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.

Learn More

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.

Learn More

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.

Learn More

AEP's Plan for Sustainable Growth

The Value of Electricity

Building the Utility of the Future

Loading video...
×

News & Announcements

January 23, 2015
KENTUCKY POWER RESPONDS TO KENTUCKY PSC FUEL CASE DECISION
Kentucky Power President and Chief Operating Officer Greg Pauley in response to Thursday's order from the Kentucky Public Service Commission:
"We are still reviewing the decision and determining next steps."

January 23, 2015
TRANSMISSION PROJECT TO RESULT IN FEWER LINES AND TOWERS IN KANAWHA STATE FOREST
Appalachian Power is beginning construction on the portion of its Kanawha Valley Area Transmission Reinforcement Project that passes through the Kanawha State Forest. The 138 kilovolt (kV) lines being replaced within the Kanawha State Forest boundaries consist of 49 structures along 11 miles of right-of-way. Once the existing facilities are removed and construction is complete, the line will occupy only 5.5 miles of right-of-way on 21 structures.

January 22, 2015
BILL REFUND CREDITS BEGIN JANUARY 25 FOR ELIGIBLE APPALACHIAN POWER CUSTOMERS IN VIRGINIA
Appalachian Power will start crediting a refund on the bills of its eligible Virginia customers beginning Jan. 25 and will continue monthly through July 2015. The refund is a result of the company's biennial rate filing and the final order from the Virginia SCC issued late last year.The average monthly credit for a residential customer using 1,000 kWh of electricity per month is $1.11, but individual credits will vary.

January 21, 2015
AMERICAN ELECTRIC POWER DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 53 cents a share on the company's common stock.

View more news from AEP

AEP on Twitter

Join the conversation

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

Use of this site constitutes acceptance of the AEP Terms and Conditions. © 1996-2015 American Electric Power. All Rights Reserved.