HighGravityData

American Electric Power — May 6, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000004904-25-000059
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Transmission business contribution to operating earnings
“55%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
Capital investment plan for the long term
“$54 billion”
Long-term growth rate for the long term
“6% to 8%”
Operating earnings (non-GAAP) for FY2025
“$5.75 to $5.95 per share”
Transmission company transaction
“$2.82 billion”
Equity settlement under forward contract for FY2026
“$2.3 billion”
New power demand expected
“over 20 gigawatts”
Additional potential investments
“an additional $10 billion of investments”
Additional investments
“$10 billion”
Direct tariff exposure on capital plan for FY2025
“approximately 0.3%”
Annual total retail load growth for FY2025
“8% to 9%”
Distribution and transmission investments wi… for the long term
“$34 billion”
Transmission business contribution to operat… for FY2025
“55%”
Estimated earnings per share on a GAAP basis for FY2025
“$5.71 to $5.91 per share”
Operating EPS for FY2025
“$5.75 to $5.95”
Exhibit 99.1 · the passage around this item
… earlier in the release
We operate the nation’s largest extra-high voltage transmission system that serves as America’s energy backbone. Our unique experience building and operating extra-high voltage lines has positioned us as an ideal partner to expand the grid to deliver reliable power. AEP's transmission business is expected to contribute 55% of operating earnings this year. With more than 500 new and existing customers interested in connecting to our transmission system, we recognize the enormous potential these projects have for our communities. New infrastructure will allow us to handle this increased demand, improve reliability and expand growth and prosperity in the communities we serve,” Fehrman added. At the same time, AEP remains committed to ensuring the costs to meet the needs of large-load commercial and industrial customers are balanced with affordability for all customers. In the first quarter, regulators in Indiana, Kentucky and West Virginia approved large-load tariff modifications in each state. In Ohio, a regulatory decision is expected in the second half of the year, following a first-of-its-kind data center tariff and settlement filed by AEP Ohio last year. 2 Delivering on Energy Policy Goals and Bolstering Communities AEP is committed to working collaboratively with regulators and policymakers to achieve the energy goals of the states it serves. Updated integrated resource plans (IRPs) have been filed in Arkansas and Indiana and will be filed over the next year in Kentucky, Michigan, Virginia and We
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.