American Electric Power (Nasdaq: AEP) plans to invest in its regulated businesses and renewable generation as it continues to transform and build a cleaner, more modern energy system. The company announced its 2022 operating earnings (earnings excluding special items) guidance range of $4.85 to $5.05 per share, reflecting its projected annual operating earnings growth rate of 5% to 7%. AEP has met or exceeded its earnings per share guidance every year for more than a decade. AEP management will discuss the company’s strategy and financial growth plans during the annual Edison Electric Institute Financial Conference, Nov. 7-9.
Operating earnings could differ from those prepared in accordance with Generally Accepted Accounting Principles (GAAP) for matters such as impairments, divestitures or changes in accounting principles. AEP is unable to forecast if any of these items will occur or any amounts that may be recorded for future periods. Therefore, AEP is not able to provide a corresponding GAAP equivalent for earnings guidance.
The company plans to invest $38 billion in capital from 2022 through 2026 with an emphasis on transmission, distribution and renewable energy. AEP will allocate $23.3 billion to transmission and distribution operations to construct a more efficient grid and deliver custom energy solutions to customers. During the same period, AEP plans to invest $8.2 billion in regulated renewable generation and $1.7 billion in competitive, contracted renewable projects.
“AEP continues to focus on capital investments that support our efforts to provide clean, reliable energy to the communities we serve, while managing customer affordability and delivering solid shareholder value,” said Nicholas K. Akins, AEP chairman, president and chief executive officer. “Our extensive pipeline of needed grid investments and regulated renewable opportunities will allow us to strategically shift capital as necessary to deliver on our 5% to 7% growth rate.
“We’re transitioning to a more balanced generation portfolio and plan to invest 26% of our capital over the next five years in renewable energy within and outside AEP’s service territory, as we grow renewables to approximately half of our capacity by 2030. Two of the North Central Wind projects, Sundance and Maverick, began operation this year and are delivering clean energy to Southwestern Electric Power Company and Public Service Company of Oklahoma customers in Arkansas, Louisiana and Oklahoma. We expect the final project, Traverse, to begin operation in early 2022. The three projects will add 1,485 megawatts of renewable energy to our portfolio once completed.
“AEP is committed to transforming the energy grid to better integrate renewable resources and deliver the low-cost, reliable energy that customers expect. Our investment plan allocates 61% of capital to wires, which enables us to revitalize our transmission and distribution systems and implement technologies to enhance our customers’ energy experience.
“We recently announced the sale of our Kentucky operations, including Kentucky Power and AEP Kentucky Transco, for $2.846 billion. This sale will help support the growth of the company as we invest in a clean energy future.
“AEP’s strategic business decisions allow us to continue providing increased returns to shareholders. This year, we increased the quarterly dividend by 4 cents to 78 cents a share and delivered our 446th consecutive quarterly cash dividend,” Akins said.
Our financial performance for this year is on track, even though earnings were down in the third quarter compared to 2020. Year-to-date, we’re 20 cents ahead of where we were last year.
The two big stories for this quarter:
- The economy in our territory is recovering faster than we expected and this is positively impacting load.
- We narrowed our 2021 operating earnings guidance range to the upper half. We made this decision because we’re confident in the load growth and our ability to carry out our strategy.
How load is changing:
- Our strongest growth this year is in commercial load. We’re also seeing a strong recovery in the sectors most affected by the pandemic. This includes places like schools, churches and hotels.
- A major contributor to the commercial load growth is an increased number of data centers, especially in central Ohio.
- There’s a lot of momentum in industrial load. Our new projections expect industrial load to increase more than our original guidance forecast.
- Residential load has decreased from 2020 but is above pre-pandemic levels. This suggests that many customers are continuing to work from home and it’s a trend that could continue.
How we’re executing on strategy: In September, we brought the second of our three North Central wind farms online. This is part of our plan to transform our generation capacity and provide customers with low-cost, clean resources. We’re also executing on our regulatory strategy and increasing our economic development efforts, which bring more load into the territory.
All this together means the economy is recovering faster than expected. This is why we’re confident narrowing our guidance range.
Our updated range: Our 2021 operating earnings guidance range is now $4.65 to $4.75 per share. Previously, the range was $4.55 to $4.75. We’re maintaining our 5 – 7% long-term growth rate.
- Dividend boost: AEP’s Board of Directors voted to increase the quarterly dividend by 4 cents to 78 cents per share. This increase is in line with our earnings growth rate of 5 – 7%.
Why we narrow our guidance: Investors want predictable returns on their investments. Narrowing our range allows investors to better predict their returns. It also shows them we’re confident we’ll be in the upper part of our original earnings guidance range.
What to watch for in the final quarter:
- O&M spending will continue to have an impact on our earnings. It’s one of the main factors that negatively impacted our 2021 third-quarter earnings.
- In 2020, we substantially decreased O&M spending. Increases in O&M are going to have a bigger impact on our bottom line until we return to pre-pandemic performance and/or spending levels.
You can see a complete breakdown the numbers here.
AEP has completed its strategic review process announced in April and has made the decision to sell the Kentucky operations, which include Kentucky Power and AEP Kentucky Transco, to Liberty. Liberty provides electric, natural gas, water and wastewater service to more than 1 million customer connections, mainly in 13 U.S. states and Canada.
The sale directly impacts 360 employees., including 315 employees in Kentucky Power and another 45 employees from the Service Corporation who will transfer to the new owner when the sale is completed. AEP is committed to working with these individuals to provide information about their options and answer questions as we address the personal impacts of this transition.
Mitchell Plant will continue to be operated by AEP, pending regulatory approval of new plant ownership and operating agreements that will be filed this year. The 200 plant employees and support personnel will be transferred to Wheeling Power. Liberty will own and obtain power from Kentucky Power’s 50% portion of the plant through 2028.
