December 30, 2008
American Electric Power Seeks Low-Sulfur Coal Offers
AEPSC is seeking proposals for spot coal deliveries by rail or truck beginning in February 2009 and extending up to six months. Coal specifications include a 1.03-pound sulfur dioxide level (SO2/MMBtu), 12 percent ash requirement and guaranteed minimum heat content of 12,200 Btu/lb.
The actual accepted length of all offers will be at AEPSC’s discretion. AEPSC is open to alternative pricing structures or other innovative concepts. Proposals with alternative terms will be accepted.
Coal Proposal Packages must be received by AEPSC no later than 5 p.m., Thursday, Jan. 8, 2009. Proposals can be submitted by e-mail to coalrfp@aep.com, by fax to 614-583-1619 (attention Jason Rusk), or mailed to Jason Rusk, Manager – Eastern Fuel Procurement, American Electric Power Service Corp., 155 W. Nationwide Blvd., Suite 500, Columbus, Ohio 43215. Complete details about the Request for Proposals are available at http://www.aep.com/about/doingbusinesswithaep/coaloffers/ or by contacting Rusk at 614-583-6275.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as 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’s headquarters are in Columbus, Ohio.
MEDIA CONTACT:
David Hagelin
Corporate Media Relations
614/716-1938
David Hagelin
Corporate Media Relations
614/716-1938
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AEP Declares Quarterly Dividend on Common Stock
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 88 cents a share on the company’s common stock.