American Electric Power

2014 Corporate Accountability Report

We Have the Future in Focus

Safe, reliable and affordable energy has long been the backbone of America’s economy, delivering comfort to customers, a competitive edge to businesses and a quality of life that others emulate. To ensure a secure energy future, we need a diverse resource mix.

At AEP, we have the future in focus.

2026 Projected AEP Owned Generating Capacity by Fuel

Performance

In many ways, the electric grid is a social safety net. Our strategy will strengthen this safety net to improve quality of life, customer satisfaction and system reliability, and provide our employees with a safe and engaging workplace.

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People

To grow our business, enhance the experience our customers have with AEP, and build, maintain and operate a modern grid, we rely on our employees to carry us forward.

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Utility of the Future

We are fundamentally changing how we operate and manage our business. Substantial technological and structural shifts within the energy landscape are driving us to build a new model for the future.

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AEP's Plan for Sustainable Growth

The Value of Electricity

Building the Utility of the Future

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News & Announcements

February 23, 2018
FLOODING EVENT UPDATE: 11 A.M.
Indiana Michigan Power's Berrien Springs Hydroelectric dam on the St. Joseph River is still in a high flow emergency (the lowest emergency level) and I&M continues to work with local emergency management officials.

February 23, 2018
FLOODING EVENT UPDATE: 2:30 A.M.
With decreased flows and lower pond elevations at the Buchanan Hydroelectric Dam, Indiana Michigan Power has notified Emergency Response agencies the previously declared high flow event at Buchanan Reservoir is no longer in effect.

February 22, 2018
AEP OHIO ANNOUNCES FINAL STEP OF BARNESVILLE AREA IMPROVEMENTS
AEP Ohio and its affiliate, AEP Ohio Transmission Company Inc., are beginning the final phase of improvements to electric service in Barnesville, Ohio, and the surrounding area.

February 22, 2018
FLOODING EVENT UPDATE: 11 A.M.
Heavy rain combined with snow melt brought the St. Joseph River in southwest Michigan and north-central Indiana to record levels, producing flooding that required some customers to be disconnected and affecting the six hydro-electric dams I&M operates on the river.

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A Sustainable Future

In many ways, the electric grid is a social safety net. Our strategy will strengthen this safety net to improve quality of life, customer satisfaction and system reliability.

Materiality

AEP conducted a materiality assessment in 2012 to ensure that we are reporting on sustainability issues that are of importance to our stakeholders and our business. This assessment was compared with the material risks of the company to validate relevance and importance. AEP's reporting is guided by the Global Reporting Initiative and the International Integrated Reporting Council.

Read more about AEP's materiality survey

Statement of the AEP Board of Directors

The AEP Board of Directors has assigned responsibility for monitoring and overseeing the company's sustainability initiatives to the Board's Committee on Directors and Corporate Governance. This is the fifth year AEP has integrated its sustainability reporting with financial reporting. The Committee fully supports this approach. Stakeholders have expressed approval and appreciation for AEP's leadership with this integrated approach to corporate reporting.

Read the AEP Board of Directors Statement

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