In March 2024, RIE issued $500 million of 5.35% Senior Notes due 2034. The proceeds, net of discounts and underwriting fees, will be used to repay short-term debt and for other general corporate purposes.

In January 2024, PPL Electric issued $650 million of 4.85% First Mortgage Bonds due 2034. The proceeds, net of discounts and underwriting fees, will be used to repay short-term debt and for other general corporate purposes.

In February 2024, PPL declared a quarterly cash dividend on its common stock, payable April 1, 2024, of 25.75 cents per share (equivalent to $1.03 per annum). This indicates a continued commitment to returning capital to shareholders.

On March 6, 2024, the EPA finalized revisions to the particulate matter standard that lowers the primary standard for fine particulates. This could impact operations in Jefferson County, Kentucky, potentially requiring additional particulate matter reductions from sources including LG&E's Mill Creek Station.

On April 25, 2024, the EPA released a pre-publication version of a final rule increasing the stringency of MATS and further reducing emissions of certain hazardous air pollutants. PPL, LG&E, and KU are reviewing the final rule to determine its impact.

On April 25, 2024, the EPA released a pre-publication version of a final rule under Section 111 of the Clean Air Act which establishes performance standards and emissions limits aimed at reducing GHG emissions from certain new, existing, and modified fossil fuel-fired electric generating units (EGUs).

The PAPUC is investigating billing issues following customer complaints. On April 25, 2024, the PAPUC announced it would issue an order approving the Settlement Agreement with modifications, including converting the $1 million civil penalty to a $1 million donation to PPL Electric's hardship fund.

On April 26, 2024, PPL Electric filed a Petition with the PAPUC requesting that the PAPUC waive PPL Electric's DSIC cap of 5% of billed revenues and increase the maximum allowable DSIC to 9% for bills rendered on or after January 1, 2025.

On April 30, 2024, KU filed a request with the VSCC for an annual increase in Virginia base electricity rates of approximately $9 million. KU's request is based on an authorized 10.5 % return on equity.