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American Electric Power Releases 2014 Performance Summary
American Electric Power Releases 2014 Performance Summary
Published 06-25-15
Submitted by AEP - American Electric Power
American Electric Power’s 2014 Performance Summary, highlights the company’s financial, environmental, social and economic achievements. The summary infographic includes highlights from the company’s 2014 Corporate Accountability Report - “Powering the Future.” AEP’s strategy for growth includes continued diversification of our fuel mix, investment in transmission, technological advancements and improving the employee and customer experience.
Highlights:
AEP retired approximately 5,600 megawatts (MW) of coal-fueled generation in 2015 and will retire another 998 MW in 2016.
AEP has paid investors quarterly dividends for more than 100 consecutive years.
The AEP Foundation has committed nearly $10 million over multiple years through the Credits CountSM program to support STEM education.
Employee-led innovation includes a new, patented transmission line design called BOLDTM.
Indiana Michigan Power Company received approval to build utility-scale solar projects totaling 15.7 MW.
For more information, view the 2015 Corporate Accountability Report online or download the app in the iTunes store.
AEP - American Electric Power
AEP - American Electric Power
American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s more than 17,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including 4,300 megawatts of renewable energy. AEP’s family of companies includes utilities 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). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners and AEP Renewables, which provide innovative competitive energy solutions nationwide.
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