PPL vs. Duke Energy: Which Utility Stock Offers Better Value for Now?

PPL Corporation and Duke Energy Corporation are two prominent utility companies that are investing heavily in infrastructure to meet growing electricity demand. PPL plans to invest $20 billion between 2025 and 2028, while Duke Energy plans to invest $87 billion between 2025 and 2029. Both companies are focused on grid modernization and advancing the transition to low-carbon energy sources. PPL is exploring small nuclear reactors, while Duke Energy is pursuing nuclear energy expansion in the Carolinas. PPL's 2025 and 2026 earnings growth is estimated at 7.1% and 8.29%, respectively, with a long-term growth rate of 7.34%.