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PPL CORPORATION

(PPL)
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Delayed Nyse  -  04:00 2022-12-06 pm EST
29.30 USD   +0.76%
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PPL : Rhode Island Energy Reminds Customers to Always Call 811 Before Digging

08/10/2022 | 01:11pm EST

PROVIDENCE, RI (August 10, 2022) - August 11th is designated as National Safe Digging Day and Rhode Island Energy reminds our customers planning to dig, for any type of project, to first contact Dig Safe® to prevent damage to underground utilities. Every digging project, no matter how large or small, requires a call to Dig Safe at 811 or a visit digsafe.com to submit a request to mark the location of utility lines below the ground. Whether you're installing a deck or planting shrubs, doing it yourself or hiring a professional, state law requires that Dig Safe be notified before digging.

Knowing where underground utility lines are buried before you dig will help protect your family and your community. Striking a single underground utility line can result in injury, repair costs, fines and potential outages. Calling 811 helps avoid an incident that requires police, fire, or utility response.

"Safety is a top priority for Rhode Island Energy. Educating Rhode Islanders to call 811 before digging is critical to protecting our customers and the communities we serve," said Michele Leone, Vice President of Gas Operations at Rhode Island Energy.

Rhode Island state law requires you give Dig Safe at least 72-hour notice - not including weekends and holidays - before digging begins. A quick phone call to 811 or a visit to digsafe.com connects you to their local call center, which notifies the appropriate utility companies of your intent to dig. Professional locators then arrive at the digging site to mark the approximate locations of underground lines with flags, spray paint or both. The service is free of charge.

The utility marks should stay intact for the duration of the digging project. If the marks are compromised for any reason, call Dig Safe back at 811. In Rhode Island, your ticket expires if digging has not started before 30 days from the date of issue.

About Rhode Island Energy

Rhode Island Energy provides essential energy services to over 770,000 customers across Rhode Island through the delivery of electricity or natural gas. Our team is dedicated to helping Rhode Island customers and communities thrive, while supporting the transition to a cleaner energy future. Rhode Island Energy is part of the PPL Corporation (NYSE: PPL) family of companies addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information visit www.RIEnergy.com and stay connected on Twitter, Facebook, and Instagram.

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Disclaimer

PPL Corporation published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 17:10:03 UTC.


ę Publicnow 2022
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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 28,3x
Yield 2022 3,03%
Capitalization 21 574 M 21 574 M -
EV / Sales 2022 5,07x
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 29,30 $
Average target price 29,04 $
Spread / Average Target -0,90%
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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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