Louisville Gas & Electric Files 8-K

TL;DR

LG&E filed an 8-K, mostly financial docs. No major news.

AI Summary

On October 20, 2025, Louisville Gas & Electric Co. /KY/, a subsidiary of PPL Corp, filed an 8-K. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant disclosures detailed in the provided text.

Why It Matters

This 8-K filing from Louisville Gas & Electric Co. /KY/ serves as a routine update, primarily related to financial statements and exhibits, without indicating immediate operational or financial changes.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for financial statements and exhibits, indicating no unusual or high-risk events.

Key Numbers

• 20251020 — Filing Date (Date of the 8-K filing)

Key Players & Entities

• LOUISVILLE GAS & ELECTRIC CO /KY/ (company) — Filer
• PPL Corp (company) — Parent Company
• KENTUCKY UTILITIES CO (company) — Related Company
• 0000922224-25-000044 (document_id) — Accession Number

FAQ

Key Financial Figures

• $235 m — icity and gas revenues of approximately $235 million, comprising increases of $58 mill
• $58 million — y $235 million, comprising increases of $58 million and $132 million in electricity revenue
• $132 million — comprising increases of $58 million and $132 million in electricity revenues at LG&E and KU,
• $45 million — enues at LG&E and KU, respectively, and $45 million in gas revenues at LG&E. The agreement

Filing Documents

• ppl-20251020.htm (8-K) — 53KB
• ppl-10202025exhibit991.htm (EX-99.1) — 17KB
• image.jpg (GRAPHIC) — 6KB
• 0000922224-25-000044.txt ( ) — 292KB
• ppl-20251020.xsd (EX-101.SCH) — 6KB
• ppl-20251020_def.xml (EX-101.DEF) — 19KB
• ppl-20251020_lab.xml (EX-101.LAB) — 37KB
• ppl-20251020_pre.xml (EX-101.PRE) — 20KB
• ppl-20251020_htm.xml (XML) — 8KB

01 Other Events

Item 8.01 Other Events On October 20, 2025, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU", and collectively with LG&E, the "Companies") announced that they filed with the Kentucky Public Service Commission ("KPSC") a stipulation and recommendation (the "agreement") regarding a proposed resolution of issues with a majority of the intervenors in the Companies' proceedings commenced in May 2025 before the KPSC requesting increases in annual electricity and gas revenues and associated accounting matters. Under the agreement, the parties propose that the KPSC should issue orders granting a revised aggregate increase in annual electricity and gas revenues of approximately $235 million, comprising increases of $58 million and $132 million in electricity revenues at LG&E and KU, respectively, and $45 million in gas revenues at LG&E. The agreement proposes a revised authorized return on equity ("ROE") of 9.90%. The agreement proposes a "stay out" commitment from the Companies to refrain from effective base rate increases before August 1, 2028, subject to certain exceptions. In connection with the stay out period, the agreement also proposes the establishment of two new rate tracker mechanisms, a Generation Cost Recovery Adjustment Clause ("GCR") and a Sharing Mechanism Adjustment Clause ("SM"). The proposed GCR mechanism would provide the Companies' recovery, and return on investment of covered costs (excluding fuel amounts, which the Companies recover via an existing rate mechanism) of relevant new generation and energy storage assets planned by the Companies as they come into service. As proposed, the GCR would include projects previously approved in the Companies' prior 2022 Certificate of Public Convenience and Necessity ("CPCN") proceeding before the KPSC, such as the Mill Creek Unit 5 natural gas combined-cycle generating unit ("NGCC"), the Marion and Mercer County solar generating facilities and the E.W Brown battery energy

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release dated October 20, 2025 of Louisville Gas and Electric Company and Kentucky Utilities Company. 104 Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document). Cautionary Statement on Forward-Looking Statements

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PPL CORPORATION By: /s/ Marlene C. Beers Marlene C. Beers Vice President and Controller LOUISVILLE GAS AND ELECTRIC COMPANY By: /s/ Christopher M. Garrett Christopher M. Garrett Vice President-Finance and Accounting KENTUCKY UTILITIES COMPANY By: /s/ Christopher M. Garrett Christopher M. Garrett Vice President-Finance and Accounting Dated: October 20, 2025

View Full Filing

View this 8-K filing on SEC EDGAR