DPL Joins Alliance Regional Transmission Organization.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Dec. 1, 2000 DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. (NYSE NYSE See: New York Stock Exchange :DPL) announced today that it has signed the agreement to become a member of the Alliance Regional Transmission Organization Please help recruit one or [ improve this article] yourself. See the talk page for details. (RTO (Recovery Time Objective) The amount of time a computer system or application can stop functioning before it is considered intolerable to the enterprise. It can be computed to be from seconds to days, depending on how critical the application is to the organization. ). DPL previously announced its plans to join the Alliance RTO on October 16, 2000 in a filing with the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. . "The Alliance RTO will maintain the reliability and affordability that has been built into the DPL system over the last ninety years," stated Allen Hill, President and Chief Executive Officer of DPL Inc. "We reviewed a number of alternatives and decided that the Alliance RTO was the best option for our customers." Other members of the Alliance RTO include American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. , Commonwealth Edison, Consumers Energy, Detroit Edison, Dominion Virginia Power Dominion Virginia Power is a power company located in the state of Virginia. The company's foundings date back to the beginnings of the United States and include such luminaries as James Madison and George Washington. Even after a proposed rate increase of 3. and FirstEnergy. In total, Alliance members own more than 50,000 miles of transmission lines serving 35 million customers over a 140,000 square mile area. DPL Inc. is a diversified regional merchant energy company. DPL's principal subsidiaries include DPL Energy and The Dayton Power and Light Company (DP&L). DPL Energy operates 3,500 megawatts of generation capacity and markets wholesale energy throughout the eastern half of the United States. DP&L provides electric services to 500,000 retail customers in West Central Ohio. DPL Inc., through its subsidiaries, has ranked among the top ten energy companies in generation efficiency and productivity for the last ten years. Further information on DPL Inc. can be found at www.dplinc.com. This press release may contain certain forward-looking statements regarding plans and expectations for the future. Investors are cautioned that actual outcomes may vary materially from those projected due to various factors beyond DPL's control. Such matters are described in the Company's 1999 Annual Report and Form 10-K and Form 10-Q for the quarter ending September 30, 2000. |
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