American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

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At American Electric Power, we provide more than electricity to our millions of customers – we energize possibilities. We’re redefining the future of energy by reducing our carbon footprint, empowering the communities we serve and developing the workforce for the future. All while delivering the reliable and affordable service our customers expect.

We remain committed to a clean energy future and are shifting to a more balanced generation mix. We’ve cut our carbon dioxide emissions significantly since 2000 and continue to expand our renewable energy sources, while encouraging electrification to lessen our environmental footprint. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and is working to achieve net zero by 2045.

AEP owns and operates the largest transmission system in the country, and our distribution networks provide power to homes and businesses in 11 states. We continue to invest billions in our infrastructure to deploy cutting edge technologies that support the clean energy transition and enhance service for our customers.

Our employees power everything we do, which is why we’re focused on hiring and retaining top talent, reimagining the future of work and offering competitive pay and benefits. Diversity, equity and inclusion are cornerstones of our company culture, and we continually seek out new skills and perspectives that spark innovation.

We strive to do more than keep the lights on – AEP is passionate about being a force for good in the communities where we live and work. Our commitment to building stronger, more vibrant communities extends beyond volunteerism and philanthropy. AEP’s focus on economic development in our service territory helps deliver more jobs, tax revenue and opportunity.

Together with our customers and communities, we’re building a new, brighter future.

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Today we welcome Ben Fowke as interim CEO and president of American Electric Power. Ben has served on AEP’s Board since 2022 and was previously the CEO of Xcel Energy. His experience as an industry leader will help guide our team as we continue to invest in a modern and reliable grid and transform our generation fleet.

“Together, we will continue enhancing our regulatory relationships and unlocking shareholder value by driving the company’s strategic priorities forward and delivering safe, reliable and affordable energy to our customers,” Fowke said. 


STUDENT ENGINEERS, have you considered interning with us? Dulcemaria Tlahuel began as a high school intern in 2018, and now works part-time while pursuing her bachelor’s degree in electrical engineering.

“It has helped me immensely to learn the theory in the classroom and be able to see it being applied and used in the real world.”

She’s found a positive work environment here has helped her grow and learn. 

“AEP has a magnificent work environment; in everything they do, they put safety first. When you go out into the substations, you are in close proximity to dangerous equipment, and it gives me peace of mind to know that AEP and the people around me take safety seriously and care about my well-being in all aspects.

“I get to interact with people from all walks of life who bring new perspectives and value to the table while also putting into practice everything I learned in my classes. The technical work challenges me to understand complex problems, and it allows me to expand my knowledge.” 
See our internships ➡️https://lnkd.in/gyfMHk8c 
#EWeek2024 #CareersInEnergy #Engineers


Black & Gold Week celebrations continue! Our friends at Columbus Crew stopped by for a pop-up shop and gave employees the opportunity to take a photo with the 2023 MLS Cup trophy and mascots Crew Cat and S.C. #Crew96

This Engineers Week, we’re celebrating our engineers, and all the ways their curiosity and creativity help us power the future. #EWeek2024 #CareersInEnergy #Engineers #AEPcareers

As we continue to celebrate #BlackHistoryMonth, we reflect on the event our Black Employee Resource Group hosted last month in honor of the life of Dr. Martin Luther King Jr.
Kevin Boyce, panel member and Founder and Vice Chairman for Adelphi Bank, encourages us to look inward and be our own drivers of change.

NASDAQ:AEP

American Electric Power Company, Inc.

Last Close

86.03

01/05 20:00

Market Cap

40.93B

Beta: 0.45

Volume Today

5.27M

Avg: 2.84M

PE Ratio

17.80

PFCF: −11.50

Dividend Yield

4.37%

Payout:76.52%

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