Common Shareholders' Equity (DP&L [Member])

3 Months Ended

Mar. 31, 2015

DP&L [Member]

Common Shareholders' Equity

9.   Shareholder’s Equity 

DP&L has 250,000,000 authorized $0.01 par value common shares, of which 41,172,173 are outstanding at March 31, 2015.  All common shares are held by DP&L’s parent, DPL. 

As part of the PUCO’s approval of the Merger, DP&L agreed to maintain a capital structure that includes an equity ratio of at least 50 percent and not to have a negative retained earnings balance.