DAYTON, Ohio (AP) — A Dayton-based power company says a rate hike that will amount to about $5 a month for the average customer is critical to its financial health.
The Dayton Power & Light Co. pleaded its case in a public hearing Tuesday in which it got support and criticism.
The company says the increase would add up to $600 million over five years. It's critical because DP&L is losing customers and revenue.
The Dayton Daily News (http://bit.ly/118KgbC ) reports that the request has been criticized by industry and the Ohio Consumers' Counsel. The Public Utilities Commission of Ohio is expected to make a decision on the request sometime after March.
Dayton Power & Light serves more than 500,000 customers in 24 counties in western Ohio.
Information from: Dayton Daily News, http://www.daytondailynews.com