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MarketScreener Homepage  >  Equities  >  Nyse  >  PPL Corporation    PPL

PPL CORPORATION

(PPL)
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PPL Corporation : - EPA's Responsible Appliance Disposal Program Honors PPL Electric Utilities

11/02/2020 | 09:46am EST

PPL Electric Utilities appliance recycling efforts in 2019 recently earned it high honors in the U.S. EPA's Responsible Appliance Disposal (RAD) Program.

PPL received a Champions Award for having one of the highest rates of insulation foam recovery in the RAD Program last year. Foam contains substances that are potent greenhouse gases that may, depending on the age of the unit, deplete the ozone layer.

'Our RAD partners have increased appliance recycling by employing best environmental practices, which reduces emissions, saves energy and builds strong partnerships in our communities,' said Anne Austin, Principal Deputy Assistant Administrator for EPA'sOffice of Air and Radiation. PPL was one of 14 companies across the country that received awards for outstanding program achievements in appliance recycling, according to the EPA.

Since joining the RAD program in 2017, PPL has recycled nearly 40,000 refrigerant-containing appliances, which in greenhouse gas terms is the equivalent of taking more than 61,000 vehicles off the road for a year. More than 138,000 appliances have been recycled since PPL started its appliance recycling program more than a decade ago.

'This honor reflects how much PPL and its customers believe in and support a cleaner, greener planet through appliance recycling,' said Mary Ann Kelly-Merenda, program manager for PPL's residential energy efficiency programs. 'We're proud to partner with our customers and other stakeholders.'

Due to the COVID-19 pandemic, PPL's appliance recycling program is currently suspended. However, customers can choose to be added to a waitlist and will be contacted once the program resumes. To be placed on the waitlist or for any questions, please contact customer service at 1-877-486-9204 between 8 a.m. - 6 p.m.

PPL Electric Utilities provides electric delivery service to more than 1.4 million homes and businesses in Pennsylvania and ranks among the best utility companies in the country for customer service and reliability. PPL Electric Utilities is a major employer in the communities it serves. It is a subsidiary of PPL Corporation (NYSE: PPL).

Contact:

Joe Nixon

Tel: 610-774-5997

Email: jcnixonjr@pplweb.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 7 951 M - -
Net income 2020 1 781 M - -
Net Debt 2020 23 590 M - -
P/E ratio 2020 11,7x
Yield 2020 5,87%
Capitalization 21 719 M 21 719 M -
EV / Sales 2020 5,70x
EV / Sales 2021 5,90x
Nbr of Employees 12 280
Free-Float 99,9%
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Technical analysis trends PPL CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 30,19 $
Last Close Price 28,25 $
Spread / Highest target 13,3%
Spread / Average Target 6,88%
Spread / Lowest Target -0,88%
EPS Revisions
Managers and Directors
NameTitle
Vincent Sorgi President, Chief Executive Officer & Director
William Harold Spence Non-Executive Chairman
Joseph P. Bergstein Chief Financial Officer & Senior Vice President
John W. Conway Lead Independent Director
Craig A. Rogerson Independent Director
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