Dayton Power and Light has requested that a new “Distribution Modernization Rider” (DMR) provide it $145 million per year for seven years in non-bypassable riders (the customer cannot “shop” around the rider cost).
If the DMR is grossed up for taxes as it was in the recent PUCO-approved FirstEnergy proceeding, and assuming a 35% corporate tax rate, the request increases to $223.1 million annually. Multiplied by seven years, it would result in a total cost of $1.5 billion.
See how this proposed rider would affect manufacturers with varying electricity usage here. 10/27/2016