American Electric Power
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| American Electric Power | |
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| Type | Public (NYSE: AEP) |
|---|---|
| Founded | 1906 |
| Headquarters | Columbus, Ohio, USA |
| Key people | Michael G. Morris - Chairman, President & CEO since 2004 |
| Area served | AEP Ohio: Ohio, West Virginia AEP Texas: Texas Appalachian Power: Tennessee, Virginia, West Virginia Indiana Michigan Power: Indiana, Michigan Kentucky Power: Kentucky PSO: Oklahoma SWEPCO: Arkansas, Louisiana, Texas |
| Industry | Electric Utilities |
| Products | Electricity generation, transmission and distribution |
| Revenue | $12.1 billion |
| Net income | $814 million |
| Employees | 19,630 |
| Slogan | AEP: America´s Energy Partner™ |
| Website | www.AEP.com |
AEP headquarters in Columbus, Ohio.
American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States.
The company is divided into seven major geographic local operating companies. AEP Ohio, made up of the former Ohio Power and Columbus Southern Power; AEP Texas, a merger of various predecessor utilities; Appalachian Power, serving West Virginia and Virginia; Indiana Michigan Power; Kentucky Power; Public Service of Oklahoma (PSO); and Southwestern Electric Power Company, often called SWEPCO, serving Arkansas, Louisiana, and eastern Texas. Two smaller divisions, Wheeling Electric Power, serving Wheeling, West Virginia, and Kingsport Electric Power, serving Kingsport, Tennessee, are operated as de facto parts of AEP Ohio and Appalachian Power, respectively.
AEP owns and operates the Donald C. Cook nuclear power plant.
AEP also owns much of the town of Cheshire, Ohio
AEP is also a leading technology company in the energy industry, having recently announced their plans to build an Integrated Gasification Combined Cycle (IGCC) coal-fired power plant which is expected to reduce emissions while providing additional electricity capacity to the customers served by AEP.
The company also operates its own inland barge line and owns major tracts of land throughout its service areas.
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