You have reached your limit of free articles this month.

Enjoy unlimited access to SpringfieldNewsSun.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.

X

Welcome to SpringfieldNewsSun.com

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

breaking news

Ohio man accused of trying to join ISIS in Syria

DP&L to shut down 2 Ohio plants


Dayton Power and Light Co. will shut down two power plants in a rural Southern Ohio county, according to a company statement.

The company announced two power-generation plants in Adams County will shut down by June 2018. The plants — known as J.M. Stuart and Killen stations — are not “economically viable beyond mid-2018,” according to DP&L.

The Dayton Daily News first reported earlier this year that the company announced its intention to close the plants in a January filing with the Public Utilities Commission of Ohio. The rumors have caused communities near the plants to voice their concerns.

EYES IN THE SKY : From above, DP&L copters inspect for damage

“There’s a huge financial impact headed our way, and frankly, it doesn’t feel like our concerns are being heard, in either Dayton or Columbus,” Michael Pell, president of First State Bank in Winchester, Ohio, told this news organization.

The plants generate about $3.8 million annually in property taxes to the county and local entities, and DP&L owns 5,500 acres in Adams County. The plants have about 490 employees, with an additional 200 contracting employees. The annual payroll is more than $30 million.

RELATED : Citing financial ‘threats,’ DP&L seeks new charges

“DP&L recognizes the extent of the impact and uncertainty this decision creates for our people. The Company is fully committed to proactively managing workforce transitions related to the closure of these generation units,” a company statement said.

FIVE FAST BUSINESS READS

Elder-Beerman parent company to close stores after revenue loss

Dayton Foundation assets exceed $505 million

5 things to know about Bargain Hunt opening

Price Stores building in downtown sold to investor

What’s a sushi doughnut? Lebanon restaurant now offering new menu item



Reader Comments ...


Next Up in Business

5 things to know about Meijer home delivery
5 things to know about Meijer home delivery

Meijer’s home delivery starts today in the Miami Valley, allowing customers to shop for more than 55,000 items online. The service will cover 2,100 square miles including Miamisburg, Middletown, Lebanon, Huber Heights, Englewood, Springfield and Troy, acccording to the company. That’s more than 415,000 houses that can be serviced by Meijer&rsquo...
Booted from a Delta flight? You could get $10,000 as payment
Booted from a Delta flight? You could get $10,000 as payment

Delta is now letting employees offer customers almost $10,000 in compensation if passengers give up their seats on overbooked flights. The decision comes after a disastrous month for United Airlines when a passenger was dragged off of an overbooked flight. The passenger, David Dao, was left bloodied and injured after being forcibly removed. Several...
Days by the pool: Is it worth the cost?
Days by the pool: Is it worth the cost?

Every year as summer approaches, families think about adding pools to their backyards. Before your kids talk you into installing one, you should consider the financial implications. Better Business Bureau advises you: Do your research before installing your own pool. Ask yourself why you want a pool Consider these questions: Why do you want a pool?...
Chipotle investigating credit card data breach
Chipotle investigating credit card data breach

Chipotle Mexican Grill is investigating a data breach in its payment processing system, after reporting a sharp increase in sales. The fast-casual restaurant said it recently detected unauthorized activity on its network that supports the payment system. Chipotle said the transactions occurred between March 24 and April 18, and the company believes...
RETAIL APOCALYPSE: More than 8,600 stores could close in 2017
RETAIL APOCALYPSE: More than 8,600 stores could close in 2017

More than 8,600 stores could close in 2017, a record estimate of closures compared to recent years. A new research report from brokerage firm Credit Suisse estimated that more than 8,600 stores will close this year, up from the 2,065 that closed last year and the 5,077 store closures in 2015. Major retailers across the country have taken a hit...
More Stories