“Our employees have done an incredible job supporting our customers and communities, and I’m confident that they will contribute to the future success of Liberty,” said Nick Akins, chairman, president and chief executive officer. “We will continue to work hard every day to ensure our Kentucky Power customers have safe, reliable service, while working closely with employees and community leaders to ensure a smooth transition. We also will be working with the Liberty team to obtain the regulatory approvals necessary to complete the sale,” Akins said.
The sale must be approved by regulators including the Kentucky Public Service Commission and the Federal Energy Regulatory Commission. AEP expects the transaction to close in the second quarter of 2022.
AEP and Kentucky Power leadership are sharing information with these employees in a series of meetings.
“The employees of Kentucky Power have provided tremendous value to AEP and our customers. I know I speak for leaders across AEP when I say that we greatly appreciate all they have done to provide reliable and efficient electric service in the most professional manner. Liberty is acquiring an outstanding team,” said Brett Mattison, president & COO, Kentucky Power.
Mattison noted that AEP is working with Liberty and with employees to assure as smooth a transition as possible. “I recognize that this has been and will continue to be an uncertain time for our employees for a bit longer. It’s very important for everyone to focus on the task at hand and work safely at all times,” he said.
AEP plans to use the funds from this transaction to invest in regulated projects such as transmission and renewable energy. This strengthens the company’s financing plan by reducing the amount of money AEP has to borrow to fund these projects.
Liberty is based in Oakville, a town in Ontario, Canada, with U.S. operations in 13 other states including Arizona, Arkansas, California, Georgia, Illinois, Iowa, Kansas, Massachusetts, Missouri, New Hampshire, New York, Oklahoma and Texas. They have significant experience running regulated energy utilities, including generation, distribution and transmission assets. Their parent company is Algonquin Power & Utilities, which also owns a renewable energy business.
AEP’s 2022 Health & Welfare Benefits Guides for retirees are now available at the links below or on the ‘Benefits’ tab.
Information was mailed out on October 13, 2021, to those retirees who are over the age of 65 and don’t have an email address on file. If an email address is on file, information was sent via email on October 19.
As previously communicated, those retirees under age 65 will no longer receive printed materials and will need to access aepbenefits.com for annual enrollment information if they don’t have an email address on file. For those with an email address on file, information was emailed on October 18.
The 2022 annual enrollment period starts October 20 and will continue through November 10. For additional information log onto aepbenefits.com. As a reminder, you must create a new user name and password, if you haven’t done so already.
If you have any questions or need assistance with logging in or making any changes to your 2022 benefits, please contact the AEP Benefits Center at 1-888-237-2363, option 1.
2022 Annual Enrollment Guide for Retirees & Survivors Age 65 or Over
2022 Annual Enrollment Guide for Retirees & Survivors Under Age 65
College football is a game of traditions and few people know that better than Ike Liles. Ike recently retired as the manager of distribution services for the Abilene district in AEP Texas.
The photo above shows him on Kyle Field playing football for Texas A&M. It’s a place he was never supposed to be.
On the latest episode of Connected: The AEP Employee Podcast, hear how Ike became the embodiment of one of college football’s biggest traditions – the Texas A&M 12th Man. Follow this link to listen to the episode.
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Recently, the second of three wind farms started commercial operations in central Oklahoma, marking a major milestone in a project that exemplifies the future direction of American Electric Power.
Southwest of Enid, Okla., 103 GE Renewable wind turbines are now operating at the 287-megawatt (MW) Maverick Wind Farm – part of three North Central Energy facilities that will eventually provide clean energy for 440,000 homes in Louisiana, Arkansas and Oklahoma. Invenergy is developing the facilities, which are being purchased after completion by Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO).
The 199-MW Sundance Wind Farm began commercial operations in April. The third and largest, the 999-MW Traverse Wind Farm, is under construction and should go into operation in early 2022. Traverse will provide two-thirds of the capacity for the North Central Energy Facilities.
“Today, a total of about 16,300 megawatts of renewable generation are interconnected across AEP’s transmission system,” said Paul Chodak, executive vice president, Generation. “In line with AEP’s strategic vision and its commitment to energy sustainability, we are transforming our Generation fleet to reduce fossil fuel capacity and advance toward clean energy to position for the future. It is with much excitement that we see the startup of operations at Maverick Wind Farm.”
“The North Central Energy Facilities project was only possible through much collaboration across AEP and with Invenergy,” said Antonio Smyth, senior vice president, Grid Solutions. “Kudos to our teams which also worked hard to obtain approvals from regulators in Oklahoma, Louisiana and Arkansas – as well as from the Federal Energy Regulatory Commission (FERC).
After Traverse Wind Farm begins commercial operations early next year, more than 500 wind turbines at the three facilities will produce nearly 1,500 MW of clean energy for PSO and SWEPCO customers – saving them an estimated $3 billion over the lifetime of the project. Some of the energy will support wholesale customers and provide additional capacity for future economic development in these regions.
 Rockport Plant, Indiana. |
Working for a major utility company, we all know that our industry is going through a historic and dramatic shift in where and how we generate electricity for our customers.
For decades, AEP invested billions of dollars in coal-fired generation plants. Today, AEP is shifting its investments from fossil fuels into wind turbine, solar power projects and other technologies. That has meant difficult decisions have been made that impact our fellow employees.
The forces behind these changes are explored in the latest episode of the [AEP Employee Podcast]: Why AEP is Moving Away from Coal.
Discussing the company’s position are Paul Chodak, executive vice president, Generation; Darcy Reese, vice president, Investor Relations; and Toby Thomas, senior vice president, Energy Delivery (at the time of the taping Thomas was president and chief operating officer of Indiana Michigan Power). The episode is hosted by Bailey Cultice, communications consultant principal.
