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

September 30, 2014
CITY OF UPPER ARLINGTON EXCEEDS PARTICIPATION GOAL IN AEP OHIO'S COMMUNITY ENERGY SAVERS PROGRAM
UPPER ARLINGTON, Ohio, Sept. 25, 2014 - AEP Ohio, a unit of American Electric Power (NYSE: AEP), has announced the city of Upper Arlington has successfully completed its participation goal in the AEP Ohio Community Energy Savers program, an innovative energy efficiency pilot program.

September 30, 2014
UTILITIES ANNOUNCE FIRST STEP IN TRANSMISSION GRID IMPROVEMENT IN SOUTHEAST OHIO
GAHANNA, Ohio, Sept. 30, 2014 - Efforts to improve the reliability of electric service in southeastern Ohio could get started as early as this fall. AEP Ohio, AEP Ohio Transmission Company, Washington Electric Cooperative and Buckeye Power are announcing a preliminary schedule and defining three components of the Marietta Area Transmission Project.

September 25, 2014
RFP SEEK SHORT-TERM CAPACITY, ENERGY FOR AEP'S PUBLIC SERVICE COMPANY OF OKLAHOMA
Public Service Company of Oklahoma (PSO), a subsidiary of American Electric Power (NYSE: AEP), is issuing a Request for Proposals for up to 250 megawatts of peaking capacity and associated energy for a term of up to five years beginning June 1, 2016.

September 24, 2014
VILLAGE OF AMESVILLE EXCEEDS PARTICIPATION GOAL IN AEP OHIO'S COMMUNITY ENERGY SAVERS PROGRAM
AMESVILLE, Ohio, September 24, 2014 - AEP Ohio, a unit of American Electric Power (NYSE: AEP) has announced that the village of Amesville has exceeded its participation goal in Community Energy Savers, 6 weeks ahead of their deadline.

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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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