What is American Electric Power (AEP)?

American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines. AEP ranks among the nation’s largest generators of electricity, owning approximately 26,000 megawatts of generating capacity in the U.S. AEP supplies 3,200 megawatts of renewable energy to customers. (source)

American Electric Power (AEP) Employee Count

Number of AEP employees:

16,688 employees

Last updated 1/1/22

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American Electric Power (AEP) Revenue Totals

AEP annual revenue:

• 2021: $16.792 billion
• 2020: $14.918 billion
• 2019: $15.561 billion
• 2018: $16.195 billion
• 2017: $15.424 billion
• 2016: $16.380 billion
• 2015: $16.453 billion
• 2014: $16.378 billion

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AEP annual net income:

• 2021: $2.488 billion
• 2020: $2.196 billion
• 2019: $1.919 billion
• 2018: $1.931 billion
• 2017: $1.928 billion
• 2016: $610.9 million
• 2015: $2.047 billion
• 2014: $1.638 billion

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Additional American Electric Power (AEP) Statistics

Number of AEP customers:

5.4 million

Last updated 9/16/18

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Number of states AEP serves:

11

Last updated 9/16/18

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Recent American Electric Power (AEP) News

• AEP NAMES FOWKE, VON THAER TO BOARD OF DIRECTORS, 02/24/2022

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Please note that some of these numbers are easier to find than others. A few of these American Electric Power (AEP) statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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