American Electric Power (AEP) was incorporated in 1906 as the American Gas and Electric Company. The company’s name was changed in 1958 to American Electric Power.
AEP is one of the nation’s largest generators of electricity, with nearly 38,000 megawatts of energy generating capacity. The company has 5.3 million customers in 11 states. AEP also owns the nation’s largest electricity transmission system with 39,000 miles and 223,000 distribution lines.
AEP operates as AEP Ohio, AEP Texas, Appalachian Power (Virginia, West Virginia, and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Company (Arkansas, Louisiana, and east Texas).
American Electric Power is publicly traded on the New York Stock Exchange under the symbol AEP, is a member of the S&P 500, has 18,500 employees, and had $16.18 billion in revenue in 2013.
American Electric Power
American Electric Power (AEP) was incorporated in 1906 as the American Gas and Electric Company. The company’s name was changed in 1958 to American Electric Power.
AEP is one of the nation’s largest generators of electricity, with nearly 38,000 megawatts of energy generating capacity. The company has 5.3 million customers in 11 states. AEP also owns the nation’s largest electricity transmission system with 39,000 miles and 223,000 distribution lines.
AEP operates as AEP Ohio, AEP Texas, Appalachian Power (Virginia, West Virginia, and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Company (Arkansas, Louisiana, and east Texas).
History
American Electric Power is publicly traded on the New York Stock Exchange under the symbol AEP, is a member of the S&P 500, has 18,500 employees, and had $16.18 billion in revenue in 2013.