American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.
AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. Its principal utility subsidiaries include AEP Ohio, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, Southwestern Electric Power Company and AEP Texas.
Founded in 1906, the company is headquartered in Columbus, Ohio. In addition to its regulated utility operations, AEP owns and operates transmission infrastructure and invests in grid modernization, renewable energy integration and other initiatives intended to support system reliability and the transition to lower-carbon electricity generation.
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