Successful Infrastructure Investments
Executed $3.1 billion of planned infrastructure investments on time and on budget to strengthen grid reliability and resilience.
O&M Savings Achieved
Achieved the top end of cumulative annual O&M savings target of $130 million from a 2021 baseline.
Integration of Rhode Island Energy
Completed the integration of Rhode Island Energy into PPL, exiting the transition services agreement with National Grid.
Updated Growth Forecast
Announced 2025 ongoing earnings forecast range of $1.75 to $1.87 per share, representing 7% growth from the original 2024 forecast midpoint.
Increased Capital Plan
Refreshed capital plan includes $20 billion in expected infrastructure investments from 2025 through 2028.
Dividend Increase
Announced a quarterly common stock dividend of 27.25 cents per share, representing approximately a 6% increase.