December 19, 2014 5:55 AM ET

Electric Utilities

Company Overview of The Dayton Power and Light Company

Company Overview

The Dayton Power and Light Company is engaged in the generation, transmission, distribution, and sale of electricity to residential, commercial, industrial, and government customers. The company operates seven coal-fired steam generating stations, as well as solar, combustion turbine, and diesel peaking units. It generates and distributes electricity to approximately 515,000 retail customers located in a 6,000 square mile area of west central Ohio. The company has an electricity generation capacity of approximately 2,897 megawatts. It also sells energy and capacity in the wholesale market. The Dayton Power and Light Company principally serves automotive, food processing, paper, plastic, manu...

1065 Woodman Drive

Dayton, OH 45432

United States

Founded in 1911

1,197 Employees

Phone:

937-224-6000

Key Executives for The Dayton Power and Light Company

Chief Executive Officer
Chief Financial Officer
Executive Vice President of Operations
Age: 49
President of Power Production
Age: 63
Senior Vice President of Corporate & Regulatory Affairs
Age: 64
Compensation as of Fiscal Year 2014.

The Dayton Power and Light Company Key Developments

AES Corporation Cancels Plans To Sell DPL Assets

The AES Corporation (NYSE:AES) has cancelled plans to sell 3, 453 MW portfolio of assets owned by The Dayton Power and Light Company. Instead, the assets will be transferred to an affiliate of DPL.

Dayton Power and Light Co Wins $26 Million Federal Contract for Base Wide Electrical Services

Dayton Power and Light Co. received a $26,102,136 firm-fixed-price contract for base wide electrical services for Wright-Patterson Air Force Base Work will be performed at Wright-Patterson AFB, and is expected to be completed by Dec. 31, 2014. Type of appropriation is fiscal 2014 operations and maintenance funds. Air Force Life Cycle Management Center/PZIO, Wright-Patterson AFB, is the contracting activity.

The Public Utilities Commission of Ohio Adopts Electric Security Plan for Dayton Power and Light

The Public Utilities Commission of Ohio (PUCO) approved an electric security plan (ESP) for the Dayton Power and Light Company (DP&L) that establishes generation rates from Jan. 1, 2014, through Dec. 31, 2016. The plan also sets a schedule for DP&L to move to a competitive market, in which generation rates will be fully set through a competitive bidding process beginning in January 2017. The order obligates DP&L to move quickly to a competitive position in the marketplace and remove barriers to customer choice. This accelerated process will benefit ratepayers immediately with positive long-term benefits for Ohio's businesses and families through an increase in customer choice. During the term of the ESP, DP&L will conduct an auction for 10% of its standard service offer load for the period of Jan. 1, 2014 to Dec. 31, 2014; 40% for the period of Jan. 1, 2015 to Dec. 31, 2015; and 70% for the period of Jan. 1, 2016 to Dec. 31, 2016. The ESP term will end on Dec. 31, 2016 where at that time the company is expected to have divested all of its generation assets. As was precedent in other ESP proceedings, the Commission also established a significantly excessive earning test threshold of 12% return on equity in order to further protect consumers.

Similar Private Companies By Industry

Company Name Region
AEP Texas Central Transition Funding II LLC United States
Saguaro Power Company, a Limited Partnership United States
RITELine Transmission Development, LLC United States
RITELine Illinois, LLC United States
Entergy Nuclear, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 24, 2014
East Bend Electric Power Plant
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact The Dayton Power and Light Company, please visit www.dpandl.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.