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DP&L Increases Rebate An Additional $10 For Appliance Recycling

Stocks in this article: AES

Now through the end of August, Dayton Power and Light (DP&L) will rebate an additional $10 to customers who recycle their old working refrigerators or freezers – bringing the total rebate from $40 to $50.

Since 2009, DP&L has been giving customers a rebate for recycling old working refrigerators and freezers as part of its energy efficiency programs. More than 15,000 inefficient appliances have been recycled.

Due to outdated technology, older refrigerators and freezers can use as much as two to three times more electricity than newer models built to higher energy efficiency standards. In addition to the $50 rebate, by removing the old model, customers may see a savings of up to $150 a year in electricity costs.

Recycling old and inefficient refrigerators and freezers also helps the environment. Nearly 100% of the materials in the old appliances are reclaimed and reused to manufacture new products while all hazardous materials are disposed of safely. Taking an old, large appliance out of use translates to keeping about five tons of carbon dioxide equivalents out of the air – similar to removing one car from the road for a year.

DP&L makes it simple to save by recycling your old, inefficient refrigerator or freezer with convenient pick-up at no cost. The additional incentive expires August 31 and returns to a $40 rebate on September 1.

For more information about DP&L’s appliance recycling program – visit our website. To have an old refrigerator or freezer picked up, simply call 1-877-545-4112. Appliances must be in working order and between 10-30 cubic feet – the standard size for most models.

See more energy efficiency measures at www.dpandl.com/save.

About The Dayton Power and Light Company and DPL Inc.The Dayton Power and Light Company is the principal subsidiary of DPL Inc. (DPL), a regional energy company. DPL’s other significant subsidiaries include DPL Energy, LLC (DPLE), Miami Valley Insurance Company (MVIC), and DPL Energy Resources, Inc. (DPLER), which also does business as DP&L Energy. The Dayton Power and Light Company, a regulated electric utility, provides service to over 515,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries, and DPLER is a competitive retail electric supplier. DPL, through its subsidiaries, owns and operates approximately 3,800 megawatts of generation capacity, of which 2,800 megawatts are coal-fired units and 1,000 megawatts are solar, natural gas and diesel peaking units. Further information can be found at www.dplinc.com.

DPL Inc. was acquired by The AES Corporation (NYSE: AES) in 2011. AES is a Fortune 200 global power company. It provides affordable, sustainable energy to 20 countries through a diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Its workforce of 17,800 people is committed to operational excellence and meeting the world's changing power needs. AES’ 2013 revenues were $16 billion and it owns and manages $40 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.

Copyright Business Wire 2010

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