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DP&L withdraws generation subsidy plan, will seek distribution rider

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DP&L withdraws generation subsidy plan, will seek distribution rider

Dayton Powerand Light Co. is backing off plans to pursue an for more than 2,000 MWof coal-fired generation in Ohio and will instead seek a rider tied tomodernizing its distribution system.

The AESCorp. subsidiary on Sept. 23 filed notice with the Public UtilitiesCommission of Ohio that it is withdrawing its reliable electricity rider.DP&L said it will instead pursue a distribution modernization rider as partof its proposed electric security plan, or ESP. (Case Nos. 16-0395-EL-SSO,16-0397-EL-AAM and 16-0396-EL-ATA)

DP&L, in February, proposed an ESP that would run fromJan. 1, 2017, through Dec. 31, 2026. The plan included a reliable electricityrider for its portion of J.M.Stuart units 1-4, W.H. Zimmer unit 1, Miami Fort units 7 and 8, unit 2 and unit 4. The rider alsocovered DP&L's share of OhioValley Electric Corp.'s Clifty Creek and Kyger Creek coal plants.

Despite obstacles facing Ohio utilities American Electric Power Co. Inc. and tied to theirproposed generation subsidies, AES executives said they were with DP&L's plan.

DP&L, in its recent filing, said it will file details ofits new rider, which seems likely to follow a grid modernization and financialstability plan at thecenter ofFirstEnergy's rate case.  

DP&L noted its ESP also introduces a clean energy riderdesigned to support future investments in renewable energy and advancedtechnologies.