2018 News Releases

September 17, 2018

AEP Recognized As A Top 10 Utility For Economic Development

Site Selection Magazine has named American Electric Power one of the nation's Top Utilities in Economic Development for the seventh consecutive year.


August 30, 2018

AEP Releases ESG/Sustainability Report as Part of Industry Initiative

AEP has released its 2018 Edison Electric Institute (EEI) Environmental, Social, Governance and Sustainability (ESG/Sustainability) Report, as part of an industry effort to provide investors with more uniform and consistent sustainability data and information.
"As the demand for ESG disclosure continues to grow among


August 20, 2018

AEP Names Simmons President and COO of Public Service Company of Oklahoma; Solomon Named Senior Vice President, Generation Services

AEP has named Peggy Simmons president and chief operating officer of its Public Service Company of Oklahoma (PSO) utility company, effective Sept. 8. Simmons replaces Stuart Solomon, who is joining AEP's generation organization as senior vice president - Generation Services.


August 20, 2018

AEP Subsidiary Indiana Michigan Power To Redeem Senior Notes

COLUMBUS, Ohio, Aug. 20, 2018 - Indiana Michigan Power Company, a public utility subsidiary of American Electric Power announced that on Sept. 7, 2018, it will redeem the entire outstanding $475 million principal amount of its 7 percent Senior Notes, Series I, due 2019. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption, plus the required make-whole premium.


August 2, 2018

American Electric Power Seeks Bids for Coal

COLUMBUS, Ohio, August 2, 2018 - American Electric Power (NYSE: AEP), today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multiple coal regions. AEP seeks proposals for the following coal type, delivery years and tonnages:


July 30, 2018

AEP Names Kramer Chief Digital Officer

COLUMBUS, Ohio, July 30, 2018 - American Electric Power has named Derek Kramer vice president and chief digital officer, a newly created role with responsibility for leading AEP's digital strategy and overseeing the development of digital solutions to improve business processes and service to customers. Kramer will report to Lana Hillebrand, executive vice president and chief administrative officer. His appointment is effective today.


July 27, 2018

AEP Cancel Wind Catcher Project
Company remains focused on 5-7 percent earnings growth through investments to improve service for customers

COLUMBUS, Ohio, July 27, 2018 - American Electric Power (NYSE: AEP) is canceling the Wind Catcher project as a result of the Public Utility Commission of Texas' July 26 decision to deny approval of the project. The project had been approved by the Arkansas Public Service Commission, Louisiana Public Service Commission and Federal Energy Regulatory Commission. A decision was pending at the Oklahoma Corporation Commission.


July 25, 2018

AEP Reports Second-Quarter 2018 Earnings; Reaffirms Full-Year Earnings Guidance

  • Second-quarter 2018 GAAP earnings of $1.07 per share
  • Second-quarter 2018 operating earnings of $1.01 per share
  • Weather and investments to enhance service support strong earnings performance


July 24, 2018

American Electric Power Declares Quarterly Dividend On Common Stock

COLUMBUS, Ohio, July 24, 2018 - 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.


July 17, 2018

AEP Schedules Live Webcast Of Quarterly Earnings Call

COLUMBUS, Ohio, July 17, 2018 - American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Wednesday, July 25. The call will be broadcast live over the internet at http://www.aep.com/webcasts.


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

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 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 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.