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. • Kentucky Utilities Company • LG&E and KU Capital LLC • LG&E and KU Energy LLC • PPL Capital Funding, Inc. • PPL Electric Utilities Corporation • PPL Energy Funding Corporation • PPL Energy Holdings, LLC • PPL Rhode Island Holdings, LLC ...
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
2 Aug 24
10-Q
2022 Q3
Quarterly report
1 May 24
S-3ASR
Automatic shelf registration
16 Feb 24
10-K
2021 FY
Annual report
16 Feb 24
8-K
Other Events
8 Dec 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
6 Dec 23
8-K
Regulation FD Disclosure
7 Nov 23
10-Q
2022 Q3
Quarterly report
2 Nov 23
10-Q
2022 Q3
Quarterly report
4 Aug 23
10-Q
2022 Q3
Quarterly report
4 May 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm | 321.00 mm |
Cash burn (monthly) | 20.33 mm | 11.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 116.21 mm | 66.68 mm | n/a | n/a | n/a | n/a |
Cash remaining | 204.79 mm | 254.32 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.1 | 21.8 | n/a | n/a | n/a | n/a |