is actively working with intervening parties to potentially reach a settlement in its pending rate review and supports looking for ways the parties and the public can better understand what's behind rate review settlements.","length":664,"tagName":"p"},{"type":"text","content":"Reforming retail marketsPPL Electric has long advocated for measures that protect customers from expensi...