Utility CEO pay surges amid higher profits, customer struggles
April 21, 2026
Utilities saw poor customer outcomes, lowered standards as they gave CEOs raises
PPL Corporation is the parent holding company of PPL Electric, Louisville Gas and Electric Company, Kentucky Utilities Company, Narragansett Electric – sometimes referred to as Rhode Island Energy, and other subsidiaries. PPL Electric serves approximately 1.5 million customers in eastern and central Pennsylvania. Louisville Gas and Electric Company and Kentucky Utilities Company serve a combined 1.3 million customers in Kentucky and parts of Virginia. Rhode Island Energy serves 800,000 customers.