AEP.com Big generator of electricity company from USA
AEP - American Electric Power
About the Company and its History
AEP which stands for American Electric Power was founded in the year 1906. The company is headquartered in Columbus, Ohio. It supplies power to eleven states making it the largest electricity company in the United States. The company is further divided into 7 major geographical areas based on its locations. The company was incorporated on Dec 20, 1906 in Albany, NY. The company supplies power to more than 5 million customers. The company was originally formed from a utility holding company called “Electric Company of America” which was organized in the year 1899. AEP acquired its first utility property on Jan 2, 1907 which provided electric service, gas, water, steam, transit or ice to communities in New Jersey, New York, Pennsylvania, West Virginia, Ohio, Indiana and Illinois. The company got its current name in the year 1958 after merging with Central and Southwest Corporation in the year 2000.
AEP is America's largest generator of electricity, with a large fleet of power plants. Apart from that its asset base also includes coal mines, barges, rail cars and transportation terminals.
Power Plans
AEP owns and operates about 80 generating stations in the United States, with a capacity of more than 36,000 megawatts. While the size of the fleet is exceptionally huge, it's the efficiency and the resulting reliability and operational economies that has earned AEP its reputation as a pioneering, innovative, dependable, low-cost producer of power.
AEP uses diverse fuels to generate electricity. Coal-fired plants accounts for 73 percent of AEP's generating capacity, while natural gas represents 16 percent and nuclear 8 percent. The remaining 3 percent comes from wind, hydro, pumped storage and other sources.
Coal Tranportation
AEP acquired MEMCO Barge Line, Inc., in 2001 thus greatly enhancing its coal transportation resources. AEP's transportation infrastructure now includes approximately 7,500 rail cars, 1,800 barges, and 37 tug boats. AEP-owned barges carry coal up and down the Ohio and Mississippi rivers and along the Gulf Coast. AEP has interests in two terminal facilities. The Cook Coal Terminal, located on the Ohio River, with a 20 million tons per year (tpy) transfer capability, including rail-to-barge transfer. The International Marine Terminal, located in New Orleans, has a 12 million tpy transfer capability, and an 8 million tpy mid-stream capability. AEP's maintenance/fleeting operations consists of a railcar maintenance facility in Metropolis, Illinois, a full-service shipyard in Harvey, Louisiana and 5 barge repair and cleaning facilities in the lower Mississippi River
What they do?
AEP generates and provides electricity to as many as 11 states of the United States of America. It generates more than 38,000 megawatt of electricity and has a network of more than 39,000 miles.
- Service Territories
- AEP Ohio - AEP in this region has more than 1.5 million customers and 1,500 employees. The generation capacity at this plant is 11,736 megawatts, transmission mile length of 9,110 and 45,598 distribution miles.
- AEP Texas - Has a customer base of 849,927. This territory employees about 1135 employees. The service area is about 97,000 sq. miles, distribution miles are 41,300 and transmission miles are 9,368.
- Appalachian Power - Provides service to AEP customers in West Virginia, Virginia and Tennessee. Customer base is about 929,000 and has about 4,085 employees. Length of transmission miles is 6,972 and distribution miles is 46,227 with a generating capacity 5,871 megawatts
- Indiana Michigan Power - The customer base in Indiana is 454,736 and 126,142 in Michigan. The total generation capacity is 5,777 MW. Transmission line lenght is 4,039 miles Distribution line length is 19,705 miles.
- Kentucky Power - Customer base is about 175,000, generating capacity of 1,060 megawatt, transmission length is 1,233 miles and distribution length is 11,242 miles.
- Public Service Company of Oklahoma - AEP serves about 514,000 in this region with an employee base of 1,586. The system has a distribution lengh of 21,072 miles and trasmission length of 3,566. The generating capacity of this territory is about 4,083 megawatts.
- Southwestern Electric Power Company - Service territories include Louisiana, Arkansas, East Texas and the Panhandle area of North Texas. Louisiana has about 173,000 customers, Texas has 175,000 and Arkansas sevres about 111,000. The generating capacity of this plant is 4,487 megawatts with a transmission length of 3,613 miles and distribution length of 20,185 miles.
How big are they?
AEP ranked 192 in the 2007 list of Fortune 500 Companies. The company had revenues of $12.66 billion in 2006 with a profit of $1 billion. The company has an asset base of nearly $37.98 billion and market value of $19.57 billion as of March 23, 2007.
Languages
English
About the Website
Homepage
The homepage has several features which includes tabs like Investors, Newsroom, Corporate Citizenship, Careers, and About Us and Contact us. It also has a link to customer center on its homepage.
Investors Page
This provides information about company’s financial performance and its current standing in stock market.
Newsroom Page
The Newsroom provides customers with recent news releases and company financial information, company facts, management information, and the history of AEP. It also provides information about the current outages. The users can also sign up to receive automatic updates and newsletters here.
Corporate Citizenship Page
In this section of Web site, you can find information on: 1. Mission, Vision & Values – What AEP thinks is important and how they run their business. 2. AEP's Corporate Responsibility Report – A report on company’s performance and strategies for sustainability. 3. Environmental activities 4. Community involvement – Employee participation, corporate giving, educational initiatives etc. 5. Safety & Health – for the community and employees. 6. Diversity – AEP has received numerous national awards for its diverse work culture. 7. Corporate governance & ethics 8. Publications 9. Awards & recognition
Careers Page
This page gives a snapshot of the company and has links to its current career opportunities.
About Us Page
If the user is looking for facts about the company and its achievements this page provides the information.
Contact Us Page
If the visitors are looking for specific information this is the page to go. It has contact information for electric utility customers, investors, media, job seekers and website errors. It also provides a form for general enquiries.
Website Rank
The website had a traffic rank of 289,398 as of June 17, 2007.
Address
- American Electric Power - Corporate headquarters
- 1 Riverside Plaza
- Columbus, Ohio, USA 43215-2372
- Phone: (614) 716-1000
References
1. http://aep.com 2. http://alexa.com 3. http://wikipedia.org 4. http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/79.html
