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

February 23, 2017
KENTUCKY POWER PROVIDES $10,000 AEP FOUNDATION GRANT TO SUPPORT STUDENT ACHIEVEMENT
Kentucky Power delivered $10,000 to the Governor's Scholars program to the statewide educational and leadership enrichment program. The grant funds the American Electric Power Foundation Scholar during the summer Governor's Scholar Program.

February 23, 2017
AEP AND DYNEGY TO TRANSFER OWNERSHIP OF CO-OWNED POWER PLANTS
American Electric Power (NYSE: AEP) today signed agreements to sell AEP's 330-megawatt (MW) share of the Zimmer Plant to Dynegy and to purchase Dynegy's 312-MW share of Conesville Plant. AEP and Dynegy co-own both plants.

February 23, 2017
KENTUCKY POWER TO AID COAL INDUSTRY WITH ALTERNATIVE RATE TERMS
Kentucky Power is breaking down barriers to help struggling coal business get back to work and return jobs to eastern Kentucky through the Coal Plus program.

February 22, 2017
TRANSMISSION ROUTE PROPOSED FOR NEW 138KV LINE TO SERVE INDUSTRIAL PROSPECTS IN HENRY COUNTY, VA.
Appalachian Power announced a proposed transmission line route for a project that will increase the development potential of the Commonwealth Crossing Business Centre (CCBC). The Commonwealth Crossing Transmission Line Project will add about 5 miles of 138-kilovolt transmission line south or Martinsville in Henry County.

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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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