Energy

2020

2021

2022

Owned Generation Capacity (MW)1

Total Owned Nameplate Generation Capacity

25,496

24,857

25,050

Coal

13,230

11,858

11,263

Natural Gas

7,684

7,615

7,613

Nuclear

2,288

2,296

2,296

Total Renewable Energy Resources

2,294

3,088

3,858

Hydroelectric

853

805

805

Solar

229

362

369

Wind

1,212

1,921

2,684

Other

0

0

20

Owned Net Generation (MWh)

Total Owned Net Generation

76,459,882

82,567,070

78,674,590

Coal

38,184,507

45,052,460

37,058,587

Natural Gas

14,175,228

13,077,646

14,740,697

Nuclear

18,268,937

17,960,716

16,621,031

Total Renewable Energy Resources

5,831,210

6,476,248

10,254,275

Hydroelectric

1,121,235

860,163

623,425

Solar

535,200

745,647

840,748

Wind

4,174,775

4,870,438

8,790,102

Purchased Net Generation (MWh)

Total Purchased Generation

18,069,220

16,425,967

17,309,059

Coal

4,410,801

4,549,389

6,763,991

Natural Gas

4,355,732

2,969,042

1,151,496

Total Renewable Energy Resources

9,302,687

8,907,536

9,393,572

Hydroelectric

234,869

139,780

212,325

Solar

11,825

24,183

80,972

Wind

9,055,993

8,743,573

9,100,275

Total Net Generation (MWh)

Total Net Generation for the Data Year

94,529,102

98,993,037

95,983,649

Coal

42,595,308

49,601,849

43,822,578

Natural Gas

18,530,960

16,046,688

15,892,193

Nuclear

18,268,937

17,960,716

16,621,031

Total Renewable Generation

15,133,897

15,383,784

19,647,847

Hydro

1,356,104

999,943

835,750

Solar

547,025

769,830

921,720

Wind

13,230,768

13,614,011

17,890,377

Facility Energy Performance

Facility Energy Consumption (KWh)

125,005,335

104,334,588

100,582,993

Percent Reduction since 2007 Baseline

35%

38%

38%

Grid Reliability

2020

2021

2022

Grid Overview

Transmission Lines

~40,000

~40,000

~40,000

Distribution Lines

~223,000

~224,000

~225,000

Reliability1

System Average Interruption Duration Index (SAIDI) (Minutes)

231.80

238.50

269.90

System Average Interruption Frequency Index (SAIFI) - Number of Interruptions

1.47

1.47

1.54

Customer Average Interruption Duration Index (CAIDI) (Minutes)

158.00

161.80

175.00

Customer Average Interruption Frequency (CAIFI) (Minutes)

2.19

2.21

2.31

Average System Availability Index (ASAI)

99.96%

99.96%

99.95%

Customer

2020

2021

2022

Customers1

Residential

4,709,111

4,735,221

4,755,584

Commercial

721,900

732,211

736,491

Industrial

46,576

45,741

45,189

Other

30,183

30,294

30,599

Total

5,507,770

5,543,467

5,567,863

Customer Energy Efficiency Programs & Smart Meters

Percent of Smart Meters Deployed

60%

63%

72%

Total Investment in Energy Efficiency Programs

$150,299,080

$95,681,983

$86,806,298

Incremental Annual Electricity Savings from Energy Efficiency Measures (MWh)

1,148,334

406,737

349,952

Annual Demand Savings (MW)

320

197

183

Avoided CO2 Emissions (Metric Tons)

477,475

204,621

202,287

Number of Residential Customers Participating in Energy Efficiency Programs

1,034,389

266,526

331,644

Customer Disconnects2

Customer Disconnects

265,204

418,328

497,774

Customer Reconnects within 7 Days

206,391

340,595

413,928

Residential Customer Disconnects

252,456

402,779

484,471

Residential Customer Reconnects within 7 Days

197,963

328,516

399,258

Customers Assistance

Residential Energy Affordably Transactions

580,182

621,456

713,893

Energy Assistance Funds Provided to Low-Income Customers

~$91.7 million

~$134.8 million

~$218.1 million

Number of Agency Pledges made Online

24,286

31,174

59,149

Amount Contributed to Agency Pledges for Energy Assistance

~$6.7 million

~$15.2 million

~$25,56 million

Economic

2020

2021

2022

Financial Data

Total Revenue

$14.92 billion

$16.79 billion

$19.64 billion

Total Assets

$80.8 billion

$87.7 billion

$94 billion

Total Annual Capital Expenditures/Investments (Nominal Dollars)

