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October 24, 2014

American Electric Power Seeks Bids For Coal

COLUMBUS, Ohio, Oct. 24, 2014 – American Electric Power (NYSE: AEP) is seeking offers for the supply of coal to one or more of its generating stations.

AEP is seeking spot delivery proposals for up to 350,000 tons of low-sulfur coal, FOB barge, beginning in January 2015 and ending in March 2015. AEP also is seeking spot proposals for up to 1.60 million tons of low-sulfur coal, FOB barge, beginning in January 2016 and ending in December 2016. AEP is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted. Accepted bids will be at AEP’s discretion.

Proposal packages must be received by AEP no later than 5 p.m., Friday, Nov. 7, 2014. Proposals can be submitted by e-mail to coalrfp@aep.com, by fax to (614) 716-6569 (Attn: Chuck West), or by mail to Chuck West, Manager, Fuel Procurement - Coal, American Electric Power Service Corp., One Riverside Plaza, 14th Floor, Columbus, Ohio 43215. Complete details about the Requests for Proposals are available at www.aep.com/go/coaloffers or by calling West at (614) 716-6117 or Denzil Welsh at (614) 716-6116.

- Coal RFP (DOC)

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5.3 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 more than 40,000-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:
YaVonda Ulfig
Corporate Media Relations
614/716-1949

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