CORRECTING and REPLACING Dayton Power and Light Awards $686,574 in Energy Efficiency Rebates to 12 Miami Valley School Districts

DAYTON, Ohio--(BUSINESS WIRE)--

Second paragraph, last sentence of release dated 5/3/16, should read: The initiative has saved more than 9,000,000 kilowatt hours. (instead of The initiative has saved more than 9,000,000 kilowatts.)

Corrected release reads:

DAYTON POWER AND LIGHT AWARDS $686,574 IN ENERGY EFFICIENCY REBATES TO 12 MIAMI VALLEY SCHOOL DISTRICTS

More Miami Valley schools save on energy costs through the On Board program

The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation AES, awarded a second round of energy efficiency rebates to 12 Miami Valley school districts made possible by the On Board program.

On Board, a partnership between DP&L, Waibel Energy Systems and the Southwestern Ohio Educational Purchasing Council, worked with 32 Miami Valley school districts to enable them to achieve energy savings without investments of capital improvements or new equipment. Earlier this year, DP&L presented an additional $307,000 in energy efficiency rebates to 13 districts that accumulated energy savings. Today's event awards $686,574 in energy efficiency rebates for the remaining school districts earning rebates, including the largest saving districts of Dayton City Schools and Beavercreek City Schools. The initiative has saved more than 9,000,000 kilowatt hours.

On Board is unique because it uses simple energy-saving measures recommended by Waibel Energy Systems, such as programming boilers more effectively, reducing heating/cooling based on occupancy and using energy meters to improve load shedding during nights, weekends, holidays and snow days. DP&L contracted with Heapy Engineering to verify the results and calculate the energy efficiency rebates.

"Since the pilot program in 2013, DP&L, Waibel and the Southwestern Ohio Educational Purchasing Council have worked pro-actively to determine the smartest and simplest ways to help school districts cut their energy costs while striving to maintain quality educational outcomes," said Tom Raga, President and CEO of DP&L. "DP&L believes the On Board program has demonstrated its value for both our educational partners, the community and the environment."

The 12 schools receiving DP&L energy efficiency rebates today include Beavercreek City Schools, Dayton City Schools, Dayton Christian Schools, Fort Loramie Local Schools, Franklin Monroe Local Schools, Marysville Exempted Village Schools, Mechanicsburg Exempted Village Schools, Miamisburg City Schools, Montgomery County Board of Developmental Disabilities Services, Montgomery County Educational Service Center, New Lebanon Local Schools, and Tecumseh Local Schools.

The school program is part of DP&L's ongoing energy efficiency efforts for customers, which also include rebates on new heat pumps and air conditioners, discounts on energy efficient lighting and rebates for business customers. See more energy efficiency measures at www.dpandl.com/save.

About The Dayton Power and Light Company and AES

The Dayton Power and Light Company is the principal subsidiary of DPL Inc. (DPL), a regional energy provider and an AES company. DPL's other significant subsidiaries include AES Ohio Generation, LLC, Miami Valley Insurance Company (MVIC), and Miami Valley Lighting, LLC (MVLt). The Dayton Power and Light Company, a regulated electric utility, provides service to over 515,000 customers in West Central Ohio; AES Ohio Generation, LLC engages in the operation of merchant peaking generation facilities; MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries, and MVLt maintains outdoor lighting to governments and businesses. DPL, through its subsidiaries, owns and operates approximately 3,000 megawatts of generation capacity, of which 2,000 megawatts are coal-fired units and 1,000 megawatts are solar, natural gas, battery storage and diesel peaking units. For more information about the company, please visit www.dplinc.com. Connect with DP&L at www.twitter.com/dpltoday, www.linkedin.com/company/dayton-power-and-light, and at www.facebook.com/DPLToday.

The AES Corporation AES is a Fortune 200 global power company. We provide affordable, sustainable energy to 17 countries through a diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 21,000 people is committed to operational excellence and meeting the world's changing power needs. AES' 2015 revenues were $15 billion and AES owns and manages $37 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.

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