“This is not a decision that AEP has made on its own, this is not a unilateral decision,” Chodak said citing investor pressure, the low cost of renewable power and the looming likelihood of more regulation for carbon emissions. “Straight up economics has taken us to where we are now.”
More and more, large investors want to know AEP’s plan to transition away from coal and how quickly we can do it. “They are looking at climate change,” Reese said. “It is a defining issue of our time.”
Listen to the entire episode for a detailed look into the strategy and challenges AEP faces.
Also, please check out the[ other podcast episodes] which have featured stories on AEP’s meteorology team, a Native American running program, how AEP protects the grid and much more.
Arkansas
Johnny Ruckman, 72, Dyess Substation, Springdale, AR, died 5/10/2021
Steven Vaughn, 73, Rockport Plant, Rockport, IN, died 5/6/2021
Indiana
Valerie Heidbrink, 72, Elkhart Ofc/Svc Bldg, Elkhart, IN, died 6/5/2021
Brian Welles, 65, Ft Wayne One Summit Square, Ft. Wayne, IN, died 6/10/2021
Michael Griggs, 74, Ft Wayne One Summit Square, Ft. Wayne, IN, died 6/26/2021
Jerry Johnson, 77, Rockport Plant, Rockport, IN, died 6/5/2021
Stanley Leszczynski, 89, South Bend Svc Ctr, South Bend, IN, died 5/24/2021
Albert Carlson, 87, South Bend Svc Ctr, South Bend, IN, died 7/8/2021
Linda Fry, 77, Muncie Srv Ctr, Muncie, IN, died 4/20/2021
Clara Whan, 86, Ft Wayne One Summit Square, Ft. Wayne, IN, died 5/10/2021
Ronald Ronk, 86, Marion Svc Ctr-Bldg#1, Marion, IN, died 4/23/2021
Kenneth Johnston, 76, Tanners Creek Plant, Lawrenceburg, IN, died 5/25/2021
Kentucky
Gerald Butler, 72, Robert E Matthews Service Cent, Ashland, KY, died 6/4/2021
Lida Howard, 82, Prestonsburg Office, Prestonsburg, KY, died 6/12/2021
Bill Marushi, 90, Big Sandy Plant, Louisa, KY, died 6/11/2021
Geraldine Perry, 81, Whitesburg Office, Whitesburg, KY, died 6/26/2021
Louisiana
Nell Tuck, 90, Shreveport General Office, Shreveport, LA, died 5/18/2021
James Vincent, 85, Shreveport General Office, Shreveport, LA, died 5/4/2021
Robert Senn, 83, Shreveport General Office, Shreveport, LA, died 7/3/2021
Joe Comer, 86, Shreveport General Office, Shreveport, LA, died 6/12/2021
Brenda Ashley, 60, Shreveport General Office, Shreveport, LA, died 6/19/2021
Eddie Byrd, 75, Central Maintenance Facility, Shreveport, LA, died 6/10/2021
Stephen Barrios, 67, Elmwood Drydock&Repair Shpyrd, Belle Chasse, LA, died 5/16/2021
Michigan
Terry Burkhard, 65, Cook Nuclear Plant, Bridgman, MI, died 7/2/2021
Robert Smith, 74, Cook Nuclear Plant, Bridgman, MI, died 4/30/2021
Thomas Wieczorek, 79, St Joe Ofc & Svc Ctr, Benton Harbor, MI, died 5/17/2021
Bernard Nisonger, 87, Three Rivers Svc Ctr, Three Rivers, MI, died 5/19/2021
Ohio
Carlos Brewer, 65, Zanesville Station, Zanesville, OH, died 6/7/2021
Timothy Byrne, 67, Kenton Service Center, Kenton, OH, died 5/24/2021
Roger Guinn, 66, Muskingum River, Waterford, OH, died 5/18/2021
John Klein, 71, Picway Plant, Lockbourne, OH, died 6/20/2021
Thomas Fox, 56, Tiffin Service Center, Tiffin, OH, died 7/2/2021
Stephen Haugh, 70, Tiffin Service Center, Tiffin, OH, died 6/20/2021
Philip Hill, 71, Gavin, Cheshire, OH, died 5/4/2021
Charles Morarity, 72, AEP Headquarters, Columbus, OH, died 6/14/2021
Robert Parr, 73, 850 Tech Center Bldg, Gahanna, OH, died 4/17/2021
James White, 73, Portsmouth Svc Ctr, Portsmouth, OH, died 5/8/2021
Gary Kunkler, 73, Mound St Svc Ctr, Columbus, OH, died 4/22/2021
Allen Housley, 73, Canton General Svc Ctr, Canton, OH, died 4/19/2021
David Merrick, 74, Columbia Ctr Trnsmn Svc Ctr, Pataskala, OH, died 5/30/2021
Lawrence Olsen, 73, 850 Tech Center Bldg, Gahanna, OH, died 5/26/2021
Roger Friend, 77, Columbus Nw Svc Ctr, Dublin, OH, died 5/23/2021
Lawrence Reoch, 84, AEP Headquarters, Columbus, OH, died 5/14/2021
Robert Amell, 87, AEP Headquarters, Columbus, OH, died 6/1/2021
Stanley Wielobob, 83, AEP Headquarters, Columbus, OH, died 5/31/2021
Willis White, 94, AEP Headquarters, Columbus, OH, died 7/4/2021
Walter Webb, 73, Lancaster Office Bldg, Lancaster, OH, died 1/17/2021
Ralph Bowser, 85, Gavin, Cheshire, OH, died 7/9/2021
Rex Alley, 91, Canton Estrn Reg Ofc, Canton, OH, died 6/29/2021
James Marihugh, 90, Lima Service Center, Lima, OH, died 6/22/2021
Richard Bays, 85, Portsmouth Svc Ctr, Portsmouth, OH, died 6/29/2021
Marjorie Johnson, 83, Cardinal Plant, Brilliant, OH, died 5/22/2021
Carolyn Shafer, 85, 850 Tech Center Bldg, Gahanna, OH, died 6/7/2021
John Schrade, 90, Canton Estrn Reg Ofc, Canton, OH, died 5/17/2021
David Wagner, 88, Zanesville Office, Zanesville, OH, died 5/24/2021
Dorothy Evans, 100, 850 Tech Center Bldg, Gahanna, OH, died 5/27/2021
June McVay, 99, E Liverpool Ofc Bldg, East Liverpool, OH, died 6/17/2021
