Kentucky Economic Development
Kentucky meets your unique workforce demands by redeploying a surplus of highly skilled workers from industries such as coal and steel. Plus, Kentucky offers recruiting and training assistance for new and existing employees – at no charge. With a low cost of doing business, high quality of life and easy access to global shipping hubs for UPS, DHL, Amazon and FedEx, the sky's the limit in the Bluegrass State.
Find A SiteConnect With Us
Our operating company, Kentucky Power, provides service across 20 eastern Kentucky counties that are ripe with opportunity. Ready to go? So are we. Meet our team in Kentucky.
We serve 166,000 customers in the Bluegrass State.
Kentucky Power's service area is shown in green, while other territories served by AEP are in blue.
Key Industries in Kentucky
Energy & Chemicals
Healthcare
Aviation & Aerospace
Metals
Business Advantages
It's easy to imagine your business taking flight in Kentucky. According to the National Association of Manufacturers, CNBC ranked Kentucky the fourth best state for cost of doing business, and Workforce recruiting and training assistance for new and existing employees is offered at no charge.
To learn more about this thriving region, visit Kentucky Cabinet for Economic Development.
We're Equipped to Power Your Success
We offer an Economic Development Rider to encourage development through reductions in electric rates for major expansions and new investment.
- To qualify, each new investment must create at least 500 kW of new maximum billing demand over a base level and could receive a temporary demand charge discount of up to 50 percent depending upon the length of the contract.
- In addition, a supplemental demand discount of up to 5 percent may be available for customers who create and sustain 50 or more new jobs.
- Creating and sustaining at least 25 new jobs may qualify for a reduced supplemental demand discount.