Post Tagged with: "Dayton Power & Light"

Credit: Tom Knox
Utilities

Ohio Senate budget bill lets PUCO charge power customers higher rate to keep up utility credit ratings

COLUMBUS — “Ohio’s utility regulator could consider a utility’s credit rating when establishing base rates paid by customers, an apparent nod to FirstEnergy Solutions, the unregulated subsidiary of Akron electric utility FirstEnergy Corp. ‘Ratepayers in all six (electric utility) service areas could pay higher electricity charges under this,’ according to […]

AEP's Clifty Creek power plant in Madison, Indiana is among the facilities covered under income guarantee plans recently approved by Ohio regulators. 
Photo By
Crowezr / Wikimedia Commons
Coal / Ohio Utility Bailouts

Proposed Ohio subsidy for coal-fired power plants now uncertain

COLUMBUS — “A proposal to subsidize two coal-fired power plants is no longer on a fast track and might not pass at all. This is a shift from last month, when House Bill 239 seemed to be moving quickly toward becoming law, despite opposition from consumer and environmental groups. The […]

The Ohio Statehouse (Credit: Tlarrow/Creative Commons)
Utilities / Wind Energy

Ohio budget amendments: another utility ‘bailout’ and a rollback of wind setbacks

COLUMBUS — “Ohio’s budget bill reported out of the Senate Finance Committee Tuesday comes with an amendment that would expressly authorize extra charges to ratepayers to support utilities’ financial health. Meanwhile, another amendment would relax the tripled wind turbine setbacks that were included at the last minute in a 2014 […]

IEEFA Report: ‘National security’ argument for saving 2 power plants is a red herring meant to distract from an Ohio Valley Electric bailout
Ohio Utility Bailouts / Research & Reports

IEEFA Report: ‘National security’ argument for saving 2 power plants is a red herring meant to distract from an Ohio Valley Electric bailout

CLEVELAND — “The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. […]

The Kyger Creek power plant in Cheshire, Ohio, on the Ohio River began operating in 1955 to make power for a uranium enrichment plant in Piketon, Ohio. Since 2003, the plant, which is owned by a company created by other electric utilities, has been selling its power either into wholesale markets or sending it to its member companies. Now the plant is facing competition from natural gas turbine power plants, which can make electricity at a lower cost (Credit: Ohio Valley Electric Corp).
Coal / Ohio Utility Bailouts

Don’t subsidize coal, Consumers’ Counsel, NOPEC, AARP, Ohio Manufacturers’ Association tell lawmakers

CLEVELAND — “Ohio lawmakers and opponents of controversial ‘fast-tracked’ legislation designed to shift the costs of two 62-year-old coal power plants to consumers are heading for a showdown this week. Two bills, which have been moving through both the House and Senate utilities committees, were to be voted out of […]

Two Ohio coal-fired plants to close, deepening industry decline
Coal / Dayton Power & Light

Two Ohio coal-fired plants to close, deepening industry decline

DAYTON — “Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists. Republican President Donald Trump promised in his election campaign to […]

DP&L will sell its ownership in three coal-fired power stations, according to a new stipulation filed with a state organization. (Credit: Thomas Gnau/Dayton Daily News)
Coal / Dayton Power & Light

DPL to sell stake in three power plants

DAYTON — “In a new state filing, Dayton Power & Light Co. puts itself on a path further from the use of coal in power generation. The company said in the filing it will commit to selling its ownership in three generation stations while setting up an economic development fund for […]

DPL settlement will raise monthly rates, keep headquarters in Dayton
Dayton Power & Light / Energy

DPL settlement will raise monthly rates, keep headquarters in Dayton

DAYTON — “Dayton Power and Light Company has agreed to a settlement in its electric security plan proposal, that if approved, will increase customers monthly bills and calls for the company to close two coal-powered plants on the Ohio River. DP&L announced in a statement Monday that a settlement with […]

DP&L considering closing two power plants
Coal / Dayton Power & Light

DP&L considering closing two power plants

DAYTON — “Dayton Power & Light Inc. is considering closing two coal-fired power-generating stations near the Ohio River, company officials said. ‘As part of DP&L’s electric security plan (ESP) filing at the Public Utilities Commission of Ohio, the company is involved in ongoing discussions to find sustainable solutions to market-driven […]

DP&L pushes law that would let state raise rates
Energy / Utilities

DP&L pushes law that would let state raise rates

DAYTON — “Dayton Power and Light is lobbying state legislators to amend existing law that would allow the Public Utilities Commission of Ohio to raise electric rates if a utility’s financial integrity is at stake. If passed, the PUCO could raise or modify rates ‘if the (PUCO) finds that the […]