Rita Booth, 86, Canton Estrn Reg Ofc, Canton, OH, died 6/29/2021
Robert Hawk, 77, Conesville Plant, Conesville, OH, died 6/25/2021
Robert Kappel, 80, Zanesville Svc Ctr, Zanesville, OH, died 6/23/2021
Robert Bistor, 91, Central Ohio Coal, Cumberland, OH, died 6/20/2021
James Moser, 82, AEPOH 700 Bldg Gahanna, Gahanna, OH, died 6/13/2021
Ned Carter, 88, Conesville Plant, Conesville, OH, died 4/27/2021
Beryl Cisco, 91, 850 Tech Center Bldg, Gahanna, OH, died 5/21/2021
Francis Schilling, 83, Muskingum River, Waterford, OH, died 4/24/2021
Donald Muse, 90, Muskingum River, Waterford, OH, died 5/22/2021
Paul Greiner, 95, AEP Headquarters, Columbus, OH, died 5/26/2021
Raymond Kemp, 84, Gavin, Cheshire, OH, died 5/24/2021
Robert Hallam, 42, Grandview Service Center, Columbus, OH, died 7/18/2021
Brian Brown, 43, Steubenville Service Center, Steubenville, OH, died 7/3/2021
Oklahoma
Randall Blackwood, 74, Northeastern Stn 1&2, Oologah, OK, died 6/7/2021
Minnie Burnett, 93, Tulsa General Office, Tulsa, OK, died 6/2/2021
Curtis Elmore, 63, Vinita, Vinita, OK, died 7/13/2021
J Lord, 78, Tulsa General Office, Tulsa, OK, died 5/25/2021
Dale Wear, 100, Tulsa General Office, Tulsa, OK, died 5/25/2021
James Bischoff, 85, Tulsa General Office, Tulsa, OK, died 4/19/2021
Tennessee
Lewis Crouch, 59, Kingsport Service Ctr, Kingsport, TN, died 6/13/2021
Denver Head, 83, Kingsport Service Ctr, Kingsport, TN, died 6/8/2021
Texas
Jack Davis, 91, Home Office-CC, Corpus Christi, TX, died 6/5/2021
Johnnie Murphy, 96, Home Office-CC, Corpus Christi, TX, died 6/10/2021
Boniface Parma, 85, Home Office-CC, Corpus Christi, TX, died 4/20/2021
Teresa Whitt, 66, Home Office-CC, Corpus Christi, TX, died 6/14/2021
Leonard Wright, 81, Longview, Longview, TX, died 4/19/2021
Clara Davis, 77, Hpl Metro Building, Houston, TX, died 6/28/2021
Barbara Ball, 79, Sw Dist Sys-San Angelo, San Angelo, TX, died 5/27/2021
Mary Cagle, 83, General Office, Abilene, TX, died 5/9/2021
James Duke, 84, General Office, Abilene, TX, died 5/5/2021
Raymond Modrall, 88, General Office, Abilene, TX, died 6/11/2021
Tommie Reynolds, 90, General Office, Abilene, TX, died 7/3/2021
E Spears, 87, General Office, Abilene, TX, died 4/26/2021
Jimmy Stinnett, 74, General Office, Abilene, TX, died 5/24/2021
Virgina
Mark Boles, 68, Smith Mountain Hydro, Sandy Level, VA, died 6/29/2021
Robert Norcross, 78, Roanoke Main Office, Roanoke, VA, died 5/23/2021
Samuel Farmer, 93, Roanoke Main Office, Roanoke, VA, died 6/1/2021
West Virginia
Michael Lambert, 62, Mountaineer Plant, New Haven, WV, died 7/3/2021
Larry Phillips, 64, Mitchell Plant, Cresap, WV, died 6/9/2021
Steven Ward, 66, Amos Plant, Winfield, WV, died 5/4/2021
Randall Marcum, 70, Williamson Svc Ctr, Williamson, WV, died 5/22/2021
James Dean, 70, Amos Plant, Winfield, WV, died 6/27/2021
Earnest Scarbin, 74, Kammer, Moundsville, WV, died 5/23/2021
Arthur Walker, 81, Walgrove Off & Srv Ctr, Elkview, WV, died 6/14/2021
James Thomas, 82, River Trans Division, West Columbia, WV, died 5/9/2021
Dennis Fabrizio, 62, Wheeling Service Bldg, Wheeling, WV, died 6/29/2021
James Crane, 93, Charleston Office, Charleston, WV, died 5/26/2021
Lewis Melchiori, 90, Kammer, Moundsville, WV, died 4/23/2021
Robert Nelson, 80, Bluefield Office, Bluefield, WV, died 5/15/2021
Donald Jones, 88, Central Machine Shop, South Charleston, WV, died 5/10/2021
Charles Slack, 81, Kanawha River Plant, Glasgow, WV, died 5/30/2021
Raymond Nickell, 81, Central Machine Shop, South Charleston, WV, died 6/18/2021
William Massar, 87, Cross Lanes Office, Cross Lanes, WV, died 5/31/2021
Arkansas
Steven Sharp retired 6/2/2021 from Dequeen, Dequeen, AR after 50 years of service
Gary Alford retired 7/1/2021 from Harry D. Mattison Plant, Tontitown, AR after 20 years of service
Illinois
James Gower retired 7/7/2021 from Cook Coal Terminal, Metropolis, IL after 45 years of service
Indiana
Bradley Curtis retired 6/1/2021 from Decatur Service Center, Decatur, IN after 35 years of service
John Zorn retired 5/22/2021 from Rockport Plant, Rockport, IN after 40 years of service
Gregory McCarty retired 6/28/2021 from Rockport Plant, Rockport, IN after 37 years of service
John Gianopoulos retired 7/9/2021 from Rockport Plant, Rockport, IN after 41 years of service
John Lagrange retired 7/9/2021 from Rockport Plant, Rockport, IN after 37 years of service
Brian Grawcock retired 7/1/2021 from Northeast Svc Center, New Haven, IN after 43 years of service
Marc Lewis retired 7/1/2021 from Ft Wayne One Summit Square, Ft. Wayne, IN after 34 years of service
Kim Sabrosky retired 7/10/2021 from Ft Wayne One Summit Square, Ft. Wayne, IN after 43 years of service
Rodney Collins retired 7/1/2021 from Marion Svc Ctr-Bldg#1, Marion, IN after 36 years of service
