DP&L Seeks PUCO Approval of Distribution Modernization Plan
DAYTON, Ohio--(BUSINESS WIRE)--Dec 28, 2018--The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announced its December 21 filing with the Public Utility Commission of Ohio (PUCO) of its Distribution Modernization Plan. DP&L proposes to invest $576 million in capital projects over the next decade providing direct customer benefits through a robust, efficient electric grid. The initiatives will also allow DP&L to be ready to integrate electric vehicle (EV) charging infrastructure and Distributed Energy Resources (DERs) into its grid, including demonstrations of community solar, energy storage, and microgrids.
The filing is aligned to the PowerForward Roadmap issued by the PUCO earlier this year. “DP&L’s Distribution Modernization Plan is responsive to the principles and objectives outlined in the PowerForward Roadmap,” said Lisa Krueger, President of the US Strategic Business Unit, responsible for AES’ US utilities, including DP&L. “The plan’s submission is our opportunity to explain the details of our proposal, which will deliver significant value to our customers. DP&L is proud of its long history in this community and our Modernization Plan will transform the electric grid into a system that uses information and communications technologies to allow our customers to experience personalized, innovative, and seamless energy services.”
Upon PUCO approval, DP&L will begin its digital transformation with the addition of advanced metering infrastructure, which will improve overall customer experience through better system reliability, performance and communication. After PUCO approval, DP&L will put in place the required infrastructure to support smart meters and install approximately 100,000 meters annually through completion of installation for all customers. Investments will also create a self-healing grid allowing DP&L to isolate problems automatically and re-route power around the problem often without noticeable interruption of service to our customers.
DP&L’s proposed plan also includes customer engagement components to improve customer experience through mobile applications, pre-pay options and time-of-use rates. The plan creates a grid platform that will enable future innovations accommodating innovative services for customers. If approved by the PUCO, DP&L’s typical retail customer, using 1000kWh, on SSO service, will see an initial bill increase of $1.99 per month.
About The Dayton Power and Light Company and AES
The Dayton Power and Light Company is the principal subsidiary of DPL Inc. (DPL), a regional energy provider and an AES company. DPL’s significant subsidiaries include The Dayton Power and Light Company, AES Ohio Generation, LLC (AES Ohio Gen), Miami Valley Insurance Company (MVIC), and Miami Valley Lighting, LLC (MVLt). The Dayton Power and Light Company, a regulated electric utility, provides service to over 520,000 customers in West Central Ohio; MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries, and MVLt maintains outdoor lighting to governments and businesses. AES Ohio Gen co-owns merchant generation facilities. For more information about the company, please visit www.dplinc.com. Connect with DP&L at www.twitter.com/dpltoday, www.linkedin.com/company/dayton-power-and-light, and at www.facebook.com/DPLToday.
The AES Corporation (NYSE: AES) is a Fortune 500 global power company. We provide affordable, sustainable energy to 15 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce is committed to operational excellence and meeting the world’s changing power needs. Our 2017 revenues were $11 billion and we own and manage $33 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.
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KEYWORD: UNITED STATES NORTH AMERICA OHIO
INDUSTRY KEYWORD: ENERGY UTILITIES OTHER ENERGY
SOURCE: The Dayton Power and Light Company
Copyright Business Wire 2018.
PUB: 12/28/2018 10:10 AM/DISC: 12/28/2018 10:11 AM