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

April 24, 2015
APPALACHIAN POWER TO USE HELICOPTERS TO MAINTAIN SOME POWER LINE RIGHTS OF WAY
Beginning on or about June 1, Appalachian Power, a unit of American Electric Power (NYSE: AEP), will maintain the rights of way for some power lines in West Virginia by applying herbicides by helicopter.

April 23, 2015
AEP REPORTS STRONG FIRST-QUARTER 2015 EARNINGS, DRIVEN BY SOLID PERFORMANCE IN REGULATED AND COMPETITIVE BUSINESSES

  • First-quarter 2015 earnings $1.29 per share GAAP and $1.28 per share operating
  • Company reaffirms 2015 operating earnings guidance range of $3.40 to $3.60 per share

April 23, 2015
EPA RECOGNIZES AEP OHIO AND COLUMBIA GAS OF OHIO WITH 2015 ENERGY STAR® PARTNER OF THE YEAR SUSTAINED EXCELLENCE AWARD AND MARKET LEADER AWARD
GAHANNA, Ohio - April 23, 2015 - The U.S. Environmental Protection Agency (EPA) has recognized AEP Ohio, a unit of American Electric Power (NYSE: AEP), and Columbia Gas of Ohio, a unit of NiSource Inc. (NYSE: NI), with a prestigious 2015 ENERGY STAR® Partner of the Year - Sustained Excellence Award and a Market Leader Award for their continued leadership in protecting the environment through superior energy efficiency.

April 21, 2015
AEP'S INVESTMENT IN CORE, REGULATED OPERATIONS SUPPORTING EARNINGS GROWTH, SHAREHOLDERS LEARN AT COMPANY'S ANNUAL MEETING
American Electric Power continues to deliver shareholder value through a long-term growth strategy focused on investment in the company's core regulated operations, according to Nicholas K. Akins, AEP's chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Columbus, Ohio.

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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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