Glen Ryan retired 7/1/2021 from Muncie Srv Ctr, Muncie, IN after 44 years of service
Robert Astrop retired 7/1/2021 from Muncie Srv Ctr, Muncie, IN after 35 years of service
Nada Amburn retired 7/31/2021 from Muncie Srv Ctr, Muncie, IN after 30 years of service
Gary Glassburn retired 7/1/2021 from South Bend Svc Ctr, South Bend, IN after 51 years of service
Robert Strasburg retired 7/2/2021 from South Bend Svc Ctr, South Bend, IN after 35 years of service
Kim Oster retired 7/1/2021 from Baer Field Svc Ctr, Ft. Wayne, IN after 40 years of service
Joseph Minnick retired 7/24/2021 from Spy Run Bldg. #3, Ft. Wayne, IN after 33 years of service
Leah Minnick retired 7/31/2021 from Ardmore Trans TC Serv Center, Ft Wayne, IN after 35 years of service
Kentucky
Douglas Combs retired 7/17/2021 from Hazard Service Center, Hazard, KY after 42 years of service
George Whitaker retired 5/31/2021 from Whitesburg Office, Whitesburg, KY after 41 years of service
Marshall Ison retired 7/31/2021 from Whitesburg Office, Whitesburg, KY after 37 years of service
Jackawayne Chaney retired 7/1/2021 from Pikeville Service Ctr, Pikeville, KY after 50 years of service
Gregory Stanley retired 7/10/2021 from Pikeville Service Ctr, Pikeville, KY after 41 years of service
Dwayne Kidd retired 6/24/2021 from Pikeville Office, Pikeville, KY after 34 years of service
Billy Preece retired 7/6/2021 from Big Sandy Plant, Louisa, KY after 15 years of service
Gregory Sargent retired 7/7/2021 from Big Sandy Plant, Louisa, KY after 41 years of service
Larry Kersey retired 7/1/2021 from Robert E Matthews Service Cent, Ashland, KY after 42 years of service
Anthony George retired 7/8/2021 from Robert E Matthews Service Cent, Ashland, KY after 41 years of service
Randy Hamilton retired 7/31/2021 from Robert E Matthews Service Cent, Ashland, KY after 35 years of service
Louisiana
Archie Smith retired 7/1/2021 from McNeil Street Center, Shreveport, LA after 41 years of service
James Durham retired 7/10/2021 from System Control Center, Shreveport, LA after 45 years of service
Sharon Cadwallader retired 5/28/2021 from Natchitoches Service Center, Natchitoches, LA after 43 years of service
Johnny Oliver-Jones retired 7/1/2021 from Shreveport General Office, Shreveport, LA after 41 years of service
Thomas Patty retired 7/24/2021 from Shreveport General Office, Shreveport, LA after 40 years of service
Vera Irle retired 7/31/2021 from Shreveport General Office, Shreveport, LA after 40 years of service
Wesley Hull retired 7/31/2021 from Shreveport Production, Shreveport, LA after 39 years of service
Randy Wilson retired 5/28/2021 from Dolet Hills Lignite, Mansfield, LA after 31 years of service
Michigan
Michael Fry retired 7/9/2021 from Cook Material Center, Bridgman, MI after 28 years of service
John Wodarczyk retired 7/9/2021 from Cook Material Center, Bridgman, MI after 37 years of service
Arthur Briney retired 7/20/2021 from Cook Material Center, Bridgman, MI after 28 years of service
El Dorado McCaulley retired 5/26/2021 from Cook Nuclear Plant, Bridgman, MI after 21 years of service
Joseph Gallagher retired 5/28/2021 from Cook Nuclear Plant, Bridgman, MI after 21 years of service
Gregory Hines retired 7/1/2021 from Cook Nuclear Plant, Bridgman, MI after 43 years of service
Mary Smith retired 7/2/2021 from Cook Nuclear Plant, Bridgman, MI after 31 years of service
Richard Hartman retired 7/16/2021 from Cook Nuclear Plant, Bridgman, MI after 29 years of service
Joseph Donnelly retired 7/16/2021 from Cook Nuclear Plant, Bridgman, MI after 30 years of service
David Gallion retired 7/17/2021 from Cook Nuclear Plant, Bridgman, MI after 37 years of service
Mark Raycraft retired 7/30/2021 from Cook Nuclear Plant, Bridgman, MI after 34 years of service
Michael Oclon retired 6/17/2021 from Buchanan Nuclear Ofc, Buchanan, MI after 21 years of service
James Petro retired 7/9/2021 from Buchanan Nuclear Ofc, Buchanan, MI after 12 years of service
Gregory Hill retired 7/23/2021 from Buchanan Nuclear Ofc, Buchanan, MI after 23 years of service
Thomas Craven retired 7/28/2021 from Buchanan Nuclear Ofc, Buchanan, MI after 35 years of service
Stephen Kelley retired 7/31/2021 from Buchanan Nuclear Ofc, Buchanan, MI after 27 years of service
Ohio
Max Moscrip retired 6/10/2021 from Alliance, Alliance, OH after 42 years of service
Robert Charles retired 7/1/2021 from Transmission Ops Center, New Albany, OH after 36 years of service
Michael Isenberg retired 6/19/2021 from AEP Headquarters, Columbus, OH after 40 years of service
Robert Follmer retired 7/1/2021 from AEP Headquarters, Columbus, OH after 17 years of service
Nancy Heimberger retired 7/2/2021 from AEP Headquarters, Columbus, OH after 24 years of service
