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Stock impact report

Kentucky regulator rejects smart meter plans from PPL utilities [Seeking Alpha]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Seeking Alpha
Kentucky's Public Service Commission rejects proposals by the state’s two largest electric utilities - Kentucky Utilities and Louisville Gas & Electric, both owned by PPL Corp. ( PPL ) - to install smart meters in homes across the state. The utilities had proposed installing ~1.3M smart meters over a three-year period at a cost of nearly $350M, which raised the hackles of the commissioners. Smart meters are considered foundational to many grid modernization efforts, but Kentucky's move follows similar rejections this year from regulators in Massachusetts and North Carolina. Click to subscribe to real-time analytics on PPL Now read: KENMARE RESOURCES LTD NEW 2018 Q2 - Results - Earnings Call Slides » Subscribe for full text news in your inbox Show less Read more
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