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

July 23, 2014
AEP OHIO ANNOUNCES COMMUNITY WINNERS IN ENERGY SAVERS PILOT PROGRAM
GAHANNA, Ohio, July 23, 2014 - AEP Ohio, a unit of American Electric Power (NYSE: AEP), has announced three communities have exceeded their participation goals in Community Energy Savers, an innovative, new energy efficiency pilot program. The three communities are the cities of Lima, Louisville and the Discovery District of Columbus, located in the eastern half of Downtown Columbus.

July 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.

July 18, 2014
AEP OHIO, BUCKEYE POWER AND WASHINGTON ELECTRIC COOPERATIVE REACH AGREEMENT
GAHANNA, Ohio, July 18, 2014 - AEP Ohio, a unit of American Electric Power (NYSE: AEP), Buckeye Power and Washington Electric Cooperative have reached an agreement to improve electric service reliability in the Marietta and surrounding area.

July 18, 2014
KENTUCKY POWER PROVIDES $200K IN GRANTS TO SPUR ECONOMIC DEVELOPMENT
Kentucky Power has awarded $200,000 in grants to three local entities in an effort to spur economic development in Eastern Kentucky.

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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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