About Our Business

How We Are Structured

Our principal business is the generation, transmission and distribution of electric power. We serve more than 5.3 million customers in our regulated businesses and approximately 215,000 through our retail energy unit. AEP’s business was restructured in 2013 to accommodate an expansion of our competitive business segment required by the Public Utilities Commission of Ohio and to better execute our strategy for growth in our regulated companies. We completed the restructuring as we continued to navigate the major transformation our industry is undergoing.

AEP operates approximately 37,600 megawatts of generating capacity in 10 states, one of the largest complements of generation in the United States. 61 percent of AEP’s owned generating capacity is coal-fueled; natural gas makes up the second largest fuel resource. AEP will retire approximately 6,600 MW of coal-fueled capacity by 2016.

Our Strategy for Growth

AEP's strategy for growth is to invest capital in our regulated companies. Our investments in transmission and distribution improve reliability for customers and operational efficiencies of the grid, and provide a pathway to market for renewable energy.

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