Ofgem has adopted a price control regulatory framework with a balanced objective of enhancing and developing future electricity networks, controlling costs to customers and allowing DNOs, such as WPD's DNOs, to earn a fair return on their investments. This regulatory structure is focused on outputs and performance in contrast to traditional U.S. utility ratemaking that operates under a cost recovery model. Price controls are established based on long-term business plans developed by each DNO with substantial input from its stakeholders. To measure the outputs and performance, each DNO business plan includes incentive targets that allow for increases and/or reductions in revenues based on operational performance, which are intended to align returns with quality of service, innovation and customer satisfaction.
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Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PPL Corporation • CEP Reserves, Inc. • Kentucky Utilities Company • Louisville Gas and Electric Company • PMDC International Holdings, Inc. • PPL Atlantic Holdings, LLC • PPL (Barbados) SRL • PPL Capital Funding, Inc. • PPL Electric Utilities Corporation • PPL Energy Funding Corporation ...
Latest filings (excl ownership)
15-15D
Suspension of duty to report
9 Jul 21
8-K
Other Events
2 Jul 21
10-Q
2021 Q1
Quarterly report
6 May 21
8-K
Other Events
19 Apr 21
10-K
2019 FY
Annual report
18 Feb 21
POSASR
Automatic shelf registration (post-effective amendment)
17 Feb 21
8-K
Other Events
13 Nov 20
8-K
Regulation FD Disclosure
12 Nov 20
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
10 Aug 20
Latest ownership filings
No filings
Financial summary
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Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 422.00 mm | 422.00 mm | 422.00 mm | 422.00 mm | 422.00 mm | 422.00 mm |
Cash burn (monthly) | 7.00 mm | 26.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 257.77 mm | 966.65 mm | n/a | n/a | n/a | n/a |
Cash remaining | 164.23 mm | -544.65 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 23.5 | -20.7 | n/a | n/a | n/a | n/a |