Subsidy Tracker Parent Company Summary

Parent Company Name: 
American Electric Power
Ownership Structure: 
publicly traded (ticker symbol AEP)
Headquartered in: 
Ohio
Major Industry: 
utilities and power generation
Specific Industry: 
utilities
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$136,574,56847
Federal (grants and allocated tax credits)$492,470,6243
TOTAL$629,045,19250
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2003. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

AEP; AMERICAN ELECTRIC POWER; APPALACHIAN POWER; INDIANA MICHIGAN POWER; OHIO POWER; SOUTHWESTERN ELECTRIC POWER; WHEELING POWER

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Louisiana$117,105,04633
Oklahoma$17,079,5132
Ohio$1,386,38110
Kentucky$1,000,0001
West Virginia$3,6281

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
AMERICAN ELECTRIC POWER SERVICE CORPORATION United States federal 2010 $305,000,000 federal grant
AMERICAN ELECTRIC POWER SERVICE CORPORATION United States federal 2010 $100,000,000 federal grant
SWEPCO Louisiana multiple 2010 $96,542,770 MEGADEAL
Southwestern Electric Power Company dba SWEPCO Louisiana state 2010 $92,588,770 property tax abatement
AMERICAN ELECTRIC POWER SERVICE CORPORATION United States federal 2010 $87,470,624 federal grant
AEP UTILITIES,INC Oklahoma state 2008 $8,987,918 tax credit/rebate
AEP UTILITIES,INC Oklahoma state 2007 $8,091,595 tax credit/rebate
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2015 $7,371,737 property tax abatement
Southwestern Electric Power Company dba SWEPCO Louisiana state 2010 $3,954,000 Enterprise zone
Southwestern Electric Power Company dba SWEPCO Louisiana state 2012 $1,063,000 property tax abatement
AEP River Operations LLC Kentucky state 2009 $1,000,000 tax credit/rebate
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana local 2014 $816,058 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2010 $788,878 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2010 $661,731 property tax abatement
Southwestern Electric Power Company dba SWEPCO Louisiana state 2015 $651,752 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana local 2014 $642,180 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2015 $624,560 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2010 $617,675 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2012 $616,012 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2010 $579,368 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2015 $570,754 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2016 $555,299 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2016 $539,162 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2015 $510,311 property tax abatement
Southwestern Electric Power Company dba SWEPCO Louisiana state 2016 $483,820 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2016 $441,426 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2009 $421,000 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2013 $384,803 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2010 $380,854 property tax abatement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana state 2013 $356,717 property tax abatement
Southwestern Electric Power Company dba SWEPCO Louisiana local 2014 $318,164 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2012 $314,322 property tax abatement
Southwestern Electric Power Company dba SWEPCO Louisiana state 2013 $278,621 property tax abatement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana local 2014 $274,283 property tax abatement
AMERICAN ELECTRIC POWER Ohio state 2015 $250,000 grant
AMERICAN ELECTRIC POWER Ohio state 2014 $249,348 grant
OHIO POWER COMPANY Ohio state 2015 $246,142 grant
OHIO POWER COMPANY Ohio state 2014 $207,811 grant
AEP GENERATION RESOURCES INC Ohio state 2015 $173,380 grant
AMERICAN ELECTRIC POWER Ohio state 2016 $100,000 grant
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2011 $97,363 property tax abatement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana state 2016 $52,342 property tax abatement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana state 2012 $44,919 property tax abatement
OHIO POWER COMPANY Ohio state 2013 $44,508 grant
OHIO POWER COMPANY Ohio state 2013 $44,508 training reimbursement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana state 2011 $40,294 property tax abatement
Southwestern Electric Power Company (Dolet Hills Power Plant) Louisiana state 2008 $39,557 property tax abatement
AMERICAN ELECTRIC POWER Ohio state 2013 $35,342 grant
AMERICAN ELECTRIC POWER Ohio state 2013 $35,342 training reimbursement
Southwestern Electric Power Company (Lieberman Power Plant) Louisiana state 2015 $25,314 property tax abatement
Appalachian Power Company West Virginia state 2010 $3,628 training reimbursement
INDIANA MICHIGAN POWER CO Michigan local 2003 undisclosed property tax abatement
Appalachian Power Company DBA American Electric Power West Virginia state 2007 undisclosed tax credit/rebate
Ohio Power Company DBA American Electric Power West Virginia state 2007 undisclosed tax credit/rebate
American Electric Power Co., Inc. West Virginia state 2007 undisclosed tax credit/rebate
American Electric Power Co., Inc. West Virginia state 2007 undisclosed tax credit/rebate
Appalachian Power West Virginia state 2010 undisclosed tax credit/rebate
Ohio Power Company West Virginia state 2010 undisclosed tax credit/rebate
American Electric Power Co INC West Virginia state 2010 undisclosed tax credit/rebate
American Electric Power Co INC West Virginia state 2010 undisclosed tax credit/rebate
Appalachian Power Company West Virginia state 2010 undisclosed tax credit/rebate
Wheeling Power Company West Virginia state 2010 undisclosed tax credit/rebate
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