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PPL CORPORATION

(PPL)
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Delayed Nyse  -  04:00 2022-12-01 pm EST
29.29 USD   -0.78%
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PPL Electric Utilities raises $129,000 with 28th annual Operation HELP golf tournament

09/16/2022 | 10:51am EST

ALLENTOWN, Pa. - PPL Electric Utilities has announced it has raised a record $129,000 through its 28th annual Operation HELP golf tournament. These funds will be applied to Operation HELP, a fuel fund that assists income-eligible PPL Electric customers struggling to pay their energy bills.

Operation HELP, which was established in 1983, is primarily supported by donations from PPL Electric, its employees, and customers, but the annual golf tournament has become its largest fund-raising event. This year's tournament - which was held on Sept. 15 at Olde Homestead Golf Club in New Tripoli - continued the yearly tradition after a record-breaking year in 2021.

'We're happy to host this annual event and raise funds for Operation HELP,' said PPL Electric Utilities Regulatory Programs Manager Jaclyn Baldwin. 'This program is just one of the many ways we continue to assist our customers in their times of need. Operation HELP - along with other programs - help those who are behind on their energy bill and provide them with ways to catch up.'

Since 1983, Operation HELP has contributed over $33 million in grants toward customer bills and has helped more than 110,000 families in need.

'Contributions from PPL Electric, its employees and customers, along with this annual golf tournament and its partners, help make this program a huge success,' Baldwin said. 'Operation HELP has been assisting customers for nearly 40 years and it will continue to do so well into the future.'

PPL Electric offers multiple bill assistance programs for eligible customers. These programs include: the OnTrack payment plan, budget billing, payment arrangements and even flexibility in choosing a bill due date. For more information on Operation HELP and all of PPL Electric's other bill help programs and opportunities, please visit pplelectric.com/billhelp.

PPL Electric Utilities delivers safe, reliable and affordable electricity to more than 1.4 million homes and businesses in eastern and central Pennsylvania. It regularly ranks among the country's best utility companies for reliability and customer satisfaction. PPL Electric Utilities is a major employer and an active supporter of the communities it serves. It is a part of the PPL Corporation (NYSE: PPL) family of companies. Visit pplelectric.com or connect on social media via Facebook, Twitter and Instagram for energy efficiency tips, bill help information, guidance on shopping for an electricity supplier, storm updates and more.

Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.

Contact:

Media

Russ Hryvnak

T: 570-807-2229

E: rhryvnak@pplweb.com

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2022 6 968 M - -
Net income 2022 763 M - -
Net Debt 2022 13 732 M - -
P/E ratio 2022 28,5x
Yield 2022 3,01%
Capitalization 21 736 M 21 736 M -
EV / Sales 2022 5,09x
EV / Sales 2023 4,88x
Nbr of Employees 5 607
Free-Float 95,5%
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 29,52 $
Average target price 29,04 $
Spread / Average Target -1,64%
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Managers and Directors
Vincent Sorgi President, Chief Executive Officer & Director
Joseph P. Bergstein Chief Financial Officer & Executive Vice President
Craig A. Rogerson Independent Chairman
W. Mark Brooks Chief Information Security Officer & VP
Gregory N. Dudkin Chief Operating Officer & Executive Vice President
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