Tag: American Electric Power

AEP logo

AEP contributed to dark money group that gave money to Generation Now

Update: AEP has acknowledged funding Empowering Ohio's Economy, a dark money organization that contributed to Generation Now

/ July 24, 2020

ExxonMobil attacks wind power, carbon tax in Texas

ExxonMobil, Kinder Morgan and Occidental Petroleum are part of a coalition of companies that opposed a utility’s plan to provide 309 megawatts of new wind energy to customers in Texas....

/ July 6, 2020
Utility Corruption

Utility CEOs received over $1 billion in executive compensation from 2017 – 2019

Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.

/ April 27, 2020
A PG&E smart meter. Utilities are unevenly applying late fees and reconnecting customers who had been disconnected before pandemic crisis

Caught in patchwork of policies and pledges, some utility customers may still be awaiting electricity restoration or racking up fees

A mosaic of state policies and voluntary pledges has meant that the effects of missing a utility payment are playing out unevenly across the country.

/ April 14, 2020
Utility decarbonization trajectories

Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly

Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.

/ March 12, 2020

Utilities back anti-protest bills in Ohio and other states

Dominion Energy and Duke Energy are backing a controversial anti-protest bill in Ohio, the latest front in a national campaign by the American Legislative Exchange Council and its funders in...

/ February 10, 2020

Financial analysts expect decarbonization will benefit utility ratepayers and shareholders

Replacing coal with renewable energy could save customers $8 billion each year

/ January 9, 2020

Strings Attached: How utilities use charitable giving to influence politics and increase investor profits

Download full report American Electric Power American Electric Power (AEP) is one of the nation’s largest investor-owned utilities, with 5 million customers in eleven states, including Arkansas, Indiana, Kentucky, Louisiana,...

/ December 10, 2019

Strings Attached: How utilities use charitable giving to influence politics and increase investor profits

Click to jump to the utility case studies. I. Introduction In the fall of 2017, a parade of paid actors, pretending to be concerned residents, lined up to offer public...

/ December 10, 2019

Report details utilities’ use of charitable giving to influence politics

Utilities' charitable giving a massive part of their political operations, used to manipulate support from low-income communities and communities of color.

/ December 9, 2019