Research, Reports & Publications

American Electric Power Releases 2014 Performance Summary

Jun 25, 2015 11:50 AM ET

COLUMBUS, Ohio, June 25, 2015 /3BL Media/ - American Electric Power’s 2014 Performance Summary, highlights the company’s financial, environmental, social and economic achievements. The summary infographic includes highlights from the company’s 2014 Corporate Accountability Report - “Powering the Future.” AEP’s strategy for growth includes continued diversification of our fuel mix, investment in transmission, technological advancements and improving the employee and customer experience.  

Highlights:

  • AEP retired approximately 5,600 megawatts (MW) of coal-fueled generation in 2015 and will retire another 998 MW in 2016.

  • AEP has paid investors quarterly dividends for more than 100 consecutive years.

  • The AEP Foundation has committed nearly $10 million over multiple years through the Credits CountSM program to support STEM education.

  • Employee-led innovation includes a new, patented transmission line design called BOLDTM.

  • Indiana Michigan Power Company received approval to build utility-scale solar projects totaling 15.7 MW.

For more information, view the 2015 Corporate Accountability Report online or download the app in the iTunes store.