At its annual meeting this week, Columbus-based American Electric Power (AEP) reported first-quarter 2018 corporate earnings of $454 million.
AEP’s Chairman and CEO Nick Akins used the occasion to announce plans to invest more than $17 billion in transmission and distribution upgrades. While AEP serves customers in many states, AEP’s Ohio customers have seen dramatic rises in both distribution and transmission portions of their bills without corresponding benefits.
Members of the OMA Energy Group will be monitoring case activity at the PUCO and FERC to ensure grid investments are necessary and produce customer benefits. Learn more about the work and benefits of the OMA Energy Group. 4/26/2018