American Electric Power

2014 Corporate Accountability Report - Previous

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

April 28, 2017
AEP GENERATION RESOURCES SEEKS BIDS FOR COAL
AEP Generation Resources Inc. (AEPGR), a competitive generation subsidiary of American Electric Power Company (NYSE: AEP), is seeking proposals for the supply of coal to one or more generating stations.

April 27, 2017
SWEPCO ANNOUNCES ELECTRIC TRANSMISSION INVESTMENT IN TEXARKANA
Southwestern Electric Power Company (SWEPCO) plans to rebuild approximately 11 miles of existing transmission line in the Texarkana area.

April 27, 2017
AEP OHIO WARNS OF PHONE SCAM TARGETING CUSTOMERS
GAHANNA, Ohio, April 27, 2017 - Scammers are at it again. They are hitting up AEP Ohio customers this week, demanding immediate payment. AEP Ohio, a unit of American Electric Power (NYSE: AEP), says beware and be suspicious of these demands.

April 26, 2017
AEP REPORTS 2017 FIRST-QUARTER EARNINGS; PERFORMANCE ON TRACK DESPITE MILD WEATHER FOR THE QUARTER

  • First quarter GAAP earnings $1.20 per share; operating earnings $0.96 per share
  • Company reaffirms 2017 operating earnings guidance
  • Strategic investments in regulated businesses support continued earnings growth

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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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