PPL Electric means PPL Electric Utilities Corporation, a Pennsylvania corporation and a public utility subsidiary of PPL and former affiliate of Talen Energy engaged in the regulated transmission and distribution of electricity in its Pennsylvania service area and that provides electricity supply to its retail customers in this area.
At this time, PPL, PPL Energy Supply, PPL Electric, LKE, LG&E and KU cannot predict the impact of these court decisions on the FERC's future market-based rate authority program or on their businesses.
PPL Electric believes that "Pennsylvania Gross Delivery Margins" provides another criterion to make investment decisions.
PPL Electric continually focuses on maintaining an appropriate capital structure and liquidity position.
Similarly, the subsidiaries of PPL Energy Supply, PPL Electric and LKE are each separate legal entities.
LG&E, KU , PPL Electric and certain subsidiaries of PPL Energy Supply monitor their compliance with the Reliability Standards and continue to self-report potential violations of certain applicable reliability requirements and submit accompanying mitigation plans, as required.