Regulatory Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Regulatory Assets and Liabilities

The following table presents DPL’s Regulatory assets and liabilities:

			December 31,
$ in millions	Type of Recovery	Amortization Through	2015		2014
Regulatory assets, current:
Fuel and purchased power recovery costs	A	2016	$	13.9	$	16.3
Economic development costs	A	2016	0.5		2.1
Deferred storm costs	B	2015	—		22.3
Energy efficiency program	A	2016	—		1.8
Other miscellaneous	A	2016	—		1.7
Total regulatory assets, current			14.4		44.2
Regulatory assets, non-current:
Pension benefits	B	Ongoing	$	91.6	$	99.6
Deferred recoverable income taxes	B/C	Ongoing	36.4		43.1
Fuel costs	B	Undetermined	12.7		—
Unrecovered OVEC charges	D	Undetermined	10.5		—
Unamortized loss on reacquired debt	B	Various	9.0		9.9
Smart grid and advanced metering infrastructure costs	D	Undetermined	7.3		6.6
Generation separation costs	D	Undetermined	3.9		1.6
Retail settlement system costs	D	Undetermined	3.1		3.1
Consumer education campaign	D	Undetermined	3.0		3.0
Rate case costs	D	Undetermined	1.9		—
Other miscellaneous	D	Undetermined	0.5		0.6
Total regulatory assets, non-current			179.9		167.5
Total regulatory assets			$	194.3	$	211.7
Regulatory liabilities, current:
Energy efficiency program			$	9.2	$	—
Competitive bidding			9.1		—
Transmission costs			3.7		2.9
Reconciliation rider			2.1		—
Other miscellaneous			0.3		1.5
Total regulatory liabilities, current			24.4		4.4
Regulatory liabilities, non-current:
Estimated costs of removal - regulated property			$	121.8	$	119.3
Postretirement benefits			5.2		4.8
Total regulatory liabilities, non-current			127.0		124.1
Total regulatory liabilities			$	151.4	$	128.5

A – Recovery of incurred costs without a rate of return.

B – Recovery of incurred costs plus rate of return.

C – Balance has an offsetting liability resulting in no effect on rate base.

D – Recovery not yet determined, but is probable of occurring in future rate proceedings.

THE DAYTON POWER AND LIGHT COMPANY [Member]

Schedule of Regulatory Assets and Liabilities

The following table presents DP&L’s Regulatory assets and liabilities:

			December 31,
$ in millions	Type of Recovery	Amortization Through	2015		2014
Regulatory assets, current:
Fuel and purchased power recovery costs	A	2016	$	13.9	$	16.3
Economic development costs	A	2016	0.5		2.1
Deferred storm costs	B	2015	—		22.3
Energy efficiency program	A	2016	—		1.8
Other miscellaneous	A	2016	—		1.7
Total regulatory assets, current			$	14.4	$	44.2
Regulatory assets, non-current:
Pension benefits	B	Ongoing	$	91.6	$	99.6
Deferred recoverable income taxes	B/C	Ongoing	36.4		43.1
Fuel costs	B	Undetermined	12.7		—
Unrecovered OVEC charges	D	Undetermined	10.5		—
Unamortized loss on reacquired debt	B	Various	9.0		9.9
Smart grid and advanced metering infrastructure costs	D	Undetermined	7.3		6.6
Generation separation costs		Undetermined	3.9		1.6
Retail settlement system costs	D	Undetermined	3.1		3.1
Consumer education campaign	D	Undetermined	3.0		3.0
Rate case costs	D	Undetermined	1.9		—
Other miscellaneous	D	Undetermined	0.5		0.6
Total regulatory assets, non-current			$	179.9	$	167.5
Total regulatory assets			$	194.3	$	211.7
Regulatory liabilities, current:
Energy efficiency program			$	9.2	$	—
Competitive bidding			9.1		—
Transmission costs			3.7		2.9
Reconciliation rider			2.1		—
Other miscellaneous			0.3		1.5
Total regulatory liabilities, current			$	24.4	$	4.4
Regulatory liabilities, non-current:
Estimated costs of removal - regulated property			$	121.8	$	119.3
Postretirement benefits			5.2		4.8
Total regulatory liabilities, non-current			$	127.0	$	124.1
Total regulatory liabilities			$	151.4	$	128.5

A – Recovery of incurred costs without a rate of return.

B – Recovery of incurred costs plus rate of return.

C – Balance has an offsetting liability resulting in no effect on rate base.

D – Recovery not yet determined, but is probable of occurring in future rate proceedings.