$5,893 million

$6,547 million

$7,982 million

Taxes Paid

Local & State

$1,303 million

$1,391 million

$1,530 million

Federal1

$70 million

$69 million

$246 million

Earnings Performance

Earnings per Share (GAAP)

$4.44

$4.97

$4.51

Operating Earnings per Share

$4.44

$4.74

$5.09

Cash Dividends per Common Share

$2.84

$3.00

$3.17

Economic & Business Development

Jobs Supported by AEP's Economic & Business Development

29,808

37,899

22,998

Economic Development Contributions

$1,901,036

$1,350,022

$1,177,399

Amount Spent on Employee Wages

$1.8 billion

$1.95 billion

$2.99 billion

Supplier Diversity

2020

2021

2022

Total Supplier Spend

$6.5 billion

$6.7 billion

$8.5 billion

Managed Spend (Procurement Spend)

–

$5.78 billion

$7.37 billion

Diverse Supplier Spend

$653 million

$705 million

$887 million

Diverse Supplier Spend Percent1

10%

12%

12%

Local Based Supplier Spend2

$3.4 billion

$3.4 billion

$4.1 billion

Local Based Supplier Spend Percent3

53%

51%

48%

Small Business Supplier Spend

$993 million

$964 million

$1.3 billion

Small Business Spend Percent3

15%

14%

15%

Emissions

2020

2021

2022

Scope 1 Emissions Breakdown1

CO2 (MT)

44,369,322

50,790,329

45,079,826

SO2 (MT)

29,720

33,987

29,819

SO2 (US Ton)

32,761

37,465

32,869

SO2 (Lbs)

65,521,727

74,928,901

65,738,948

NOx (MT)

23,990

26,926

25,775

NOx (US Ton)

26,445

29,681

28,412

NOx (Lbs)

52,889,173

59,362,878

56,824,435

Mercury Emissions to Air (Lbs)2

213

256

191

Mercury Emissions to Air (kg)2

96

116

87

Total Scope 1 GHG Emissions (MT CO2e)

49,642,532

56,401,080

51,099,948

CO2 (MT)

48,807,820

55,612,321

50,678,735

N2O (MT CO2e)

194,305

225,739

200,497

CH4 (MT CO2e)

141,581

163,629

146,796

SF6 (MT CO2e)

498,826

399,391

73,920

Water

2020

2021

2022

Total Water Withdrawal1

Total Water Withdrawal (Millions of Gallons/day)

4,022

4,276

2,481

Total Water Withdrawal (Millions of Gallons/year)

1,471,962

1,560,629

905,689

Total Water Withdrawal (Billions of Liters/year)

5,572

5,908

3,428

Water Withdrawal by Source Breakdown

Surface Water Withdrawal (Millions of Gallons/day)2

4,017

4,272

2,476

Surface Water Withdrawal (Millions of Gallons/year)2

1,470,203

1,559,368

903,816

Surface Water Withdrawal (Millions of m3/year)2

5,565

5,903

3,421

Groundwater (m3/year)

5,324,059

3,975,163

5,075,675

Other (m3/year)3

1,335,417

794,646

1,595,492

Water Discharge4

Total Water Discharge (Millions of Gallons/day)

3,873

4,119

2,424

Total Water Discharge (Millions of Gallons/year)

1,417,526

1,503,402

884,841

Total Water Discharge (Billions of Liters/year)

5,366

5,691

3,349

Water Consumption5

Total Water Consumption (Millions of Gallons/day)

140

161

58

Total Water Consumption (Millions of Gallons/year)

55,840

58,702

21,079

Total Water Consumption (Billions of Liters/year)

211

222

80

Water Intensity6

Water Withdrawal Intensity (Gallons/net MWh)7

21,870

20,736

13,493

Water Withdrawal Intensity (Billions of Liters/net MWh)7

0.00007

0.00008

0.00005

Consumptive Water Use Intensity (Gallons/net MWh)8

830

780

314

Consumptive Water Use Intensity (Billions of Liters/net MWh)8

0.00000319

0.00000295

0.000001

Non- Consumptive Water Use Intensity (Gallons/net MWh)9

41,590

37,917

13,183

Non- Consumptive Water Use Intensity (Billions of Liters/net MWh)9

0.00008

0.00014

0.00005

Waste

2020

2021

2022

Facility Waste Generation1

Recycled Scrap Metal Waste (Lbs)

