DPL Inc.

DP&L Inc.
Subsidiary
Industry Electrical power industry
Founded 1911
Headquarters Dayton, Ohio, United States
Products Electricity
Number of employees
 1,500+ (2008)
Parent AES
Website www.dplinc.com


DP&L Inc. is a subsidiary of AES Corporation. 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 6,000-square-mile (16,000 km2) area of West Central Ohio, including the area around Dayton, Ohio; its namesake.[1]. Electricity for DP&L’s 24 county service area within Ohio’s Miami Valley 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.[1]

History

The Dayton Power and Light Company was incorporated in 1911 under the laws of Ohio. 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.[1] Prior to 2000, DP&L also distributed natural gas within its service area; its gas operations were divested in the Fall of 2000 to Vectren, an Evansville, Indiana-based company that formed earlier that year. DPL was acquired by AES in 2011.[2].

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. [3]

Operations Within Puerto Rico

Following the aftermath of Hurricane Maria 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. [4]

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. <ref>. 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

  1. 1 2 3 DPL, Inc. Form 10-K for the year ended December 31, 2007. (U.S. Securities & Exchange Commission)
  2. ↑ "AES to Buy Ohio Utility for $3.5 Billion". DealBook. Retrieved 2015-03-19.
  3. ↑ Gnau, Thomas. "DP&L owner to cut 160 jobs and appoint new CEO", Dayton Daily News' Dayton, 5 October 2018. Retrieved on 7 June 2018.
  4. ↑ Siegel, Josh. "Puerto Rico blackout sparks interest in solar power for island's electric grid", Washington Examiner, Washington D.C., January 1 2018. Retrieved on 7 June 2018.


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