PPL, formerly known as PP&L or Pennsylvania Power and Light, was created in 1920 through the merger of eight Pennsylvania utilities.
Until the 1990’s the company focused its activities in central and northeastern Pennsylvania. The industry was deregulated in the 1990’s and PPL began to expand to other states.
Today PPL’s subsidiaries include PPL Electric Utilities, PPL Energy Plus, PPL Generation, Louisville Gas and Electric (LG&E), Kentucky Utilities (KU Energy), PPL Global, and Western Power Distribution.
PPL distributes electricity to 10.5 million customers, has 19,000 MW of generating capacity, and sells energy wholesale in the U.S.
PPL trades publicly on the New York Stock Exchange under the ticker symbol PPL, is a member of the S&P 500, is #300 in the Fortune 500, has over 18,100 employees, had $10.05 billion in revenue in 2013.
PPLPPL, formerly known as PP&L or Pennsylvania Power and Light, was created in 1920 through the merger of eight Pennsylvania utilities.
Until the 1990’s the company focused its activities in central and northeastern Pennsylvania. The industry was deregulated in the 1990’s and PPL began to expand to other states.
Today PPL’s subsidiaries include PPL Electric Utilities, PPL Energy Plus, PPL Generation, Louisville Gas and Electric (LG&E), Kentucky Utilities (KU Energy), PPL Global, and Western Power Distribution.
History
PPL distributes electricity to 10.5 million customers, has 19,000 MW of generating capacity, and sells energy wholesale in the U.S.
PPL trades publicly on the New York Stock Exchange under the ticker symbol PPL, is a member of the S&P 500, is #300 in the Fortune 500, has over 18,100 employees, had $10.05 billion in revenue in 2013.
