PPL Rate Case And Data Center Project Test Regulatory Support [Yahoo! Finance]
Dominion Energy, Inc. (D)
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Source: Yahoo! Finance
PPL (NYSE:PPL) has requested approval for an electric distribution rate increase that could change monthly bills for residential customers in Pennsylvania. The proposal is under review by the Pennsylvania Public Utility Commission, with public input expected to shape the outcome. PPL is also seeking approval to build new high-voltage transmission lines to serve a large data center, raising questions about how costs are shared across customers. PPL, trading at $36.31, operates in the regulated utilities space, where regulatory decisions can be just as important as quarterly results. The stock is up 12.0% over the past year and 57.7% over the past five years, which gives investors a recent track record to weigh against the current regulatory overhang. These rate and transmission filings add another layer for anyone tracking the risk and return profile of NYSE:PPL. For investors, the key issues to watch are how regulators balance reliability needs, data center growth and bill im
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Sec Filings
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