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DPL Energy Resources Serving 95% of Migrated Sales at Dayton Power & Light
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November 1, 2010
For the three months ending September 30, 2010, DPL Energy
Resources supplied approximately 1.338 billion kWh of the total 1.397 billion kWh
supplied by competitive retail providers within affiliate Dayton Power & Light's
service territory, parent DPL Inc. said in a 10-
DPL Energy Resources served approximately 35% of Dayton Power & Light's total distribution sales volumes during the three months ended September 30, 2010.
On an annualized basis, total migrated sales at Dayton Power & Light is estimated
at 39.3%, with DPL Energy Resources accounting for 37.4%, and non-
Migration negatively impacted DPL Inc.'s third quarter gross margin by approximately $6 million. For the calendar year 2010, the estimated negative impact from migration is approximately $15 million. For 2011, migration is expected to reduce gross margin by $20 million to $25 million.
During the three months ended September 30, 2010, one additional unaffiliated retail supplier registered to serve load at Dayton Power & Light, bringing the total number of competitive providers in Dayton Power & Light's service territory to eleven.
Incremental costs and revenues from DPL Energy Resources' expansion into non-
DPL Inc. said that it plans to file for a new electric security plan for Dayton Power & Light during the first quarter of 2012.
Net income at DPL Inc. was $86.4 million for the quarter, versus $67.9 million a year ago.
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