-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PDhLKQpNn4OAdQP8CYAxonliJ6uAF66JSq8/jTYbuT88YVsyUelP++Ha0GcacMGM cBxsuIiPRz6y/YBYTWDl7A== 0000922224-03-000023.txt : 20030619 0000922224-03-000023.hdr.sgml : 20030619 20030619154253 ACCESSION NUMBER: 0000922224-03-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030619 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030619 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL CORP CENTRAL INDEX KEY: 0000922224 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 232758192 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 03750280 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 181011179 BUSINESS PHONE: 6107745151 MAIL ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PP&L RESOURCES INC DATE OF NAME CHANGE: 19941123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL ENERGY SUPPLY LLC CENTRAL INDEX KEY: 0001161976 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-74794 FILM NUMBER: 03750279 BUSINESS ADDRESS: STREET 1: TWO NORTH NINETH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 BUSINESS PHONE: 6107745151 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL ELECTRIC UTILITIES CORP CENTRAL INDEX KEY: 0000317187 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 230959590 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00905 FILM NUMBER: 03750278 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101 BUSINESS PHONE: 6107745151 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PP&L INC DATE OF NAME CHANGE: 19970912 FORMER COMPANY: FORMER CONFORMED NAME: PP & L INC DATE OF NAME CHANGE: 19970912 8-K 1 ppl8k6-19.htm PPL 8K 6/19/2003 PPL 8K Filed June 19, 2003

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): June 19, 2003

Commission File
Number

Registrant; State of Incorporation;
Address and Telephone Number

IRS Employer
Identification 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

333-74794

PPL Energy Supply, LLC
(Exact name of Registrant as specified in its charter)
(Delaware)
Two North Ninth Street
Allentown, PA 18101-1179
(610) 774-5151

23-3074920

1-905

PPL Electric Utilities Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA 18101-1179
(610) 774-5151

23-0959590

 

Item 5. Other Events

Results of Antitrust Investigations

        In June 2002, the Pennsylvania Public Utility Commission, in an investigation report, requested the U.S. Department of Justice - Antitrust Division (the "DOJ"), the Federal Energy Regulatory Commission (the "FERC") and the Pennsylvania Attorney General (the "PA AG") to investigate PPL EnergyPlus' wholesale marketing activities in the Pennsylvania-New Jersey-Maryland installed capacity market.

        The FERC already has completed two investigations and found no reason to take action against PPL. In June 2003, the DOJ confirmed that it has closed its investigation into this matter. Also in June 2003, the PA AG completed its antitrust investigation and determined that PPL did not violate antitrust or other laws in its market activities.

        Filed herewith and incorporated herein by reference as an exhibit is the press release issued by PPL Corporation relating to the results of these investigations.

Item 7. Financial Statements and Exhibits

        (c) Exhibits

              99.1 - Press Release, dated June 19, 2003, announcing results of antitrust investigations.

 

SIGNATURE

        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/ James E. Abel                          
James E. Abel
Vice President - Finance and Treasurer
   
 

PPL ENERGY SUPPLY, LLC

     
 

By:

/s/ James E. Abel                          
James E. Abel
Treasurer
   
 

PPL ELECTRIC UTILITIES CORPORATION

     
 

By:

/s/ James E. Abel                          
James E. Abel
Treasurer

Dated:   June 19, 2003

 EX-99 3 ppl8k6-19exh99_1.htm EXHIBIT 99.1 PPL 8K Exhibit 99.1

Exhibit 99.1

Contact:

Dan McCarthy, 610-774-5758
PPL Corporation
Two North Ninth St.
Allentown, Pa. 18101
Fax 610-774-5281
 
 
 
 

PPL: Agencies Clear Company's Actions in PJM Capacity Market

ALLENTOWN, Pa. (June 19, 2003) - The conclusion of investigations by Pennsylvania's Attorney General and the U.S. Justice Department have laid to rest allegations regarding the wholesale marketing actions of a PPL Corporation (NYSE: PPL) subsidiary.

"We are very pleased that these agencies have concluded, as we were confident they would, that PPL has done nothing wrong in this matter," said Paul T. Champagne, president of PPL EnergyPlus.

The Pennsylvania Public Utility Commission, in a report last June, asked the state Attorney General, the Justice Department and the Federal Energy Regulatory Commission to investigate PPL EnergyPlus' activities in the Pennsylvania-New Jersey-Maryland installed capacity market.

"All of our actions in the installed capacity market were legal and ethical," said Champagne. "We never withheld capacity from the market and PPL did not have an unfair competitive advantage."

In a letter to the PUC, Attorney General Mike Fisher said Wednesday that the company did not violate antitrust or other laws in its market activities. Fisher concluded that increases in demand resulting from PJM rules led to the spring 2001 price increases that prompted the PUC inquiry.

In a letter received by PPL Thursday, the Justice Department said that it has favorably concluded its investigation.

Previously, FERC had completed two investigations and found no reason to take action against PPL.

"With these allegations now behind us, we are confident that PPL will continue to be recognized as one of the most ethical and successful wholesale electricity marketing operations in the country," said Champagne.

PPL EnergyPlus markets electricity, most of which is produced by power plants operated by PPL Generation, an affiliated company.

PPL Corporation, headquartered in Allentown, Pa., controls about 11,500 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to customers in Pennsylvania, the United Kingdom and Latin America.

PPL EnergyPlus LLC is an unregulated subsidiary of PPL Corporation. PPL EnergyPlus is not the same company as PPL Electric Utilities or PPL Gas Utilities. The prices of PPL EnergyPlus are not regulated by the Pennsylvania Public Utility Commission. You do not have to buy PPL EnergyPlus electricity, natural gas or other products in order to receive the same quality regulated services from PPL Electric Utilities or PPL Gas Utilities.

 

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