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

December 08, 2016
PSO LOWERING ITS PRICE FOR WIND POWER
Public Service Company of Oklahoma (PSO) is lowering the cost for customers who sign up to receive wind power.

December 07, 2016
ELECTRICAL SAFETY TIPS FROM SWEPCO FOR THE HOLIDAY SEASON
Electrical safety is especially important during the holiday season due to decorative lights draped through trees and around homes.

December 07, 2016
REFUND AVAILABLE FOR FORMER PSO CUSTOMERS
Beginning November 29, current PSO customers began receiving a credit on their bill reflecting a partial refund of interim base rates.

December 06, 2016
AEP ANNOUNCES ORGANIZATIONAL, EXECUTIVE LEADERSHIP CHANGES
AEP has made organizational and executive leadership changes to support the company's strategic goals and executive succession plans, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. The changes are effective Jan. 1, 2017.

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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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