PPL Reports Loss In Second Quarter: Lower demand, pending plant...

PPL Corp. swung to a loss in the second quarter due to lower energy demand and an impairment charge for the pending sale of a power plant in Long Island , New York. Full Story
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Obamination

Allentown, PA

#1 Aug 4, 2009
Dang! They better raise the prices. We would not want to hurt the shareholders and prevent bonuses.
Steve

Slatington, PA

#2 Aug 4, 2009
Oh, poor PPL. Scerw them! I hope they loose even MORE next quarter! Bunch of crooks!
LOL

Hellertown, PA

#3 Aug 4, 2009
good
Jack

Philadelphia, PA

#4 Aug 4, 2009
You do know that if they lose money, they are just going to increase the prices for us. I don't see how that is "good" or why you want to see it continue.
Um no

Florham Park, NJ

#5 Aug 4, 2009
Steve wrote:
Oh, poor PPL. Scerw them! I hope they loose even MORE next quarter! Bunch of crooks!
I hope they go out of business!
Amazed

Allentown, PA

#6 Aug 4, 2009
Be carefull what you ask for.
hysterical

Flanders, NJ

#7 Aug 4, 2009
Fluctuations like this are common. It's more indicative of the mild summer than anything else. Rates will go up soon enough, and PPL will make their requisite 30 pieces of silver.

I don't wish PPL any ill... they are like any other business. For me, the equation is pretty simple -- use less, pay less.
Screwed either way

Pennsburg, PA

#8 Aug 4, 2009
I don't see how ANY news from PPL is any good to US....unless it's a rate DECREASE.

If they report a loss, it hits us in the pocket. If they report a gain, it still hits us, because we're using "too much energy" and they'll need more resources going forward.

Either way, we're the ones who have to pay for it.
Tom

United States

#9 Aug 4, 2009
State Lawmakers need to get off their B#TTs and cap the rates again so PP&L does not get away with increasing the already overly expensive electric rates.
Jim

Allentown, PA

#10 Aug 4, 2009
Don't feel bad for PPL because they suffered a loss in the 2nd quarter. Let's compare their loss quarters to their gain quarters over the past 20 years.
Gerri

Allentown, PA

#11 Aug 4, 2009
A nuclear power plant for the Lehigh Valley use would be, in my estimation, a good thing. Watch out you PETA people.
wizard5by5

Bethlehem, PA

#12 Aug 4, 2009
OOO they are losing money, don't be suprised if they ask for a 50% increase instead of 30%. Lots of upper class bums at PP&L.
The Iron Shiek

Bethlehem, PA

#13 Aug 4, 2009
Steve wrote:
Oh, poor PPL. Scerw them! I hope they loose even MORE next quarter! Bunch of crooks!
Why? Your 401(k) or IRA probably has money tied into PPL through one of the mutual funds you are in.
Jack

Philadelphia, PA

#14 Aug 4, 2009
Tom wrote:
State Lawmakers need to get off their B#TTs and cap the rates again so PP&L does not get away with increasing the already overly expensive electric rates.
So tell them you don't want their product anymore. The reality is that electricy is cheap. You are willing to pay $30-$100 for cable/satellite but not $2 to make it work. You pay $10-$30 just to connect to the internet but not $2 to run the computer for the month. You spend $100 on groceries per week but are pissed about spending a few dollars to prepare the food. Do you even listen to yourself? Do you think for even a second before hitting "post comment."
Steve

Slatington, PA

#15 Aug 4, 2009
The Iron Shiek wrote:
<quoted text>
Why? Your 401(k) or IRA probably has money tied into PPL through one of the mutual funds you are in.
I don't have an IRA. I invest in my own business. From what my family members say (who have or had IRAs) it's a safer bet. Why let someone else play with my hard eared $?

PPL is just waiting like a wolf at the door waiting for the rate hikes to start up. When it comes to them, I'm trying to keep every one of my dollars as far away from their greedy little hands as possible.
manno

Blairstown, NJ

#16 Aug 4, 2009
how can anybody have a loss if you earn onley what you sell. wait till their price go's up there will be no way they will survive.with people cutting back on electric.i guess the goverment will have to bail them also with our money
manno

Blairstown, NJ

#17 Aug 4, 2009
Obamination wrote:
Dang! They better raise the prices. We would not want to hurt the shareholders and prevent bonuses.
thats for sure its bonus time if the goverment should take anyone over it should be the electric companys!!!
Honky Lips

Allentown, PA

#18 Aug 4, 2009
I expected to hear this at this time and I expect to hear it again in Oct.

What do you think they'd say on the eve of a 30% increase?
Tommy

United States

#19 Aug 4, 2009
OH They will make up for it next year when they raise the prices 30%! Speak up
Honest Man

Allentown, PA

#20 Aug 4, 2009
Steve wrote:
Oh, poor PPL. Scerw them! I hope they loose even MORE next quarter! Bunch of crooks!
Stock up on kerosene dopey!

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