Home Fast Facts Chairmans Message Our Issues Reporting Investors Stakeholders Participate Contact Us
Our vision for sustainability
American Electric Power will be an energy leader through programs and technologies that protect people, manage our impacts on the environment, promote energy efficiency, provide for customer control over electricity usage and provide for greater access to renewable forms of energy and advanced clean energy technologies. We will work with our regulators and other stakeholders to achieve this through an approach that maximizes the positive economic, social and environmental impacts of our operations.
Company Overview 2010

American Electric Power has been providing electric service for more than 100 years and is one of the nation’s largest electric utilities, serving 5.3 million customers in 11 states.

Revenues (in billions) $ 14.4
Net Income (in millions) $ 1,2111
Earnings Per Share $ 2.53
Cash Dividends Per Share $ 1.71
Service Territory 200,000 square miles
Transmission 39,000 miles
Distribution 220,000 miles
Generating Capacity 39,000 MW 2
Generating Stations 69
Renewable Portfolio (hydro) 364 MW3
Pumped Storage 586 MW4
Renewable Portfolio (wind, solar) 1,504 MW5
Total Kilowatt-hour Sales (millions) 206,000
Total Assets (in billions) $ 50.5
U.S. Customers (in millions) 5.3
  1. Generally Accepted Accounting Principles
  2. Represents nominal capacity; includes 270 MW of mothballed/decommissioned generation, AEP’s interest in Ohio Valley Electric Corp., purchased power agreements and renewables
  3. Excludes pumped storage; includes owned capacity and purchased power
  4. nominal capacity
  5. Regulated wind capacity online or under contract

AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).

The company is based in Columbus, Ohio.

 

Economic Impact

Employees (year-end) 18,712
Wages $1.8 billion
Construction Expenses $2.3 billion 1
Local Taxes $489 million
State Taxes $361 million
Federal Taxes $326 million
Goods & Services (not fuel) $3.6 billion
Goods & Services from Diverse Suppliers $340 million
Remain Value of All Contracts $1.04 billion2
Coal Purchased (tons) 64.6 million
Coal Average Purchase Price $44.82/ton
Corporate Giving $23.7 million3
Economic Development Contributions $2.7 million4
All numbers are rounded
  1. Construction Expenses include those expenses listed in the Cash Flow Statement
  2. Supply chain purchased contracts and inventory system
  3. Includes $11.8 million of AEP Foundation grants
  4. Includes all grants and contributions by utility units to support economic development
fuel mix
energy charts