DP&L Inc. is a subsidiary of

AES Corporation The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquart ...

. Through its subsidiaries The Dayton Power and Light Company and DPL Energy Resources, DP&L sells to, and generates electricity for, a customer base of over 500,000 people within a area of West Central Ohio, including the area around

Dayton, Ohio Dayton () is the List of cities in Ohio, sixth-largest city in the U.S. state of Ohio and the county seat of Montgomery County, Ohio, Montgomery County. A small part of the city extends into Greene County, Ohio, Greene County. The 2020 United S ...

, its namesake.DPL, Inc. Form 10-K
for the year ended December 31, 2007. (U.S. Securities & Exchange Commission) Electricity for DP&L's 24 county service area within Ohio's

Miami Valley The Miami Valley is the land area surrounding the Great Miami River in southwest Ohio, USA, and includes the Little Miami, Mad, and Stillwater rivers as well. Geographically, it includes Dayton, Springfield, Middletown, Hamilton, and other ...

is primarily generated at eight coal-fired power plants, but DP&L also provides service to its clients via the use of combustion turbines, diesel peaking units, and solar powered properties.

History

The Dayton Power and Light Company was incorporated in 1911 under the laws of

Ohio Ohio () is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Of the List of states and territories of the United States, fifty U.S. states, it is the List of U.S. states and territories by area, 34th-l ...

. DP&L is the principal subsidiary of DPL providing approximately 99% of DPL's total consolidated revenue and approximately 92% of DPL's total consolidated asset base. DPL and its subsidiaries employed over 1,500 people as of January 31, 2008. Prior to 2000, DP&L also distributed

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon d ...

within its service area; its gas operations were divested in the Fall of 2000 to

Vectren Vectren Corporation was a Fortune 1000 energy holding company headquartered in Evansville, Indiana. Through its utility subsidiaries (Vectren North, Vectren South, and Vectren Energy Delivery of Ohio), the company distributed natural gas to appro ...

, an

Evansville, Indiana Evansville is a city in, and the county seat of, Vanderburgh County, Indiana, United States. The population was 118,414 at the 2020 census, making it the state's third-most populous city after Indianapolis and Fort Wayne, the largest city i ...

-based company that formed earlier that year. DPL was acquired by AES in 2011. The transaction was valued at $4.7 billion and it enabled AES to acquire all of the outstanding shares of DPL for $3.5 billion in cash, or $30 per share. In 2018, DP&L, aiming at a restructure of the company, announced that 160 jobs (60 in Ohio and 100 in Indiana) would be cut in the second quarter of the fiscal year. DP&L would also shut down two coal plants it operated in Southern Ohio, J.M. Stuart and Killen. Later that year, DP&L announced it would invest up to $1 million in investments to support the installation of electric vehicle charging stations within its coverage territory in Ohio.

Operations within Puerto Rico

Following the aftermath of

Hurricane Maria Hurricane Maria was a deadly Category 5 hurricane that devastated the northeastern Caribbean in September 2017, particularly Dominica, Saint Croix, and Puerto Rico. It is regarded as the worst natural disaster in recorded history to affect ...

in 2017, DP&L began taking an active role in America's recovery efforts; working alongside AES to renovate the central power grid that was damaged by the storm.Siegel, Josh

"Puerto Rico blackout sparks interest in solar power for island's electric grid", ''

Washington Examiner The ''Washington Examiner'' is an American conservative news outlet which consists principally of an online/digital website with a weekly magazine, based in Washington, D.C. It is owned by MediaDC, a subsidiary of Clarity Media Group, which is ...

'', Washington D.C., January 1, 2018. Retrieved on 7 June 2018. Currently, AES and DP&L have provided Puerto Rico with 6 megawatts of battery based storage units, provided by its Tait Energy Storage Station, in order to expedite the recovery process. Additionally, DP&L would also play a role in AES’ proposed construction of a series of autonomous “micro-grids”. The goal of said micro-grids would be to provide reserve power to small public locations, such as schools and hospitals. These grids, if greenlit, would be equipped with solar panels and powered by batteries, thereby alleviating the island's dependency on imported fossil fuels.

References

External links

DPL, Inc.
(company website)
Dayton Power and Light
{{Authority control Companies based in Dayton, Ohio Electric power companies of the United States AES Corporation 2011 mergers and acquisitions