40,685,181

39,321,951

37,563, 314

Batteries Recycled (Lbs)

171,545

176,880

64,645

Electronic Waste Recycled( Lbs)

28,183

18,857

11,908

Light Bulbs Recycled (Lbs)

26,727

51,441

38,746

Recycled Used Oil (Gallons)

273,994

233,325

389,894

Coal Combustion Products

Total CCPs Generated (US Tons)

2,908,761

3,439,697

2,791,489

CCPs Diverted from Landfill (US Tons)

1,019,205

1,069,923

1,197,682

CCP Avoided Disposal Costs

–

$17,829,733

$20,131,599

CCP Revenues Generated

–

$11,938,635

$12,084,787

CCP Diverted from Landfill Percent

35%

31%

43%

Biodiversity

2020

2021

2022

Mitigation Required Acres Enhanced or Restored Supporting Natural Habitat & Biodiversity

29,750

29,752

30,180

Voluntary Acres Enhanced or Restored Supporting Natural Habitat & Biodiversity

251,060

251,115

253,668

Mitigation Required Acres Enhanced or Restored Supporting Pollinator Habitat & Biodiversity

24

27

107

Voluntary Acres Enhanced or Restored Supporting Pollinator Habitat & Biodiversity

246

260

262

Workforce

2020

2021

2022

Employee Type

Total Number of Employees

16,864

16,688

16,974

Number of Full-time Employees

16,840

16,658

16,940

Number of Part-time Employees

24

30

34

Number of Represented Employees

4,015

3,836

3,846

Number of Veteran Employees

1,706

1,654

1,640

Percent of Veteran Employees

10%

10%

10%

Percent of Veteran New Hires

6%

7%

7%

Total Number of Professionals

5,600

5,701

5,859

Total Number of First/Mid Level Officials

2,943

2,982

3,142

Total Number of Executive/Senior Level Officials

232

229

225

Workforce Demographics

Traditionalists (1945 & Before)

0.088%

0.07%

0.06%

Baby Boomers (1946–1964)

27%

24%

20%

Generation X (1965–1980)

37%

37%

37%

Millennials (1981–1996)

34%

36%

38%

Generation Z (1997 & Beyond)

1%

2%

5%

Workforce Diversity

Total Female Employees

3,325

3,340

3,455

Percent of Female Employees

20%

20%

20%

Number of Female Professionals

1,535

1,604

1,673

Percent of Female Professionals

–

28%

29%

Number of Female Officials & Managers

494

517

556

Percent of Female Officials & Managers

–

18%

18%

Number of Female Employees in an Executive/Senior Level Position

44

50

54

Percent of Female Employees in an Executive/Senior Level Position

–

22%

24%

Total Minority Employees

3,187

3,240

3,433

Percent of Minority Employees

19%

19%

20%

Number of Minority Professionals

1,140

1,182

1,283

Percent of Minority Professionals

–

21%

22%

Number of Minority Officials & Managers

391

417

440

Percent of Minority Officials & Managers

–

14%

14%

Number of Minority Employees in an Executive/Senior Level Position

28

27

29

Percent of Minority Employees in an Executive/Senior Level Position

12%

12%

13%

Employee Development

Hours of Employee Training Tracked through Formal Training Programs (Hours)

