AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Rhea-AI Summary

American Electric Power (AEP) will host a quarterly earnings conference call on Oct. 27, 2022, at 9 a.m. ET. The call will be streamed live on AEP's website, featuring audio and visuals from management. AEP operates the largest electricity transmission system in the U.S., serving 5.5 million customers across 11 states, with over 31,000 megawatts of generating capacity, including 7,100 megawatts from renewable sources. The company aims to increase its renewable generation to 50% of total capacity by 2030 and achieve net zero emissions by 2045.

Positive

• AEP plans to grow renewable generation to approximately 50% of total capacity by 2030.
• On track for an 80% reduction in carbon dioxide emissions from 2005 levels by 2030.

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• None.

COLUMBUS, Ohio, Oct. 20, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct.  27. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. 

The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.

American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and has committed to achieving net zero by 2045. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.

 

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SOURCE American Electric Power

FAQ

When is AEP's quarterly earnings conference call scheduled?

AEP's quarterly earnings conference call is scheduled for 9 a.m. ET on Oct. 27, 2022.

How can I listen to AEP's earnings call?

You can listen to AEP's earnings call live via their webcast at www.aep.com/webcasts.

What are AEP's plans for renewable energy by 2030?

AEP plans to grow its renewable generation portfolio to approximately 50% of total capacity by 2030.

What is AEP's carbon emissions reduction goal by 2030?

AEP is on track to achieve an 80% reduction in carbon dioxide emissions from 2005 levels by 2030.

What is AEP's commitment to net zero emissions?

AEP has committed to achieving net zero emissions by 2045.