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 29, 2003
PPL Electric Utilities Corporation
----------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Pennsylvania 1-905 23-0959590
------------ ----- ----------
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
Two North Ninth Street, Allentown, Pennsylvania 18101-1179
----------------------------------------------------------
(Address of principal executive offices)
Registrant's Telephone Number, including Area Code: (610) 774-5151
--------------
ITEM 9. REGULATION FD DISCLOSURE
------------------------
In connection with a proposed refinancing of currently outstanding
tax-exempt pollution control revenue refunding bonds (the "Existing Bonds") by
the Lehigh County Industrial Development Authority (the "LCIDA") on behalf of
PPL Electric Utilities Corporation ("PPL Electric Utilities"), PPL Electric
Utilities has disclosed that its net income for the year ended December 31, 2002
was $39 million. The refinancing of the Existing Bonds, in an aggregate
principal amount of $90,000,000, is to be effected pursuant to the offering by
the LCIDA of a new series of tax-exempt pollution control revenue refunding
bonds in the same aggregate principal amount.
SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PPL ELECTRIC UTILITIES CORPORATION
By: /s/ James E. Abel
-----------------------------
James E. Abel
Treasurer
Dated: January 30, 2003