DPL LLC Files 8-K for Material Definitive Agreement

TL;DR

DPL LLC signed a big deal, filing an 8-K on Aug 13, 2025.

AI Summary

On August 13, 2025, DPL LLC entered into a Material Definitive Agreement. The filing also includes financial statements and exhibits related to this agreement. The company's previous name was DPL Inc., and it was formerly known as Dayton Power & Light Co.

Why It Matters

This filing indicates a significant new contract or transaction for DPL LLC, which could impact its operations and financial standing.

Risk Assessment

Risk Level: medium — Material Definitive Agreements can introduce new risks or opportunities that are not yet fully understood.

Key Players & Entities

• DPL LLC (company) — Filer
• Dayton Power & Light Co (company) — Former Company Name
• DPL Inc. (company) — Former Company Name
• August 13, 2025 (date) — Date of Material Definitive Agreement

FAQ

Key Financial Figures

• $483,057,887 — ld: Establish a revenue requirement of $483,057,887 for AES Ohio's base rates for electric
• $1,252,367,202 — ng-term debt of 4.49% on a rate base of $1,252,367,202, inclusive of certain assets that are c

Filing Documents

• dp233039_8k.htm (8-K) — 38KB
• dp233039_ex1001.htm (EX-10.1) — 98KB
• image_001.jpg (GRAPHIC) — 5KB
• 0000950103-25-010274.txt ( ) — 369KB
• dpl-20250813.xsd (EX-101.SCH) — 3KB
• dpl-20250813_def.xml (EX-101.DEF) — 26KB
• dpl-20250813_lab.xml (EX-101.LAB) — 35KB
• dpl-20250813_pre.xml (EX-101.PRE) — 24KB
• dp233039_8k_htm.xml (XML) — 6KB

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. On August 13, 2025, The Dayton Power and Light Company, doing business as AES Ohio ("AES Ohio"), a subsidiary of DPL LLC ("DPL") and The AES Corporation, entered into an unopposed Stipulation and Recommendation (the "Settlement") with various intervening parties and the Staff of the Public Utilities Commission of ("PUCO") with respect to AES Ohio's pending rate case for electric distribution service at the PUCO. The Settlement provides for updated base rates for electric distribution service customers in AES Ohio's service territory and is subject to, and conditioned upon, approval by the PUCO. Along with setting updated rates, the Settlement, if approved, would: Establish a revenue requirement of $483,057,887 for AES Ohio's base rates for electric distribution service. Provide for a return on equity of 9.999% and a cost of long-term debt of 4.49% on a rate base of $1,252,367,202, inclusive of certain assets that are currently recovered through the company's existing Distribution Investment Rider and based on a capital structure of 53.87% equity and 46.13% long-term debt. The PUCO has set the evidentiary hearing to begin on September 9, 2025. The foregoing description of the Settlement is qualified in its entirety by reference to the Settlement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference. AES Ohio's distribution rate case docket, which includes a copy of the Settlement, is available at the website of the PUCO at www.puco.ohio.gov by searching Case No. 24-1009-EL-AIR. The information on the website of the PUCO is not incorporated herein.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit 10.1* Stipulation and Recommendation dated August 13, 2025. Exhibit 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. *Pursuant to Item 601(a)(5) of Regulation S-K, exhibits and schedules (and similar attachments) have been omitted. DPL LLC and AES Ohio each agrees to furnish, supplementally, a copy of any omitted schedule or exhibit to the Securities and Exchange Commission upon request by the Commission.

Forward-Looking Statements

Forward-Looking Statements This current report contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding management's intents, beliefs, and current expectations and typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "would," "intend," "believe," "project," "estimate," "plan" and similar words. Such forward-looking statements include, without limitation, statements with respect to return on and recovery of costs and expenses, the making of regulatory applications and filings, timing of hearings and approvals, strategic objectives, management's expectations, or other anticipated matters in connection with the Settlement and its effects, including those on DPL's or AES Ohio's financial performance and condition. Forward-looking statements are not intended to be a guarantee of future results but instead constitute DPL's and AES Ohio's current expectations based on reasonable assumptions. These assumptions include, but are not limited to, our expectations regarding timing of events, accurate projections of market conditions and regulatory rates, future interest rates, commodity prices, continued operating performance and electricity volume at distribution companies, as well as achievements of planned productivity improvements and growth investments at expected rates of return. Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties, and other factors. Important factors that could affect actual results are discussed in DPL's and AES Ohio's filings with the Securities and Exchange Commission (the " SEC "), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in DPL's and AES Ohio's 2024 Annual Report on Form 10-K and in subse

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DPL LLC Date: August 13, 2025 By: /s/ Brian Hylander Name: Brian Hylander Title: Vice President, General Counsel and Secretary The Dayton Power and Light Company d/b/a AES Ohio Date: August 13, 2025 By: /s/ Brian Hylander Name: Brian Hylander Title: Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR