AES Ohio reaches unopposed settlement in electric distribution rate case

DAYTON POWER & LIGHT CO

Settlement establishes revenue requirement of $483,057,887 for AES Ohio base rates.
Return on equity set at 9.999% on rate base of $1,252,367,202 with 53.87% equity cap structure.
Evidentiary hearing before PUCO scheduled to begin September 9, 2025.
Residential customer charge set at $9.75; reconnection charges for residential customers eliminated.
Settlement includes $1 million annual shareholder-funded Gift of Power bill payment assistance.

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