Company Overview of PPL Electric Utilities Corporation
PPL Electric Utilities Corporation, a regulated public utility company, provides electricity transmission and distribution services to residential, commercial, and industrial customers in eastern and central Pennsylvania. The company delivered electricity to approximately 1.4 million customers in 29 counties. As of December 31, 2014, its transmission system included 43 substations with a total capacity of 23 million kilovolt ampere and 3,989 pole miles in service. Its distribution system consists of 352 substations; 37,211 circuit miles of overhead lines; and 8,320 underground cable miles. The company was founded in 1920 and is headquartered in Allentown, Pennsylvania. PPL Electric Utilities...
Two North Ninth Street
Allentown, PA 18101
Founded in 1920
Key Executives for PPL Electric Utilities Corporation
Director, Chief Executive Officer of PPL Corporation and President of PPL Corporation
Compensation as of Fiscal Year 2014.
PPL Electric Utilities Corporation Key Developments
Judge Dismisses Sunrise Energy's Claim on PPL Electric Utilities Corp
Mar 31 15
A federal judge in Pennsylvania on March 27 dismissed a solar developer's claim that PPL Corp. subsidiary PPL Electric Utilities Corp. is illegally blocking grid access and the progress of three planned solar projects in the state. Sunrise Energy LLC claimed in a lawsuit filed in May 2014 that PPL Electric violated the state's Alternative Energy Portfolio Standards Act by denying and deferring its applications to connect its solar panels to PPL's power grid. Sunrise Energy said that PPL Electric's 'denials and inaction' with respect to the net-metering applications for three planned solar projects are 'unlawful and unauthorized'. PPL, in its motion to dismiss filed in June 2014, said that Sunrise's real dispute is with regulations proposed by the Pennsylvania Public Utility Commission that allow net metering for customer-generators and not merchant generators. The program allows electric customers to use the power they generate through alternative energy sources to offset their electricity costs, as well as sell excess electricity to the public utility on an annual basis. PPL said Sunrise filed its applications for net metering after the PUC proposed its regulations. PPL Electric denied the first application, but then filed a petition asking the PUC for guidance.
PPL Electric Utilities Corporation and PPL Interstate Energy Company Announce Applications Associated with PPL Spinoff Transaction Approved by Pennsylvania PUC
Mar 11 15
The Pennsylvania Public Utility Commission approved applications filed by PPL Electric Utilities Corporation and PPL Interstate Energy Company (IEC) for certain approvals associated with the proposal by PPL Corporation to spin off its competitive energy supply business and combine it with generation assets owned by Riverstone Holdings LLC affiliate RJS Power Holdings LLC to form a new independent power producer named Talen Energy. PUC approval was requested for two reasons. PPL Electric Utilities, which is regulated by the PUC, sought review and approval of certain changes in property rights and contracts. In addition, IEC, which operates a Pennsylvania pipeline that transports oil or natural gas to two PPL power plants in Northampton County, requested approval of a change in its ownership under the proposed transaction. The PUC has regulatory authority over the IEC pipeline. The spinoff transaction involving PPL and RJS Power Holdings was previously approved by the Federal Energy Regulatory Commission when the parties accepted FERC's market power mitigation requirements in January. The transaction also requires approval by the Nuclear Regulatory Commission and the U.S. Department of Justice. The transaction is expected to close in the second quarter of 2015.
PPL Electric Utilities Appoints Christopher Cardenas as Customer Services Vice President, Effective October 6, 2014
Sep 30 14
Christopher Cardenas, currently vice president-Customer Service Operations for Time Warner Cable Business Class, will become Customer Services vice president at PPL Electric Utilities, Effective October 6, 2014. Prior to his current position at Time Warner Cable, he served as director-Customer Service Operations for Comcast Cable Corp. in Memphis; director-measurement and data analysis in customer service operations for U.S. Cellular Corp. in Chicago; and director of business customer service at Sprint Nextel in Austin.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|