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Stock impact report

I&M and Stakeholders File Large Load Settlement to Advance Grid Reliability and Support Economic Growth [Yahoo! Finance]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Company Research Source: Yahoo! Finance
settlement with the Indiana Office of Utility Consumer Counselor (OUCC), Amazon Web Services (AWS), Microsoft, Google, the Data Center Coalition (DCC), and the Citizens Action Coalition (CAC). This settlement is the result of a collaborative negotiation process that supports I&M's ability to provide the best service possible for all customers and allows the company to continue pursuing opportunities that support the economic growth of its communities. It also addresses power demand increases with the recently announced data centers locating in northeast Indiana , as well as potential future large load customers, while ensuring reliable and affordable service for all customers. The settlement will require new large load customers, including data centers, to make long-term financial commitments proportional to their size to ensure the costs to serve these customers are reasonably recovered from the customer, and not passed on to existing customers. These investments will support the o Show less Read more
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