Regulatory Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

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	2016		2015
Regulatory assets, current:
Fuel and purchased power recovery costs	A	2016	$	—	$	13.9
Economic development costs	A	2017	0.1		0.5
Total regulatory assets, current			0.1		14.4
Regulatory assets, non-current:
Pension benefits	B	Ongoing	97.6		91.6
Deferred recoverable income taxes	B/C	Ongoing	35.9		36.4
Unrecovered OVEC charges	D	Undetermined	21.0		10.5
Fuel costs	B	Undetermined	15.4		12.7
Unamortized loss on reacquired debt	B	Various	8.0		9.0
Smart grid and advanced metering infrastructure costs	D	Undetermined	7.3		7.3
Rate case costs	D	Undetermined	6.3		1.9
Generation separation costs	D	Undetermined	5.7		3.9
Retail settlement system costs	D	Undetermined	3.1		3.1
Consumer education campaign	D	Undetermined	3.0		3.0
Other miscellaneous	D	Undetermined	0.6		0.5
Total regulatory assets, non-current			203.9		179.9
Total regulatory assets			$	204.0	$	194.3
Regulatory liabilities, current:
Competitive bidding			$	16.1	$	9.1
Energy efficiency program			14.1		9.2
Transmission costs			3.3		3.7
Reconciliation rider			—		2.1
Other miscellaneous			0.2		0.3
Total regulatory liabilities, current			33.7		24.4
Regulatory liabilities, non-current:
Estimated costs of removal - regulated property			126.5		121.8
Postretirement benefits			3.9		5.2
Total regulatory liabilities, non-current			130.4		127.0
Total regulatory liabilities			$	164.1	$	151.4

A – Recovery of incurred costs plus rate of return.

B – Recovery of incurred costs without a 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	2016		2015
Regulatory assets, current:
Fuel and purchased power recovery costs	A	2016	$	—	$	13.9
Economic development costs	A	2017	0.1		0.5
Total regulatory assets, current			0.1		14.4
Regulatory assets, non-current:
Pension benefits	B	Ongoing	97.6		91.6
Deferred recoverable income taxes	B/C	Ongoing	35.9		36.4
Unrecovered OVEC charges	D	Undetermined	21.0		10.5
Fuel costs	B	Undetermined	15.4		12.7
Unamortized loss on reacquired debt	B	Various	8.0		9.0
Smart grid and advanced metering infrastructure costs	D	Undetermined	7.3		7.3
Rate case costs	D	Undetermined	6.3		1.9
Generation separation costs	D	Undetermined	5.7		3.9
Retail settlement system costs	D	Undetermined	3.1		3.1
Consumer education campaign	D	Undetermined	3.0		3.0
Other miscellaneous	D	Undetermined	0.6		0.5
Total regulatory assets, non-current			203.9		179.9
Total regulatory assets			$	204.0	$	194.3
Regulatory liabilities, current:
Competitive bidding			$	16.1	$	9.1
Energy efficiency program			14.1		9.2
Transmission costs			3.3		3.7
Reconciliation rider			—		2.1
Other miscellaneous			0.2		0.3
Total regulatory liabilities, current			33.7		24.4
Regulatory liabilities, non-current:
Estimated costs of removal - regulated property			126.5		121.8
Postretirement benefits			3.9		5.2
Total regulatory liabilities, non-current			130.4		127.0
Total regulatory liabilities			$	164.1	$	151.4

A – Recovery of incurred costs plus rate of return.

B – Recovery of incurred costs without a 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.