American Electric Power Co Inc - Company Profile
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Business Description
American Electric Power Co Inc (AEP) is an energy holding utility, which generates, transmits, and distributes electricity. It builds smarter energy infrastructure and delivers new technologies and custom energy solutions. The company serves approximately 5.6 million customers in 22 states.
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Business Segments
- AEP Transmission Holdco
- Generation & Marketing
- Transmission and Distribution Utilities
- Vertically Integrated Utilities
- Corporate and Other
Overview
Develops, constructs, and operates transmission facilities through investments in AEP Transmission Company LLC, and the company’s transmission-only joint ventures.
Performance
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Overview
Generates electricity in the Electric Reliability Council of Texas (ERCOT) and Pennsylvania- New Jersey- Maryland (PJM) markets. -Provides marketing, risk management and retail activities in ERCOT, PJM, Southwest Power Pool and Midwest Independent Transmission System Operator markets; and contracted renewable energy investments and management services.
Performance
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Overview
Transmits and distributes electricity to retail and wholesale customers. -Operating companies: AEP Texas Inc and Ohio Power Company (OPCo). -OPCo purchases energy and capacity at auction to serve SSO customers and provides transmission and distribution services for connected loads.
Performance
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Overview
Generates, transmits, and distributes electricity to residential, commercial, industrial, and other retail customers, and wholesale customers. -Operating companies: Appalachian Power Company, AEP Generating Company, Kingsport Power Company, Southwestern Electric Power Company, Indiana Michigan Power Company, Public Service Company of Oklahoma, Kentucky Power Company and Wheeling Power Company.
Performance
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Overview
Includes the purchasing of receivables from certain AEP utility subsidiaries
Performance
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