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PPL CORPORATION

(PPL)
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Delayed Nyse  -  01:00 2022-11-25 pm EST
29.23 USD   +0.41%
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PPL Electric Utilities reminds customers to call 811 before digging

08/11/2022 | 10:22am EST

ALLENTOWN - PPL Electric Utilities is marking National 811 Day this Thursday, August 11 by reminding customers to call 811 prior to the start of any type of digging project.

Whether installing a deck, planting shrubs or taking on another project that involves digging, always call 811 in advance to make sure it's done safely. State law requires you to make that free 811 call if you're planning to dig with power equipment to make sure you aren't digging into power lines or other utilities.

While PPL Electric Utilities is sharing that important safety reminder for National 811 Day, it's important to make the call whenever a dig is planned. Law requires that that an 811 call be placed at least three business days prior to a dig. As an alternative to calling 811, you may also submit a request at pa1call.org.

It helps ensure that a professional locator crew visits the digging area and marks with spray paint, flags or other markers, all areas where underground utilities exist, whether they be power, water, sewer or gas lines. The locating service is free for customers.

The utility marks should stay intact for the duration of the digging project. If the marks are compromised for any reason, you should make another 811 call.

'Ensuring the safety of our customers and employees is always our priority,' said Doug Haupt, public safety supervisor for PPL Electric Utilities. 'Our customers have a variety of reasons to dig throughout the year and it's vitally important that they call 811 as the first step to any digging project. It's free, it's convenient, it will help keep everyone safe. Plus, it's the law.'

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.

Contact:

Patrick Lester

Tel: 610-774-5997

Email: pwlester@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 28,2x
Yield 2022 3,04%
Capitalization 21 523 M 21 523 M -
EV / Sales 2022 5,06x
EV / Sales 2023 4,85x
Nbr of Employees 5 607
Free-Float 95,5%
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 29,23 $
Average target price 29,04 $
Spread / Average Target -0,66%
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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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