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 20, 2018
SWEPCO ANNOUNCES ARKANSAS SETTLEMENT SUPPORTING WIND CATCHER ENERGY CONNECTION
Southwestern Electric Power Co. (SWEPCO), a unit of American Electric Power (AEP), today announced a settlement agreement in the company's request for approval of the proposed Wind Catcher Energy Connection project.

February 14, 2018
SETTLEMENT REDUCES PROPOSED RATES FOR I&M'S BUILDING THE FUTURE PLAN
FORT WAYNE, Ind. - Indiana Michigan Power (I&M), an American Electric Power (NYSE: AEP) company, and a number of stakeholders representing varied customer interests have submitted a settlement agreement that significantly reduces I&M's requested rates for its Building the Future proposal.

February 13, 2018
APPALACHIAN POWER TO UPGRADE METERS IN SOME VIRGINIA COMMUNITIES
Appalachian Power this month began installing additional upgraded meters in Virginia. The installation is part of a routine service upgrade and provides multiple benefits for customers.

February 12, 2018
KENTUCKY POWER WELCOMES APPLICATIONS FOR FINAL YEAR OF KEAP GRANT PROGRAM
Kentucky Power on Monday outlined guidelines for the Kentucky Power Economic Advancement Program in 2018, the final year for the grants. The application period opened at the kickoff event and will continue until March 16.

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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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