What am I missing?
Please someone correct me if I am missing something — PPL raised their rates in June 2022 by 38%, PPL raised their rates in December 2021, PPL authorized a buy-back of their stock of a billion dollars in 2021 at the high point in the stock market and this year cut their dividend in half. The unlucky investors who also get electricity from PPL are getting double crushed. As a residential, business, rental landlord customer and investor maybe someone can explain why the Public Utilities Commission let this go through.
Submitted by email