Current Report Filing (8-k)
September 04 2015 - 2:28PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): September
3, 2015
Commission File
Number |
Registrant; State of Incorporation;
Address and Telephone Number |
IRS Employer
Identification No. |
|
|
|
1-11459 |
PPL Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA 18101-1179
(610) 774-5151 |
23-2758192 |
|
|
|
|
|
|
1-905 |
PPL Electric Utilities Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA 18101-1179
(610) 774-5151 |
23-0959590 |
|
|
|
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 - Other Events
Item 8.01 Other Events
On September 3, 2015, the Pennsylvania Public Utility Commission
("PUC") approved the Smart Meter Technology Procurement and Installation Plan ("SMP") submitted by PPL
Electric Utilities Corporation ("PPL Electric") in June 2014. Pursuant to the SMP, as approved by the PUC, PPL Electric
will replace all of its current meters with advanced meters that meet the requirements of Act 129 of 2008, which amended the Pennsylvania
Public Utility Code ("Act 129"). Act 129 requires installation of smart meters for new construction, upon the request
of customers and at their cost, or on a depreciation schedule not exceeding five years. Act 129 defined smart meter technology
as being capable of bidirectional communication that records electricity usage on at least an hourly basis, including related electric
distribution system upgrades. Full deployment of the new meters is expected to be completed by the end of 2019 at a total cost
of approximately $450 million, of which approximately $328 million is expected to be capital and all of which is expected to be
recovered through the smart meter rider previously approved by the PUC.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
|
PPL CORPORATION |
|
|
|
|
|
By: |
/s/ Stephen K. Breininger |
|
|
|
Stephen K. Breininger
Vice President and Controller |
|
|
PPL ELECTRIC UTILITIES CORPORATION |
|
|
|
|
|
By: |
/s/ Dennis A. Urban, Jr. |
|
|
|
Dennis A. Urban, Jr.
Controller |
|
Dated: September 4, 2015
PPL (NYSE:PPL)
Historical Stock Chart
From Aug 2024 to Sep 2024
PPL (NYSE:PPL)
Historical Stock Chart
From Sep 2023 to Sep 2024