American Electric Power Releases 2014 Performance Summary
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:
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AEP retired approximately 5,600 megawatts (MW) of coal-fueled generation in 2015 and will retire another 998 MW in 2016.
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AEP has paid investors quarterly dividends for more than 100 consecutive years.
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The AEP Foundation has committed nearly $10 million over multiple years through the Credits CountSM program to support STEM education.
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Employee-led innovation includes a new, patented transmission line design called BOLDTM.
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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.