American Electric Power

2013 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.

2020 Projected AEP Owned Generating Capacity by Fuel

Energy

In addition to traditional fuels such as coal and natural gas, we also see transmission, smart grid and energy efficiency as vital parts of our resource mix.

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Economy

We are advocating for federal resources to assist in retooling local economies as we also explore ways to reuse retired coal plants or plant sites.

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Environment

Compliance is the foundation of our environmental efforts. We also set voluntary targets. Overall, our performance is very good.

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AEP's CEO on Sustainability

The Value of Electricity

AEP Overview

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News & Announcements

April 22, 2014
AMERICAN ELECTRIC POWER DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 50 cents a share on the company's common stock.

April 22, 2014
AEP INVESTING IN OPERATING COMPANIES, TRANSMISSION BUSINESS TO SUPPORT EARNINGS GROWTH, SHAREHOLDERS LEARN AT COMPANY'S ANNUAL MEETING
American Electric Power is successfully executing its long-term earnings growth strategy, investing in the company's utility operations and building its transmission business to support an annual earnings growth rate of 4 percent to 6 percent, according to Nicholas K. Akins, AEP's chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Fort Wayne, Ind.

April 22, 2014
AEP SUBSIDIARY APPALACHIAN POWER TO REDEEM SENIOR NOTES
Appalachian Power Company, a public utility subsidiary of American Electric Power, today announced that on May 22, 2014, it will redeem the entire outstanding $200 million principal amount of its 4.95 percent Senior Notes, Series I, due 2015. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption, plus the required make-whole premium.

April 21, 2014
SWEPCO'S COMMITMENT TO A CLEANER ENVIRONMENT: EARTH DAY, EVERY DAY
Activities on Earth Day remind us of the need for protecting our earth and practicing environmental consciousness in all aspects of life. SWEPCO's commitment to environmental quality is a stroing and ongoing one.

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AEP's Reporting Guidance

AEP conducted a materiality assessment in 2012 to better understand reporting expectations of the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board.

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 fourth 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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