Ofgem has adopted a price control regulatory framework with a balanced objective of enhancing and developing future electricity networks, controlling costs to customers and allowing DNOs, such as WPD's DNOs, to earn a fair return on their investments. This regulatory structure is focused on outputs and performance in contrast to traditional U.S. utility ratemaking that operates under a cost recovery model. Price controls are established based on long-term business plans developed by each DNO with substantial input from its stakeholders. To measure the outputs and performance, each DNO business plan includes incentive targets that allow for increases and/or reductions in revenues based on operational performance, which are intended to align returns with quality of service, innovation and customer satisfaction.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PPL Corporation • CEP Reserves, Inc. • LG&E and KU Energy LLC • Louisville Gas and Electric Company • PMDC International Holdings, Inc. • PPL Atlantic Holdings, LLC • PPL (Barbados) SRL • PPL Capital Funding, Inc. • PPL Electric Utilities Corporation • PPL Energy Funding Corporation ...
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
4 May 23
8-K
PPL reaffirms earnings forecast and growth projections following enactment of Kentucky Senate Bill 4
27 Mar 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
20 Mar 23
424B3
Prospectus supplement
17 Mar 23
424B2
Prospectus for primary offering
10 Mar 23
8-K
Other Events
10 Mar 23
FWP
Free writing prospectus
9 Mar 23
424B5
Prospectus supplement for primary offering
9 Mar 23
8-K
Regulation FD Disclosure
8 Mar 23
10-K
2021 FY
Annual report
17 Feb 23
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 304.00 mm | 304.00 mm | 304.00 mm | 304.00 mm | 304.00 mm | 304.00 mm |
Cash burn (monthly) | 11.00 mm | 372.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 89.60 mm | 3.03 bn | n/a | n/a | n/a | n/a |
Cash remaining | 214.40 mm | -2.73 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 19.5 | -7.3 | n/a | n/a | n/a | n/a |