Property, Plant and Equipment

12 Months Ended

Dec. 31, 2024

PROPERTY, PLANT AND EQUIPMENT

The following is a summary of DPL’s Property, plant and equipment with corresponding composite depreciation rates at December 31, 2024 and 2023:


	December 31, 2024			December 31, 2023
$ in millions			Composite Rate			Composite Rate
Regulated:
Transmission	$	759.9	2.0%	$	505.3	2.5%
Distribution	2,044.7		3.3%	1,860.9		3.5%
General	20.0		5.6%	19.3		5.9%
Non-depreciable	112.0		N/A	99.5		N/A
Total regulated	2,936.6			2,485.0
Unregulated:
Other	35.6		3.5%	31.3		4.1%
Non-depreciable	5.4		N/A	5.6		N/A
Total unregulated	41.0			36.9
Total property, plant and equipment in service	2,977.6		2.9%	2,521.9		3.2%
Less: accumulated depreciation	(571.7)			(535.1)
	2,405.9			1,986.8
Construction work in process	165.5			234.2
Property, plant and equipment, net	$	2,571.4		$	2,221.0

PROPERTY, PLANT AND EQUIPMENT

The following is a summary of AES Ohio’s Property, plant and equipment with corresponding composite depreciation rates at December 31, 2024 and 2023:


	December 31, 2024			December 31, 2023
$ in millions			Composite Rate			Composite Rate
Regulated:
Transmission	$	899.1	1.7%	$	648.0	2.0%
Distribution	2,453.9		2.8%	2,283.4		2.9%
General	32.3		3.4%	32.2		3.5%
Non-depreciable	112.0		N/A	99.6		N/A





Total property, plant and equipment in service	$	3,497.3	2.4%	$	3,063.2	2.6%
Less: accumulated depreciation	(1,115.5)			(1,098.1)
	2,381.8			1,965.1
Construction work in process	164.4			230.8
Property, plant and equipment, net	$	2,546.2		$	2,195.9