8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 19, 2017

Commission FileNumber	Registrant; State of Incorporation; Address and Telephone Number	IRS EmployerIdentification No.
1-11459	PPL Corporation  (Exact name of Registrant as specified in its charter) (Pennsylvania) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	23-2758192
333-173665	LG&E and KU Energy LLC (Exact name of Registrant as specified in its charter) (Kentucky) 220 West Main Street Louisville, KY 40202-1377 (502) 627-2000	20-0523163
1-2893	Louisville Gas and Electric Company (Exact name of Registrant as specified in its charter) (Kentucky) 220 West Main Street Louisville, KY 40202-1377 (502) 627-2000	61-0264150
1-3464	Kentucky Utilities Company (Exact name of Registrant as specified in its charter) (Kentucky and Virginia) One Quality Street Lexington, KY 40507-1462 (502) 627-2000	61-0247570

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 7 - Regulation FD

Item 7.01 Regulation FD Disclosure

In connection with the announcement reported below, PPL Corporation has reaffirmed its previously announced 2017 earnings forecast of $2.05 to $2.25 per share, with a midpoint of $2.15 per share, and projected compound annual earnings per share growth rate of 5% to 6% from 2017 through 2020.

Section 8 - Other Events

Item 8.01 Other Events

On April 19, 2017, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU" and, together with LG&E, the "Companies") issued a press release announcing that they have entered into an agreement with the majority of the intervenors in their proceedings commenced in November 2016 before the Kentucky Public Service Commission ("KPSC") regarding increases in base electricity rates at LG&E and KU and base gas rates at LG&E.

The proposed agreement provides for increases in the annual revenue requirements associated with LG&E and KU base electricity rates of $59.4 million and $54.9 million, respectively, and with LG&E base gas rates of $7.5 million. The proposal includes an authorized 9.75% return on equity in such base rate calculations. As part of the proposed agreement, the Companies will agree to withdraw their current request for a Certificate of Public Convenience and Necessity ("CPCN") regarding full deployment of advanced meters, but continue to request a CPCN for substation automation and continue to propose certain gas line replacement projects.

A hearing on the agreement, and any remaining issues in the proceedings, is scheduled for May 9, 2017. The agreement is subject to KPSC review and action. Subject to such steps, the changed rates may become effective on July 1, 2017.

The proceedings are designated as KPSC Case No. 2016-00370 for KU and Case No. 2016-00371 for LG&E.

The Companies cannot predict the outcome of these proceedings.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(a)	Exhibits
	99.1 -	Press Release dated April 19, 2017 of Louisville Gas and Electric Company and Kentucky Utilities Company.

Statements in this report regarding future events and their timing, including the Companies' requested rate increases, future rates, rate mechanisms or returns on equity, as well as statements as to future costs or expenses, regulation, corporate strategy and performance, are "forward-looking statements" within the meaning of the federal securities laws.  Although the Companies believe that the expectations and assumptions reflected in these forward-

looking statements are reasonable, these expectations, assumptions and statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements.  The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: subsequent phases of rate proceedings and regulatory cost recovery; market demand and prices for electricity; political, regulatory or economic conditions in states and regions where the Companies conduct business; and the progress of actual construction, purchase or installation of assets or operations subject to tracker mechanisms.  Any such forward-looking statements should be considered in light of such important factors and in conjunction with PPL Corporation's, LG&E and KU Energy LLC's and the Companies' Form 10-K and other reports on file with the Securities and Exchange Commission.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

PPL CORPORATION
By:	/s/ Stephen K. Breininger
	Stephen K. Breininger Vice President and Controller

LG&E AND KU ENERGY LLC
By:	/s/ Kent W. Blake
	Kent W. Blake Chief Financial Officer

LOUISVILLE GAS AND ELECTRIC COMPANY
By:	/s/ Kent W. Blake
	Kent W. Blake Chief Financial Officer

KENTUCKY UTILITIES COMPANY
By:	/s/ Kent W. Blake
	Kent W. Blake Chief Financial Officer

Dated:  April 19, 2017

EX-99.1

	Exhibit 99.1
	LG&E and KU Energy LLC
Press Release April 19, 2017	220 West Main Street Louisville, Kentucky 40202 www.lge-ku.com Contact: Media Line T 502-627-4999 F 502-627-3629

LG&E, KU and Parties to Utilities' Rate Review Reach Agreement

Recommendation allows for investments in safe, reliable service

(LOUISVILLE, Ky.) — Louisville Gas and Electric Company, Kentucky Utilities Company and most parties to the utilities' rate review have reached an agreement filed with the Kentucky Public Service Commission today.

The agreement, which is subject to approval by the KPSC, gives Louisville Gas and Electric Company and Kentucky Utilities Company the ability to invest in intelligent control equipment that will enhance reliability and enable faster restoration of service. It also will give LG&E the ability to improve natural gas safety and reliability by replacing aging natural gas service steel lines —that run from the street to customers’ homes — with new plastic lines.

Additionally, the utilities have committed $1.45 million of shareholder dollars annually for the next four years to low-income advocacy groups that will be used to support the utilities’ most vulnerable customers.

The utilities also have agreed to withdraw their current plans for full deployment of advanced meters (AMS) that help customers better manage their energy use and allow the utilities the ability to know when customers’ service is out. LG&E and KU will continue their voluntary advanced meter program and form an AMS collaborative of interested parties from the existing rate review to address issues raised by the parties with respect to LG&E and KU’s proposal.

If approved by the KPSC, KU would receive a revenue increase of $54.9 million. LG&E would see an electric revenue increase of $59.4 million, and the natural gas business would see an increase of $7.5 million.

A KU residential customer using an average of 1,179 kilowatt hours per month would see an increase of $4.21 per month. An LG&E residential electric customer using an average of 957 kWh per month would see a total monthly increase of $6.77. A residential LG&E natural gas customer using an average of 55 Ccf per month would see a total monthly increase of $1.47.

According to the agreement, the monthly electric basic service charge for LG&E and KU, included in the increase above, would be $11.50 beginning July 1, 2017, and $12.25 beginning July 1, 2018, respectively. LG&E’s monthly natural gas basic service charge would be $16.35 beginning July 1, 2017, and remain the same until a future rate review.

"There were a large number of parties with different interests involved in this case and we are pleased to have reached a settlement that benefits our customers and their constituent groups," said Kent Blake, LG&E and KU chief financial officer. "The agreement gives us the ability to enhance our reliability and continue providing safe and reliable service to our customers while meeting the needs of the parties to this case."

The public hearing on the rate review is scheduled to begin May 9 at the KPSC offices in Frankfort.

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Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve nearly 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 324,000 natural gas and 407,000 electric customers in Louisville and 16 surrounding counties. KU serves 549,000 customers in 77 Kentucky counties and five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.