Brenton Savage retired 7/3/2021 from AEP Headquarters, Columbus, OH after 31 years of service
Robert McCoy retired 7/10/2021 from AEP Headquarters, Columbus, OH after 41 years of service
Annette Richardson retired 7/10/2021 from AEP Headquarters, Columbus, OH after 20 years of service
Edie Koerth retired 7/10/2021 from AEP Headquarters, Columbus, OH after 22 years of service
Thomas Johnson retired 7/24/2021 from AEP Headquarters, Columbus, OH after 39 years of service
William Vogel retired 7/10/2021 from 850 Tech Center Bldg, Gahanna, OH after 30 years of service
Sandra Dragon retired 6/12/2021 from Central Operations Center, Groveport, OH after 14 years of service
Allen Howe retired 7/17/2021 from Mound St Svc Ctr, Columbus, OH after 20 years of service
Elino Julian retired 7/7/2021 from Columbia Ctr Trnsmn Svc Ctr, Pataskala, OH after 43 years of service
Jill Loughry retired 7/31/2021 from Telecommunications, Groveport, OH after 40 years of service
Don Sheldon retired 7/10/2021 from Kenton Service Center, Kenton, OH after 31 years of service
Robert Moon retired 7/3/2021 from Zanesville Svc Ctr, Zanesville, OH after 40 years of service
William Norris retired 7/14/2021 from Cambridge Service Center, Cambridge, OH after 34 years of service
Thomas Schweikert retired 5/18/2021 from Muskingum River, Waterford, OH after 35 years of service
Stephen Broderson retired 7/1/2021 from Belmont Ofc & Svc Bldg, St. Clairsville, OH after 14 years of service
Jerry Hays retired 6/22/2021 from Steubenville Service Center, Steubenville, OH after 35 years of service
Mark Gundling retired 7/1/2021 from Steubenville Service Center, Steubenville, OH after 39 years of service
Scott Stillwagon retired 7/10/2021 from Steubenville Service Center, Steubenville, OH after 37 years of service
Brian Gilroy retired 7/8/2021 from Lima Service Center, Lima, OH after 41 years of service
Charles Knoles retired 7/3/2021 from Chillicothe Svc Ctr, Chillicothe, OH after 40 years of service
Clifford Moritz retired 5/21/2021 from Canton Ne Svc Ctr, Canton, OH after 36 years of service
Karen MacLean retired 6/1/2021 from Canton Ne Svc Ctr, Canton, OH after 37 years of service
Timothy Bailey retired 7/24/2021 from Canton South Svc Ctr, Canton, OH after 40 years of service
Steven Frisch retired 7/7/2021 from Bucyrus Service Center, Bucyrus, OH after 47 years of service
Ronald Burns retired 7/7/2021 from Tiffin Service Center, Tiffin, OH after 32 years of service
John Liebrecht retired 7/7/2021 from AEP Transmission New Albany HQ, New Albany, OH after 39 years of service
Leslie McCune retired 7/1/2021 from AEPOH 700 Bldg Gahanna, Gahanna, OH after 41 years of service
Shelley Jahn retired 7/1/2021 from AEPOH 700 Bldg Gahanna, Gahanna, OH after 43 years of service
Martin Hohl retired 7/9/2021 from AEPOH 700 Bldg Gahanna, Gahanna, OH after 24 years of service
Bradford Martin retired 7/10/2021 from AEPOH 700 Bldg Gahanna, Gahanna, OH after 43 years of service
Donald Mays retired 7/31/2021 from Wellston Ofc&Svc Ctr, Wellston, OH after 18 years of service
Keith Green retired 7/3/2021 from Crooksville Svc Bldg, Crooksville, OH after 35 years of service
Denny Deborde retired 7/31/2021 from South Point Ofc & Svc Ctr, South Point, OH after 39 years of service
Clarence Woodhouse retired 5/25/2021 from Delaware Service Ctr, Delaware, OH after 42 years of service
John Rufener retired 7/7/2021 from Wooster Service Bldg, Wooster, OH after 40 years of service
Charles Kuskowski retired 7/24/2021 from AEP Transmission NewAlbany HQ2, New Albany, OH after 50 years of service
Christian Vittorio retired 7/31/2021 from Transmission Columbus Svc Ctr, Columbus, OH after 41 years of service
Oklahoma
Chris Woodard retired 7/10/2021 from Tulsa General Office, Tulsa, OK after 43 years of service
Kenneth Haley retired 7/31/2021 from Tulsa General Office, Tulsa, OK after 40 years of service
Brigit Graham retired 7/31/2021 from Tulsa General Office, Tulsa, OK after 36 years of service
Monica Parker retired 7/31/2021 from Tulsa General Office, Tulsa, OK after 23 years of service
Theodore Bowen retired 7/24/2021 from Tulsa Power Station, Tulsa, OK after 31 years of service
John Bain retired 6/8/2021 from Energy Control Center, Tulsa, OK after 40 years of service
Rick Weatherford retired 7/10/2021 from Energy Control Center, Tulsa, OK after 42 years of service
Douglas Standlee retired 5/21/2021 from Northeastern Stn 3&4, Oologah, OK after 36 years of service
Elbert Watts retired 7/24/2021 from Northeastern Stn 3&4, Oologah, OK after 39 years of service
Alvin Cretsinger retired 7/7/2021 from Northeastern Stn 3&4, Oologah, OK after 26 years of service
Gary Skocdopole retired 7/2/2021 from Alsuma Meter & Substation, Tulsa, OK after 40 years of service
