American Electric Power

2013 Corporate Accountability Report

We Have the Future in Focus

Safe, reliable and affordable energy has long been the backbone of America’s economy, delivering comfort to customers, a competitive edge to businesses and a quality of life that others emulate. To ensure a secure energy future, we need a diverse resource mix.

At AEP, we have the future in focus.

2020 Projected AEP Owned Generating Capacity by Fuel

Energy

In addition to traditional fuels such as coal and natural gas, we also see transmission, smart grid and energy efficiency as vital parts of our resource mix.

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Economy

We are advocating for federal resources to assist in retooling local economies as we also explore ways to reuse retired coal plants or plant sites.

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Environment

Compliance is the foundation of our environmental efforts. We also set voluntary targets. Overall, our performance is very good.

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AEP's CEO on Sustainability

The Value of Electricity

AEP Overview

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News & Announcements

August 16, 2017
AEP OHIO TO BEGIN SMART METER INSTALLATIONS FOR MANY DELAWARE CUSTOMERS
GAHANNA, Ohio, August 16, 2017 - AEP Ohio, a unit of American Electric Power (NYSE: AEP), is rolling out smart meters to nearly 900,000 customers, beginning with Delaware on Aug. 21. The smart meter installations will first move through the central Ohio area and continue throughout AEP Ohio's service territory until completion in February 2021.

August 16, 2017
CRAFT ACADEMY GRADUATES SPEND SUMMER AS KENTUCKY POWER INTERNS
Kentucky Power summer internships give recent high school graduates work experience and allows Kentucky Power to show newcomers what goes into effectively operating an electric utility. Nick Kessinger of Louisa and Ethan Coleman of Phelps worked in Ashland and Pikeville.

August 15, 2017
SCAM ALERT: CALLERS USE SCARE TACTICS TO GET CASH FROM CUSTOMERS
Small business owners and residential customers of Kentucky Power are among the latest targets of scam artists seeking to extort cash.

August 14, 2017
KY POWER TO UPGRADE REGIONAL POWER GRID STARTING WITH $30 MILLION
Kentucky Power's Eastern Kentucky Transmission Program announced Monday will strengthen the regional power grid to better service customers. The first of several projects under the multi-million dollar program is a $30 million improvement in Hazard.

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AEP's Reporting Guidance

AEP conducted a materiality assessment in 2012 to better understand reporting expectations of the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board.

Materiality

AEP conducted a materiality assessment in 2012 to ensure that we are reporting on sustainability issues that are of importance to our stakeholders and our business. This assessment was compared with the material risks of the company to validate relevance and importance. AEP's reporting is guided by the Global Reporting Initiative and the International Integrated Reporting Council.

Read more about AEP's materiality survey

Statement of the AEP Board of Directors

The AEP Board of Directors has assigned responsibility for monitoring and overseeing the company's sustainability initiatives to the Board's Committee on Directors and Corporate Governance. This is the fourth year AEP has integrated its sustainability reporting with financial reporting. The Committee fully supports this approach. Stakeholders have expressed approval and appreciation for AEP's leadership with this integrated approach to corporate reporting.

Read the AEP Board of Directors Statement

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