American Electric Power

American Electric Power (AEP) is an investor-owned monopoly utility company that serves 5.6 million customers in 11 states through its subsidiaries AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. In 2025, AEP agreed to pay a $19 million penalty to settle an SEC investigation that found AEP violated securities laws by failing to inform investors of its funding and control of a dark money group involved in a utility corruption scandal in Ohio.

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SWEPCO would raise Texas customer bills nearly 8% in “black box” settlement
October 22, 2026
Southwestern Electric Power Company, a utility serving more than 191,000 Texas customers, is set to increase monthly bills for a typical residential customer by 7.7% in a “black box” settlement agreement during its latest base rate case, according to an analysis by the Energy and Policy Institute. That increase excludes a surcharge that will allow...

Regulators Roundtable: Documents reveal GOPAC’s secretive influence network for utility commissioners
August 20, 2026
A recent Washington Post investigation brought new attention to the Regulators Roundtable, a little-known organization that connects Republican state utility commissioners with companies and trade associations that have interests before the regulators, and raises money from those companies and groups.  The Energy and Policy Institute provided records to the Post revealing how the organization solicited...

Six Ohio utilities contributed $2 million to DGA and RGA as Amy Acton and Vivek Ramaswamy campaigned on lowering energy bills 
May 18, 2026
Six of Ohio’s largest investor-owned electric and gas utilities contributed more than $2 million to the Republican Governors Association and Democratic Governors Association since January of last year, in an election cycle where Republican Vivek Ramaswamy and Democrat Amy Acton have both campaigned on lowering energy bills for Ohioans if elected as governor.  The six...
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