Sandra Grego retired 6/16/2021 from Tulsa General Office, Tulsa, OK after 30 years of service
Saundra Thompson retired 6/2/2021 from Tulsa General Office, Tulsa, OK after 27 years of service
Glen Hagar retired 7/1/2021 from Tulsa General Office, Tulsa, OK after 30 years of service
Dorothy Renault retired 7/3/2021 from Tulsa General Office, Tulsa, OK after 42 years of service
Joseph Sanders retired 7/29/2021 from Vinita, Vinita, OK after 22 years of service
Troy Williams retired 7/31/2021 from Chickasha, Chickasha, OK after 15 years of service
Martin Anderson retired 6/1/2021 from Mid Metro, Tulsa, OK after 18 years of service
Ruth Dovers retired 7/2/2021 from Mid Metro, Tulsa, OK after 44 years of service
Johnnie Henderson retired 7/3/2021 from Southwestern Station, Anadarko, OK after 42 years of service
James Clift retired 7/7/2021 from Southwestern Station, Anadarko, OK after 37 years of service
Tennessee
Rita Haga retired 7/31/2021 from Kingsport Service Ctr, Kingsport, TN after 32 years of service
Floyd Wilson retired 7/1/2021 from Kingsport Service Ctr, Kingsport, TN after 43 years of service
Texas
Mitchell Kidd retired 7/10/2021 from Home Worksite-Texas, TX after 29 years of service
David Garcia retired 7/31/2021 from Pharr North Service Center, Pharr, TX after 13 years of service
Randy Mudd retired 7/31/2021 from Cc South Area Office, Corpus Christi, TX after 38 years of service
Mark Ochoa retired 7/24/2021 from Western Div Office, Laredo, TX after 26 years of service
Troy Martin retired 7/31/2021 from Alice Service Center, Alice, TX after 36 years of service
Terry Raley retired 7/3/2021 from Uvalde Service Center, Uvalde, TX after 36 years of service
Michael Wilson retired 7/10/2021 from Pearsall Service Center, Pearsall, TX after 10 years of service
Russell Ward retired 7/10/2021 from Goliad Service Office, Goliad, TX after 35 years of service
James Alford retired 5/18/2021 from Pirkey Plant, Hallsville, TX after 36 years of service
Antonio Hernandez retired 7/7/2021 from Pirkey Plant, Hallsville, TX after 30 years of service
Henry Dancer retired 7/10/2021 from Hamlin, Hamlin, TX after 26 years of service
William Bywaters retired 7/24/2021 from Victoria Service Center, Victoria, TX after 17 years of service
Rhonda Fahrlender retired 7/7/2021 from Meter Services, Abilene, TX after 41 years of service
Larry Clifton retired 7/1/2021 from T & D Operations, Abilene, TX after 43 years of service
Justo Bryand retired 7/10/2021 from Central Div-Br-Victoria, Victoria, TX after 42 years of service
Everett Jones retired 7/1/2021 from Longview Operations, Longview, TX after 40 years of service
Jimmy Collins retired 7/3/2021 from Longview Operations, Longview, TX after 46 years of service
Kelly Gilday retired 5/30/2021 from Harlingen Svc Center, Harlingen, TX after 35 years of service
Gerardo Gonzalez retired 7/3/2021 from Laredo Service Center, Laredo, TX after 39 years of service
Jose De Hoyos retired 7/3/2021 from Laredo Service Center, Laredo, TX after 40 years of service
Randall Kurtz retired 7/24/2021 from Ballinger, Ballinger, TX after 41 years of service
William Jones retired 7/13/2021 from Wilkes Plant, Avinger, TX after 33 years of service
Julio Reyes retired 7/1/2021 from Home Office-CC, Corpus Christi, TX after 46 years of service
Jim Fowler retired 7/7/2021 from Home Office-CC, Corpus Christi, TX after 37 years of service
Joe Powell retired 7/2/2021 from Welsh Plant, Pittsburg, TX after 28 years of service
Randy Beckett retired 7/10/2021 from Welsh Plant, Pittsburg, TX after 36 years of service
Pablo Garza retired 7/10/2021 from San Benito Service Center, San Benito, TX after 31 years of service
Jerry Matheny retired 7/1/2021 from Corpus Christi TOC, Corpus Christi, TX after 40 years of service
Louis Kubala retired 7/10/2021 from Corpus Christi TOC, Corpus Christi, TX after 44 years of service
Tommy Cage retired 7/24/2021 from Corpus Christi TOC, Corpus Christi, TX after 42 years of service
William Rouse retired 7/9/2021 from Corpus Christi Service Center, Corpus Christi, TX after 35 years of service
Mickey Sutton retired 7/3/2021 from Knox Lee Plant, Longview, TX after 37 years of service
John Ford retired 7/21/2021 from Knox Lee Plant, Longview, TX after 41 years of service
Virginia
Robert Schronce retired 7/7/2021 from Pulaski Svc Center, Pulaski, VA after 41 years of service
Barry Burnette retired 7/15/2021 from Fieldale Office, Fieldale, VA after 41 years of service
Donald Nance retired 7/17/2021 from Fieldale Office, Fieldale, VA after 30 years of service
Brian Martin retired 7/10/2021 from Roanoke Main Office, Roanoke, VA after 35 years of service
Michael Humphrey retired 7/6/2021 from Roanoke Service Bldg., Roanoke, VA after 35 years of service
