The Public Utilities Commission of Ohio (PUCO) issued a correction to its order in the Dayton Power & Light (DP&L) rate proceeding that takes steps to balance the interests of the company, its customers and the region’s needs. However, according to DP&L, the order falls short in addressing key issues challenging the utility.
“We will be completing a detailed analysis of the PUCO’s decision. The order provides clarity for three years, but the PUCO’s decision places risk on DP&L in 2017 and 2018. We have invested in our business for decades and it is unclear whether this Order will allow a smooth path to competition,” said Derek A. Porter, president of DP&L.
The Dayton Power and Light Co. is the principal unit of DPL Inc., a regional energy company. DPL Inc. was acquired by The AES Corp. (AES) in 2011.