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):  January 3, 2007

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
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

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

On January 3, 2007, PPL Corporation (“PPL”) and PPL Electric Utilities Corporation (“PPL Electric”) issued a press release announcing the retirement for health reasons of John F. Sipics, who had been serving as PPL Electric’s President and as a member of its Board of Directors. The effective date of Mr. Sipics’ resignation in both capacities was January 1, 2007. William H. Spence, PPL’s Executive Vice President and Chief Operating Officer and a member of PPL Electric’s Board of Directors, has been elected as PPL Electric’s President, effective January 2, 2007, and will serve in such capacity pending decisions regarding Mr. Sipics’ permanent successor. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)	Exhibits
	99.1 -	Press release dated January 3, 2007, announcing the retirement of John F. Sipics.

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/ Matt Simmons                            Matt Simmons Vice President and Controller

PPL ELECTRIC UTILITIES CORPORATION
By:	/s/ Matt Simmons                            Matt Simmons Vice President and Controller

Dated:January 3, 2007

EX-99.1

Exhibit 99.1

[PPL Logo]

 Contact:  Dan McCarthy, 610-774-5758

PPL Electric Utilities President Retires

ALLENTOWN, Pa. (Jan. 3, 2007) - John F. Sipics, who has served as president of PPL Corporation’s (NYSE: PPL) Pennsylvania electricity delivery subsidiary since 2003, retired Jan. 1.

Sipics, a 37-year veteran of PPL, retired due to health issues. William H. Spence, PPL Corporation executive vice president and chief operating officer, will serve as PPL Electric Utilities president while decisions are being made regarding Sipics’ permanent successor. PPL Electric Utilities provides electricity delivery services to 1.3 million customers in eastern and central Pennsylvania.

“We thank John for the countless significant contributions that he has made in his nearly four decades with the company,” said James H. Miller, PPL chairman, president and chief executive officer. “His exhaustive knowledge of both the company and the wider utility industry has been essential to the success of PPL, especially in the last decade.”

“In all his roles at PPL, John has been steadfast in his commitment to providing service that is second to none. So, it is no accident that PPL Electric Utilities has been the recipient of numerous national customer service awards under his outstanding leadership,” said Miller.

Sipics, 58, joined PPL in 1970 as an engineer in the System Planning Department. He served as manager of Resource Planning and manager-System Operation before being promoted to general manager-Power Systems Support in 1994. In 1998, he was appointed vice president-Market Planning, becoming the first head of PPL’s unregulated energy marketing subsidiary, which is now PPL EnergyPlus.

Named vice president-Delivery Services and Economic Development in 1998, he was appointed president of the company that is now PPL Gas Utilities the next year. He became vice president-Asset Management for PPL Electric Utilities in 2001 and president of that company in 2003.

He was an active member of key industry associations, including the Transmission Owners Administrative Committee of the PJM regional power pool, and is a past member of PJM’s management committee. He was on the board of the Energy Association of Pennsylvania and on the board of one of the eight regional councils that make up the North American Reliability Council.

He earned bachelor’s and master’s degrees in electrical engineering from Lehigh University, where he also served as adjunct lecturer for six years.

PPL Corporation, headquartered in Allentown, Pa., controls more than 11,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to more than 5 million customers in Pennsylvania, the United Kingdom and Latin America.

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