2018 News Releases

July 9, 2018

AEP Named Best Place to Work for Disability Inclusion Three Years in a Row

COLUMBUS, Ohio, July 9, 2018 - American Electric Power was been named one of the Best Places to Work for Disability Inclusion for the third consecutive year.


June 26, 2018

New 70-mile Transmission Line Energized in Indiana to Improve Regional Reliability, Expand Access to Renewable Energy and Other Resources

Pioneer Transmission, LLC - a joint venture of Duke Energy and American Electric Power (AEP) - and Northern Indiana Public Service Company, LLC (NIPSCO) today announced the completion of an approximately 70-mile transmission line connecting the Greentown Station near Kokomo, Indiana, to the Reynolds Station located in Reynolds, Indiana. The project, which began in 2013, included upgrades to the Reynolds Station in addition to the new extra-high voltage 765-kilovolt (kV) transmission line.


June 20, 2018

Louisiana Public Service Commission Approves Wind Catcher Project

SHREVEPORT, La., June 20, 2018 - Southwestern Electric Power Co. (SWEPCO), an American Electric Power company, today announced that the Louisiana Public Service Commission (LPSC) has approved the proposed Wind Catcher Energy Connection project.


June 19, 2018

Four Students Commit to Earning OhioMeansJobs-Readiness Seal Through AEP Internship Program

New Albany, Ohio, June 19, 2018 - Students from Columbus City Schools today signed their "Letters of Intent" to participate in AEP's Opportunities iN Energy (ONE) career-preparedness program. The four ONE program participants are beginning a 10-week internship program and will receive ongoing mentoring from AEP employees during their senior year of high school


June 18, 2018

American Electric Power Seeks Bids for Coal

COLUMBUS, Ohio, June 18, 2018 - AEP is seeking bids for the supply of coal to one or more of its generating stations.


June 15, 2018

Kentucky Power Company Offers Coal for Sale

Kentucky Power Company (KYPCo), an American Electric Power (NYSE: AEP) company, is seeking requests for proposal (RFP) from prospective coal buyers.


May 14, 2018

AEP Names Smoak President and COO of SWEPCO

COLUMBUS, Ohio, May 14, 2018 - American Electric Power (NYSE: AEP) has named Malcolm Smoak president and chief operating officer of its Southwestern Electric Power Co. utility company, effective today. Smoak has been serving as interim president and chief operating officer for SWEPCO.


May 8, 2018

Arkansas Public Service Commission Approves Wind Catcher Project

SHREVEPORT, La. (May 8, 2018) - Southwestern Electric Power Co. (SWEPCO), a unit of American Electric Power (NYSE: AEP), today announced that the Arkansas Public Service Commission (APSC) determined that the Wind Catcher Energy Connection project is in the public interest.


May 4, 2018

McCellon-Allen Retires as SWEPCO President and COO

SHREVEPORT, La., May 4, 2018 - Southwestern Electric Power Co. (SWEPCO), a unit of American Electric Power (NYSE: AEP), today announced that SWEPCO President and Chief Operating Officer Venita McCellon-Allen has retired.


May 3, 2018

AEP Generation Resources Seeks Bids for Coal

COLUMBUS, Ohio, May 3, 2018 - AEP Generation Resources Inc. (AEPGR), a competitive generation subsidiary of American Electric Power Company (NYSE: AEP), today issued a request for proposal (RFP) for the supply of coal to Cardinal and Conesville power plants.


May 3, 2018

AEP Releases 2018 Corporate Accountability Report
Company sets new sustainability goals

COLUMBUS, Ohio, May 3, 2018 - American Electric Power (NYSE: AEP) issued its 12th annual Corporate Accountability Report to provide a comprehensive view of AEP's progress as a business and community partner.


April 26, 2018

AEP Reports Strong 2018 First-Quarter Earnings

  • First-quarter 2018 earnings $0.92 per share GAAP and $0.96 per share operating
  • Company reaffirms 2018 operating earnings guidance
  • Strategic investments in regulated businesses support continued earnings growth


April 24, 2018

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock.


April 24, 2018

PSO, Customer Groups Seek Approval of Wind Catcher Agreement

Public Service Company of Oklahoma (PSO), Oklahoma Industrial Energy Consumers (OIEC) and Walmart have reached a settlement agreement on PSO's proposed Wind Catcher Energy Connection project (Wind Catcher).


April 24, 2018

AEP Investing In Regulated Businesses To Build Energy System Of The Future, Shareholders Learn At Company's Annual Meeting

American Electric Power is investing in its core regulated businesses to improve service to customers and advance new energy technologies, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Columbus, Ohio.


April 19, 2018

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, April 26. The call will be broadcast live over the internet at http://www.aep.com/webcasts.


April 19, 2018

AEP Reaches Settlement On Transmission Return On Equity For Eastern Companies, Incorporates Benefits Of Tax Reform Into Transmission Rates

American Electric Power has reached a settlement agreement related to the return on equity (ROE) for transmission investments in AEP's eastern operating companies and transmission companies (Transcos). These include entities in Indiana, Kentucky, Michigan, Ohio, Virginia and West Virginia. The settlement was filed with the Federal Energy Regulatory Commission (FERC) March 28.


April 2, 2018

American Electric Power Seeks Bids for Coal

COLUMBUS, Ohio, April 2, 2018 - AEP is seeking bids for the supply of coal to one or more of its generating stations. AEP seeks proposals for the following:


March 26, 2018

AEP Recognized as a 2020 Women on Boards Winning Company

American Electric Power has been recognized as a 2020 Women on Boards Winning Company for having 20 percent or more board seats held by women. AEP's 12-member Board of Directors includes three women, or 25 percent.


March 26, 2018

AEP Names McManus Senior Vice President, Environmental Services

American Electric Power has named John M. McManus senior vice president, Environmental Services, effective March 24. McManus was promoted from vice president, Environmental Services, a position he has held since 2003. He will continue to report to Mark C. McCullough, executive vice president, Generation.


February 6, 2018

AEP's Clean Energy Strategy Will Achieve Significant Future Carbon Dioxide Reductions

American Electric Power today released a report outlining the company's strategy for a clean energy future. The strategy includes new carbon dioxide emission reduction goals and investments in renewable resources and advanced technologies to enhance the efficiency of the power grid.


January 25, 2018

AEP Reports Strong 2017 Fourth-Quarter and Year-End Earnings

  • Fourth-quarter 2017 earnings of $0.81 per share GAAP and $0.85 per share operating
  • Year-end 2017 earnings of $3.89 per share GAAP and $3.68 per share operating
  • Company reaffirms 2018 GAAP and operating earnings guidance range of $3.75 to $3.95 per share
  • Company reaffirms 5 to 7 percent operating earnings growth rate


January 23, 2018

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock.


January 22, 2018

AEP Named One Of Fortune's World's Most Admired Companies For Fifth Consecutive Year

American Electric Power has been named to Fortune magazine's World's Most Admired Companies list in the electric and gas utilities sector for the fifth year in a row. The survey measures nine attributes related to financial performance and corporate reputation.


January 19, 2018

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EST Thursday, Jan. 25. The call will be broadcast live over the internet at http://www.aep.com/webcasts.