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Abstract
American Electrical Energy is a serious U.S. investor-owned electrical utility with era, transmission, and distribution operations and eight utility subsidiaries. The corporate’s vertically built-in utilities and distribution utilities ship electrical energy to greater than 5.6 million clients in 11 states within the Midwest and Southeast. AEP ranks among the many nation’s largest turbines of electrical energy, with about 24,000 megawatts of producing capability and 225,000 distribution traces. AEP additionally owns the nation’s largest electrical energy transmission system, with 40,000 system miles.
In 2023, vertical utilities accounted for about 60% of whole annual income, whereas transmission and distribution utilities accounted for about 30%.
With the 2H23 sale of its aggressive producing plant, Cardinal 1, in Ohio, the corporate has exited the wholesale era enterprise and left the Ohio aggressive electrical energy market. AEP’s 2023 owned era combine is roughly 4
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