Steven Montgomery retired 7/23/2021 from Stuart Office, Stuart, VA after 32 years of service
West Virginia
Patricia McCormick retired 7/3/2021 from Beckley Service Center, Beckley, WV after 40 years of service
Danny Windon retired 7/10/2021 from Beckley Service Center, Beckley, WV after 41 years of service
Teresa Adkins retired 7/2/2021 from Huntington Svc Ctr, Huntington, WV after 29 years of service
Mark Booth retired 7/9/2021 from Huntington Svc Ctr, Huntington, WV after 37 years of service
David Dunn retired 7/30/2021 from Huntington Svc Ctr, Huntington, WV after 35 years of service
Jerry Hawley retired 5/18/2021 from Amos Plant, Winfield, WV after 37 years of service
Patrick Farry retired 5/29/2021 from Amos Plant, Winfield, WV after 41 years of service
Richard Landers retired 5/31/2021 from Amos Plant, Winfield, WV after 41 years of service
Cassandra Haynes retired 7/1/2021 from Amos Plant, Winfield, WV after 36 years of service
Terry Burdette retired 7/1/2021 from Amos Plant, Winfield, WV after 44 years of service
Jeffrey Harrah retired 7/1/2021 from Amos Plant, Winfield, WV after 37 years of service
Michael Wagner retired 7/1/2021 from Amos Plant, Winfield, WV after 41 years of service
Deanna Cunningham retired 7/3/2021 from Amos Plant, Winfield, WV after 25 years of service
Kevin Standifur retired 7/10/2021 from Bluefield Wv Srv Ctr, Bluefield, WV after 36 years of service
Randolph Jones retired 7/16/2021 from N Charleston Trs Svc Ctr, Charleston, WV after 42 years of service
Tony Paragon retired 7/17/2021 from N Charleston Trs Svc Ctr, Charleston, WV after 44 years of service
William Sell retired 6/1/2021 from Mitchell Plant, Cresap, WV after 30 years of service
Patrick Frohnapfel retired 6/2/2021 from Mitchell Plant, Cresap, WV after 36 years of service
David Yoho retired 7/1/2021 from Mitchell Plant, Cresap, WV after 40 years of service
Phillip Cecil retired 7/1/2021 from Mitchell Plant, Cresap, WV after 15 years of service
Robert Randolph retired 7/3/2021 from Mitchell Plant, Cresap, WV after 41 years of service
Randy Suto retired 7/6/2021 from Mitchell Plant, Cresap, WV after 36 years of service
Richard Robinson retired 7/24/2021 from Mitchell Plant, Cresap, WV after 39 years of service
Roy Spry retired 7/7/2021 from Logan Service Center, Logan, WV after 22 years of service
Ervin Starr retired 7/13/2021 from Logan Service Center, Logan, WV after 43 years of service
Samuel Day retired 7/28/2021 from Logan Service Center, Logan, WV after 44 years of service
William Brown retired 6/25/2021 from Central Machine Shop, South Charleston, WV after 33 years of service
Robert Lake retired 7/16/2021 from Central Machine Shop, South Charleston, WV after 23 years of service
Joanne Chedester retired 6/2/2021 from Wheeling Service Bldg, Wheeling, WV after 32 years of service
Mark Wales retired 7/31/2021 from Wheeling Service Bldg, Wheeling, WV after 31 years of service
Donna Willey retired 5/18/2021 from Mountaineer Plant, New Haven, WV after 42 years of service
William Wolfe retired 7/2/2021 from Mountaineer Plant, New Haven, WV after 37 years of service
Janet Igleheart retired 7/10/2021 from Mountaineer Plant, New Haven, WV after 41 years of service
Dennis Taylor retired 7/29/2021 from River Trans Division, West Columbia, WV after 10 years of service
Janet Rosiek retired 6/18/2021 from N Charleston Svc Ctr, Charleston, WV after 28 years of service
John Snyder retired 7/1/2021 from N Charleston Svc Ctr, Charleston, WV after 41 years of service
Cindy Gates retired 7/1/2021 from N Charleston Svc Ctr, Charleston, WV after 37 years of service
Tony Nutter retired 7/3/2021 from N Charleston Svc Ctr, Charleston, WV after 41 years of service
Glen Lyall retired 7/31/2021 from N Charleston Svc Ctr, Charleston, WV after 13 years of service
AEP Community Engagement is pleased to announce the 2021 Making a Difference Grant program, including new elements to promote participation and allow more time to conduct activities.
Employees can apply for up to $300 to help fund local projects that involve at least five AEP active or retired employees in partnership with a school or nonprofit organization. This year’s grant program include two new elements. Projects are no longer limited to the month of October. Project coordinators will use the [Caring Together] volunteer website to promote and manage the activity as well as record volunteer hours.
Due to the on-going and evolving issues related to Covid-19, projects should be virtual or comply with current AEP COVID 19 safety precautions.
The deadline to submit applications is September 13, 2021.
To learn more about the grant program, see the [Community & Education Relations] website on AEP Now.
Complete an on-line application at AEP.com/AEPMDgrant
AEP Retirees & Alumni 