PPL(US:PPL)2025-06-26 08:28Financial Performance and Growth - PPL's year-end 2023 rate base was $25.4 billion[10] and market capitalization was $20.4 billion[10] - PPL projects annual EPS and dividend growth of 6% - 8% through at least 2027[11, 43] - PPL targets a total return proposition of 9% - 12%[13, 41] - PPL plans $14.3 billion in capital investments, driving average annual rate base growth of 6.3% through 2027[13] - PPL targets annual O&M savings of at least $175 million by 2026 from a 2021 baseline[13, 65] Regulatory and Operational Efficiency - Approximately 65% of PPL's capital plan is subject to contemporaneous recovery[41, 47] - PPL aims to reduce O&M expenses by an average of 2.5% per year[66] - PPL achieved $75 million in actual 2023 O&M savings[66] - PPL's Pennsylvania segment's 2023 rate base is $9.8 billion, with 44% in electric transmission and 56% in electric distribution[86, 87] - PPL's Rhode Island segment's 2023 rate base is $3.7 billion, with 32% in electric distribution, 27% in gas LDC operations, and 41% in electric transmission[110] - PPL's Kentucky segment's 2023 rate base is $11.9 billion, with 51% in electric generation, 25% in gas LDC operations, 14% in electric distribution, and 10% in electric transmission[139, 140]