PUCO authorizes rate plan change for DP&L
COLUMBUS, OHIO (Dec. 18, 2019) – The Public Utilities Commission of Ohio (PUCO) today issued finding and orders authorizing Dayton Power & Light (DP&L) to withdraw from its current electric security plan (ESP) and revert to a previous rate plan.
DP&L filed a notice that it would withdraw its current ESP after the Commission directed the utility to terminate its Distribution Modernization Rider (DMR) included in the current ESP in response to a recent Ohio Supreme Court Ruling.
The PUCO approved the current ESP III on Oct. 20, 2017. With today’s decision, DP&L will revert to its ESP I, first approved by the PUCO on June 24, 2009.
In its order, the Commission noted several riders or terms and conditions of the current plan will terminate along with ESP III, such as the Distribution Investment Rider and Distribution Decoupling Rider. Meanwhile, provisions of ESP I, such as the Rate Stabilization Charge will be reinstated on customer bills.
The net effect of reverting to ESP I rates results in the reduction of annual revenues to DP&L by approximately $70 million. Customer rate impacts will be known once DP&L files revised tariffs in accordance with today’s Commission order.
Ohio law requires each electric distribution company to have a plan in place to, among other things, provide its customers a standard service offer, the default price of electricity should customers not enroll with a competitive supplier. Ohio law further permits a utility to withdraw from its plan and revert to its most recently approved plan should the PUCO modify its most recent application.
Copies of today’s opinion and orders are available on the PUCO website at www.PUCO.ohio.gov by clicking the link to Docketing Information System (DIS) and searching case numbers 08-1094-EL-SSO and 16-395-EL-SSO.
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.
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