American Electric Power Company, Inc. (AEP)

https://www.aep.com

American Electric Power Company, Inc. (AEP) is a major American electric utility company headquartered in Columbus, Ohio. Established in 1906 as American Gas and Electric Company, AEP's core business involves the generation, transmission, and distribution of electricity. The company is committed to providing reliable and affordable power to its customers, aiming to power America's future through its operations.

AEP serves more than five million customers across 11 states, making it one of the largest electric utility companies in the United States. Its operations include a vast electricity transmission system, which is the nation's largest. The company's utility units operate under various names, including AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. Additionally, AEP Energy, a wholly-owned subsidiary, offers competitive retail electricity and natural gas services.

Currently, AEP is positioned as a leader in the utility sector, with a significant focus on modernizing its grid and transitioning to cleaner energy sources. The company has announced a substantial $72 billion capital plan over the next five years to support these initiatives and meet growing electricity demands, particularly from data centers. Recent leadership appointments in 2024 and 2025 include Peggy Simmons as Executive Vice President of Regulatory and Chief Administrative Officer, Rob Berntsen as Executive Vice President and General Counsel, and Johannes Eckert as Executive Vice President and Chief Information & Technology Officer.

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