# EDGAR Filing Document

**Accession Number:** 0000922224
**File Stem:** 0000922224-26-000036
**Filing Date:** 2026-6
**Character Count:** 13953
**Document Hash:** cd53a6d869ffef455ce94384921d80c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000922224-26-000036.hdr.sgml**: 20260604

**ACCESSION NUMBER**: 0000922224-26-000036

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260604

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260604

**DATE AS OF CHANGE**: 20260604

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PPL Corp
- **CENTRAL INDEX KEY:** 0000922224
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 232758192
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11459
- **FILM NUMBER:** 261065272

**BUSINESS ADDRESS:**
- **STREET 1:** TWO N NINTH ST
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179
- **BUSINESS PHONE:** 610-774-5151

**MAIL ADDRESS:**
- **STREET 1:** TWO N NINTH ST
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PPL CORP
- **DATE OF NAME CHANGE:** 20000214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PP&L RESOURCES INC
- **DATE OF NAME CHANGE:** 19941123
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PPL ELECTRIC UTILITIES CORP
- **CENTRAL INDEX KEY:** 0000317187
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 230959590
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-00905
- **FILM NUMBER:** 261065271

**BUSINESS ADDRESS:**
- **STREET 1:** TWO NORTH NINTH STREET
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179
- **BUSINESS PHONE:** 610-774-5151

**MAIL ADDRESS:**
- **STREET 1:** TWO NORTH NINTH STREET
- **CITY:** ALLENTOWN
- **STATE:** PA
- **ZIP:** 18101-1179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PP&L INC
- **DATE OF NAME CHANGE:** 19970912

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PP & L INC
- **DATE OF NAME CHANGE:** 19970912

?xml version='1.0' encoding='ASCII'? ppl-20260604

**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): June 4, 2026

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Commission File<br><u>Number</u> | Registrant; <br>State of Incorporation;<br><u>Address and Telephone Number</u> | Registrant; <br>State of Incorporation;<br><u>Address and Telephone Number</u> | Registrant; <br>State of Incorporation;<br><u>Address and Telephone Number</u> | Registrant; <br>State of Incorporation;<br><u>Address and Telephone Number</u> | IRS Employer<br><u>Identification No.</u> |
| 1-11459 | **PPL Corporation** | **PPL Corporation** | **PPL Corporation** | **PPL Corporation** | 23-2758192 |
|  | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) |  |
|  | Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania |  |
|  | 645 Hamilton Street | 645 Hamilton Street | 645 Hamilton Street | 645 Hamilton Street |  |
|  | Allentown, | Allentown, | PA | 18101 |  |
|  | (610) | 774-5151 | 774-5151 | 774-5151 |  |
| 1-905 | **PPL Electric Utilities Corporation** | **PPL Electric Utilities Corporation** | **PPL Electric Utilities Corporation** | **PPL Electric Utilities Corporation** | 23-0959590 |
|  | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) | (Exact name of Registrant as specified in its charter) |  |
|  | Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania |  |
|  | 827 Hausman Road | 827 Hausman Road | 827 Hausman Road | 827 Hausman Road |  |
|  | Allentown, | Allentown, | PA | 18104-9392 |  |
|  | (610) | 774-5151 | 774-5151 | 774-5151 |  |

---

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))

------

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| <u>Title of each class</u> | <u>Trading Symbol:</u> | <u>Name of each exchange on which registered</u> |
| Common Stock of PPL Corporation | PPL | New York Stock Exchange |
| Junior Subordinated Notes of PPL Capital Funding, Inc. | | |
| &nbsp;&nbsp;&nbsp;2007 Series A due 2067 | PPL/67 | New York Stock Exchange |
| Corporate Units of PPL Corporation | PPLC | New York Stock Exchange |

---

---

| | |
|:---|:---|
| <br>Indicate by a check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | <br>Indicate by a check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
| ☐ | PPL Corporation |
| ☐ | PPL Electric Utilities Corporation |
| <br>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | <br>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
| ☐ | PPL Corporation |
| ☐ | PPL Electric Utilities Corporation |

---

------

**Section 8 - Other Events**

**Item 8.01 Other Events**

On June 4, 2026, PPL Electric Utilities Corporation ("PPL Electric"), a wholly owned subsidiary of PPL Corporation, issued a press release announcing that the Pennsylvania Public Utility Commission ("PUC") had approved the previously reported settlement agreement, with certain modifications, pursuant to which PPL Electric would be permitted to increase its annual base distribution revenue by approximately $275 million, effective July 1, 2026.

A copy of the press release is filed as Exhibit 99.1 hereto.

