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AEP's strategy includes strong investment in our regulated businesses and focus on ROE optimization.
As a retail energy supplier, AEP Energy provides electricity and natural gas supply for more than 400,000 residential and business customers in six states.
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.
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.
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.