775,500

719,528

951,320

Number of Employees who Participate in Tuition Reimbursement

–

575

1,033

Amount Spent on Tuition Reimbursement

2,042,634

2,003,269

$3,256,579

Number of Employees Receiving Career Development Reviews

–

11,962

10,985

Percent of Total Workforce Receiving Career Development Reviews

71.66%

71.68%

64.72%

Number of Female Workforce Receiving Career Development Reviews

–

2,976

2,965

Percent of Female Workforce Receiving Career Development Reviews

–

89%

86%

Number of Minority Workforce Receiving Career Development Reviews

–

2,526

2,280

Percent of Minority Workforce Receiving Career Development Reviews

–

78%

66%

Employee Opportunities/Promotions1

Total Number of Opportunities/Promotions

787

1,376

1,486

Opportunity/Promotion Rate2

4.7%

8.3%

8.9%

Total Opportunities/Promotions for Female Employees

175

312

365

Female Opportunities/Promotion Rate3

5.3%

9.3%

10.6%

Total Opportunities/Promotions for Minority Employees

156

272

311

Minority Opportunities/Promotion Rate4

4.9%

8.4%

9.1%

Employee Hires, Retention & Turnover

Total Hires

–

–

1,917

Total Female Hires

–

–

488

Female Hire Percent out of Total New Hires

–

–

25.5%

Total Diverse Hires

–

–

508

Diverse Hire Percent out of Total New Hires

–

–

26.5%

Combined Voluntary & Involuntary Employee Turnover Rate2

8.6%

10.0%

9.9%

Combined Voluntary & Involuntary Female Employee Turnover Rate3

–

–

10.7%

Combined Voluntary & Involuntary Minority Employee Turnover Rate4

–

–

10.2%

Total Employee Retention Rate2

–

–

90.1%

Female Employee Retention Rate3

–

–

89.3%

Minority Employee Retention Rate4

–

–

89.8%

Apprentices, Co-Ops & Internships

Transmission & Distribution Apprentices5

807

886

993

Total External Apprentices6

–

–

42

Total Co-op Students, Interns & High School Interns

–

112

127

Safety & Health

2020

2021

2022

Public Metrics

Public Fatalities due to Electrical Contacts

2

5

2

Employee Metrics

Employee DART Rate

0.310

0.430

0.424

Employee DART Incidents

–

75

76

Total Employee Recordable Incident Rate (TRIR)

0.576

0.648

0.719

Employee Lost Time Incident Rate (LTIR)

0.245

0.333

0.312

Employee Injury Severity Rate

15.284

19.113

16.132

Total Employee OSHA Recordable Events

106

113

129

Employee Fatalities

0

0

1

Contractor Metrics1

Contractor DART Rate

0.410

0.407

0.438

Contractor DART Incidents

–

61

74

Total Contractor Recordable Incident Rate (TRIR)

0.927

1.026

0.941

Contractor Lost Time Incident Rate (LTIR)

0.246

0.213

0.296

Total Contractor OSHA Recordable Events

147

154

159

Contractor Fatalities

3

0

1

Employee & Contractor Metrics1

Employee & Contractor DART Rate

0.356

0.419

0.430

Combined Employee & Contractor DART Events

122

136

150

Community Impact

2020

2021

2022

Charitable Giving

Total Charitable Giving

$38.5 million

$35.1 million

$41.12 million 63%

Percent of Charitable Giving by State

Arkansas

$821,922

$566,104

$512,688

Indiana

$3,476,058

$2,596,583

$2,693,796

Kentucky

$792,337

$507,482

$467,104

Louisiana

$649,722

$806,143

$1,609,359

Michigan

$903,300

$630,273

$938,326

Ohio

$20,489,327

$20,852,676

$25,873,681

Oklahoma

$3,928,988

$1,178,477

$1,715,244

Tennessee

$55,543

$143,774

$172,794

Texas

$3,376,537

$3,949,565

$2,524,650

Virginia

$1,343,901

$1,329,610

$1,379,206

West Virginia

$2,102,905

$1,386,292

$1,503,902

Other

$587,717

$1,162,361

$1,732,191

Percent of Charitable Giving by area of Focus

Education

31.7%

30.3%

26.9%

Community

13.7%

12.0%

17.1%

Hunger & Housing

14.3%

14.4%

11.9%

Safety & Health

11.1%

13.9%

7.3%

Arts & Culture

7.1%

8.1%

6.9%

Disaster Relief

0.3%

3.7%

5.5%

Diversity Equity & Inclusion

–

0.2%

6.3%

Other

21.9%

17.3%

18.4%

Governance Overview

2021

2022

2023*

Director Gender

Men

8

8

7

Woman

4

4

6

Director Age

50s

3

2

2

60s

7

8

9

70s

2

2

2

Board Average Age

~64

~63

63.5

Director Tenure

0-5 years

3

5

7

6-10 years

6

5

3

11-16 years

3

2

3

Average Years of Tenure

8

6.5

6.5

Director Ethnic Diversity

White

9

9

9

Hispanic

2

2

2

African American or Black

1

1

2

Board Meetings Held

7

6

8

Average Board Attendance

100%

97%

97%

Total Number on the Board of Directors

12

12

13

Number of Independent Directors

11

11

11

Independent CEO & Lead Director

no

no

yes