**Section 9 - Financial Statements and Exhibits**

**Item 9.01 Financial Statements and Exhibits**

---

| | | |
|:---|:---|:---|
| (d) | Exhibits | Exhibits |
|  | <u>[99.1 -](ppl-06042026exhibit991.htm)</u>  | Press release, dated June 4, 2026, announcing approval of settlement agreement among the parties concerning PPL Electric's request to increase base distribution revenue effective July 1, 2026. |
|  | 104 - | Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document). |

---

------

<u>SIGNATURES</u>

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| PPL CORPORATION | PPL CORPORATION |
| By: | /s/ Marlene C. Beers |
|  | Marlene C. Beers<br>Vice President and Controller |
| PPL ELECTRIC UTILITIES CORPORATION | PPL ELECTRIC UTILITIES CORPORATION |
| By: | /s/ Marlene C. Beers |
|  | Marlene C. Beers<br>Vice President and Controller |

---

Dated: June 4, 2026

## Exhibit 99.1

---

| | |
|:---|:---|
| Exhibit 99.1 | Exhibit 99.1 |
| news release | ![image.jpg](image.jpg) |
| www.pplnewsroom.com | ![image.jpg](image.jpg) |
| | ![image.jpg](image.jpg) |

---

Contacts: For news media: Dana Burns, dnburns@pplweb.com 610-774-5409<br>PPL Electric Utilities

**<u>Pennsylvania Public Utility Commission approves new distribution rates for PPL Electric Utilities prioritizing reliability, customer protections and long-term affordability</u>** 

**ALLENTOWN, Pa. (June 4, 2026)** – PPL Electric Utilities today announced that the Pennsylvania Public Utility Commission (PUC) has approved a settlement resolving the company's distribution rate review, supporting continued investment in a more reliable, resilient electric system while strengthening customer protections and affordability programs.

The approved settlement authorizes an increase of $275 million in annual base distribution revenues and reflects broad, collaborative agreement among customer advocates, environmental and business interests and other stakeholders. The PUC found the settlement to be in the public interest following a comprehensive review with a minor modification related to net metering eligibility.

"This decision reflects a thorough and rigorous review of the company's request and past performance," said Christine Martin, President of PPL Electric Utilities. "This strong outcome supports our commitment to deliver safe and reliable electric service to our customers. It enables us to continue making critical investments to strengthen reliability — helping reduce outages and operate more efficiently — while expanding protections and support for the customers and communities we serve."

**Strengthening reliability and customer support**

PPL Electric will make targeted investments to enhance system performance and resilience, including replacing aging infrastructure, expanding vegetation management, advancing smart grid technology and improving customer service systems. These investments are critical as the company responds to more frequent and severe weather.

The settlement also delivers meaningful support to customers — particularly those facing financial challenges — through expanded low-income assistance, enhanced screening for eligibility and no reconnection fees for income-eligible customers. PPL Electric will also continue offering flexible payment arrangements, energy-saving tools and programs to help customers better manage their bills.

**Protecting customers as demand grows** 

As part of the decision, the company has established a new large-load customer rate class designed to support system growth while protecting existing customers. The new rate class includes binding long-term financial and usage commitments, including a minimum 10-year requirement for large users such as data centers, helping ensure infrastructure costs are paid by the large load customers and not inappropriately shifted to other customers.

Beginning in 2027, $11 million annually in low-income program assistance will be assigned to these large-load customers through a non-bypassable charge, providing important assistance to residential customers who need support while reducing these costs for other residential customers.

------

"As electricity demand grows, our priority is to maintain reliability, transparency and fairness," Martin said. "These provisions ensure customers driving new infrastructure needs pay their share and existing customers are protected while supporting continued investment and economic growth."

**Implementation and customer impact** 

The decision will result in a 3.23% increase to residential customer bills. Bill changes based on estimated total bills as of July 1, 2026, are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Residential (1,000 kWh/month): $6.48 increase/month

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Commercial (1,000 kWh / 3 kW): $4.08 increase/month

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Industrial (150,000 kWh / 500 kW): $332.54 increase/month

As part of the decision, PPL Electric will not increase distribution base rates for at least two years following implementation. This marks the company's first base rate increase since 2016 and continues a longstanding focus on managing costs and providing the reliable electric service our customers depend on.

"We thank the Shapiro Administration for constructive engagement in our rate case and we share the Governor's focus on affordability as outlined in his recent statement of principles," said Martin. "While this rate case was settled prior to the Governor's letter, PPL Electric looks forward to engaging with the Governor's Special Counsel to fulfill the expectations of those principles in future rate case filings."

Customers can learn more about assistance programs, payment options and energy-saving resources at pplelectric.com.

To learn more about the filings visit pplelectric.com/rateinfo.

**About PPL Electric Utilities** 

PPL Electric Utilities delivers safe, reliable and affordable electricity to 1.5 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, X and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more.

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***Note to Editors: Visit our media website at https://news.pplweb.com/ for additional news and background about PPL Corporation.***

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