PPL Corp.'s subsidiary submits plans as part of price control review process

theflyonthewall.com

PPL Corporation's subsidiary in the United Kingdom completed a key milestone in that country's new price control review process by submitting detailed 8-year business plans for its four electricity distribution networks. The plans were filed with the Office of Gas and Electricity Markets, the agency that regulates electricity and natural gas markets in Great Britain. Ofgem's price control review process will determine base revenues for the four distribution networks for an 8-year period starting April 1, 2015.

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