PUCO adopts Dayton Power & Light Company (DP&L) electric
security plan
COLUMBUS, OH (Oct. 20, 2017) — The Public Utilities Commission of
Ohio (PUCO) today adopted an agreement that establishes an electric security
plan (ESP) for the Dayton Power & Light Company (DP&L). The plan will
determine the standard service offer (SSO) through Oct. 31, 2023.
“Today’s order represents long-term
rate stability in that the term of this rate plan is six years. It also
includes important provisions for ensuring grid safety and reliability, funding
for low-income residential customers, promotes economic development and provides
enhancements to the competitive retail marketplace,” stated PUCO Chairman Asim
Z. Haque. “
DP&L will continue to use a
competitive bidding process to secure its electric load for its nonshopping
customers.
DP&L will recover/credit the
net proceeds from selling power from its share of the Ohio Valley Electric
Corporation into the regional marketplace through the nonbypassable
Reconciliation Rider.
DP&L will also establish a
distribution modernization rider (DMR) to provide it with capital so that it
will be financially healthy enough to make future investments in grid modernization.
Although DP&L requested a $145 million dollar DMR rider annually for six
years, the Commission approved recovery on the DMR at $105 million per year for
three years. DP&L will also file a
comprehensive grid modernization plan by Aug. 1, 2018 for Commission review.
Today’s approval also means
DP&L will end the collection of its annual $73 million retail stability
charge. A residential customer using 750 kilowatt hours per month will see a
monthly bill increase of $2.92 during the term of the DMR.
On Feb. 22, 2016 DP&L filed an
application to establish an electric security plan in accordance with Ohio
Revised Code 4928.143. On April 11, 2016, and Oct. 11, 2016, DP&L filed
amendments to its application.
On Jan. 30, 2017, and amended on
March 14, 2017, a stipulation and recommendation was filed by DP&L, DPL
Inc., PUCO staff, the city of Dayton, Interstate Gas Supply, Inc., Retail
Energy Supply Association, Edgemont Neighborhood Coalition, People Working
Cooperatively Inc., Ohio Hospital Association, Mid-Atlantic Renewable Energy
Coalition, Ohio Energy Group, Ohio Partners for Affordable Energy and The
Kroger Company.
DP&L is to file final tariffs
in compliance with today’s order as soon as possible. A copy of today’s
Commission opinion and order will be available at www.PUCO.ohio.gov. Click on the link to
the Docketing Information System (DIS) and enter the case number 16-395-EL-SSO.
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The Public Utilities Commission of Ohio (PUCO) is the sole agency charged with regulating public utility service. The role of the PUCO is to assure all residential, business and industrial consumers have access to adequate, safe and reliable utility services at fair prices while facilitating an environment that provides competitive choices. Consumers with utility-related questions or concerns can call the PUCO Call Center at (800) 686-PUCO (7826) and speak with a representative.
For additional information, contact: Matt Schilling | (614) 466-7750
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