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PPL Selects PowerPlan Lessee Accounting Solution

Atlanta, GA (November 2, 2012) PPL Corp. expands their existing PowerPlan Solution Suite with the Lessee Accounting module. This addition provides complete lifecycle accounting for all capital and operating leases including equipment, real estate and purchase power agreements. The PPL team looks forward to lower  compliance expenses, improved investment transparency and minimized billing errors with the Lessee Accounting module.

About PPL Corporation:

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. The company is involved in the distribution and sale of natural gas to customers in Kentucky. It also owns and operates renewable energy projects; and provides energy-related products and services to commercial and industrial customers. As of February 29, 2012, the company owned or controlled approximately 19,000 megawatts of generating capacity; and delivered electricity and natural gas to approximately 10 million customers. Its transmission system includes 60 substations and 6,727 pole miles; and distribution system includes 321 substations, 33,145 circuit miles of overhead lines, and 7,407 cable miles of underground conductors. The company was founded in 1920 and is headquartered in Allentown, Pennsylvania.

About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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