American Electric Power : 2023 Coal Generation Rate Base

Note: Rate base is a driver for earnings and accurately aligns with what bonds are funding. The data below therefore calculates AEP's percentage of owned coal generation rate base.

Appalachian Power Company

							12/31/23 Balances
		FERC Form 1	Account	T	D	G	Securitization		Total
Net Utility Plant	P110, Line 14,15	multiple	4,176,140,734	4,131,630,788	3,886,625,264			12,194,396,786
Regulatory Assets	P111, Line 72	182.3		202,795,611	395,440,359	932,228,202	3,111,966		1,533,576,138
ADIT Assets	P111, Line 82	190		125,733,309	150,603,311	191,870,564			468,207,184				Owned		Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(223,072,279)	(252,274,709)	(175,182,113)			(650,529,101)				Generation		Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(704,391,193)	(784,230,680)	(995,996,096)			(2,484,617,969)				Capacity %	($)	(%)
Net				3,577,206,182	3,641,169,069	3,839,545,821	3,111,966	-	11,061,033,038		Coal	63.6%	2,440,801,050	22.1%
												Other Fuel	36.4%
														100.0%
							Indiana Michigan Power Company
							12/31/23 Balances
		FERC Form 1	Account	T	D	G	Nuclear/RTD		Total
Net Utility Plant	P110, Line 14,15	multiple	1,500,699,393	2,878,240,871	576,171,903	2,622,066,940		7,577,179,107
Regulatory Assets	P111, Line 72	182.3		122,456,017	226,039,125	81,530,379	234,689,359		664,714,880
ADIT Assets	P111, Line 82	190		52,103,613	61,997,082	19,242,544	880,671,030		1,014,014,269				Owned		Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(95,975,619)	(119,812,928)	(112,863,791)	(1,966,729,245)		(2,295,381,583)				Generation		Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(316,624,012)	(499,338,152)	(101,611,295)	(1,266,332,315)		(2,183,905,774)				Capacity %	($)	(%)
Net				1,262,659,392	2,547,125,998	462,469,740	504,365,769	-	4,776,620,899		Coal	35.8%	443,858,190.09	9.3%
												Nuclear	62.7%
												Solar/Hydro	1.5%
														100.0%
							Kentucky Power Company
							12/31/23 Balances
		FERC Form 1	Account	T	D	G			Total
Net Utility Plant	P110, Line 14,15	multiple	632,977,547	925,761,598	677,855,199			2,236,594,344
Regulatory Assets	P111, Line 72	182.3		44,405,921	160,951,932	477,033,105			682,390,958
ADIT Assets	P111, Line 82	190		16,854,483	18,219,555	39,892,993			74,967,031				Owned		Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(36,554,908)	(34,497,969)	(57,480,968)			(128,533,845)				Generation		Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(107,615,580)	(181,454,445)	(259,740,375)			(548,810,400)				Capacity %	($)	(%)
Net				550,067,463	888,980,671	877,559,954		-	2,316,608,088		Coal	72.6%	636,741,176	27.5%
												Other Fuel	27.4%
														100.0%
							Kingsport Power Company
							12/31/23 Balances
		FERC Form 1	Account	T	D				Total
Net Utility Plant	P110, Line 14,15	multiple	52,399,946	192,078,357				244,478,303
Regulatory Assets	P111, Line 72	182.3		3,910,311	26,133,638				30,043,949
ADIT Assets	P111, Line 82	190		3,906,726	2,997,529				6,904,255				Owned		Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(3,144,088)	(7,228,762)				(10,372,850)				Generation		Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(9,442,417)	(31,001,648)				(40,444,065)				Capacity %	($)	(%)
Net				47,630,478	182,979,114	-		-	230,609,592		Coal	0.0%	-	0.0%
												Other Fuel	0.0%
														0.0%

AEP Ohio

						12/31/23 Balances
	FERC Form 1	Account	T	D						Total
Net Utility Plant	P110, Line 14,15	multiple	2,973,991,148	5,928,529,824						8,902,520,972
Regulatory Assets	P111, Line 72	182.3		114,046,713	406,974,628						521,021,341
ADIT Assets	P111, Line 82	190		74,263,266	197,213,388						271,476,654				Owned	Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(152,876,277)	(442,730,877)						(595,607,154)				Generation	Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(444,707,934)	(979,498,986)						(1,424,206,920)				Capacity %	($)	(%)
Net				2,564,716,916	5,110,487,977	-				-	7,675,204,893		Coal	0.0%	-	0.0%
													Other Fuel	0.0%
															0.0%
						Public Service Company of Oklahoma
						12/31/23 Balances
	FERC Form 1	Account	T	D	G	Wind		Total
Net Utility Plant	P110, Line 14,15	multiple	1,101,873,252	3,109,064,833	939,051,425		927,928,366			6,077,917,876
Regulatory Assets	P111, Line 72	182.3		9,538,188	214,420,297	260,556,051		5,774,858			490,289,394
ADIT Assets	P111, Line 82	190		26,625,114	81,491,060	97,958,000		76,292,299			282,366,473				Owned	Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(93,005,516)	(239,085,141)	(85,924,666)		(1,206,653)			(419,221,976)				Generation	Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(175,746,578)	(582,811,256)	(223,490,696)		(131,576,058)			(1,113,624,588)				Capacity %	($)	(%)
Net				869,284,460	2,583,079,793	988,150,114		877,212,812			5,317,727,179		Coal	10.5%	126,569,024	2.4%
													Wind	18.4%
													Other Fuel	71.2%
															100.0%
						Southwestern Electric Power Company
						12/31/23 Balances
	FERC Form 1	Account	T	D	G	Wind		Total
Net Utility Plant	P110, Line 14,15	multiple	2,390,357,424	2,383,149,891	2,606,746,007		1,109,262,180			8,489,515,502
Regulatory Assets	P111, Line 72	182.3		68,981,252	371,607,498	843,576,639		45,390,054			1,329,555,443
ADIT Assets	P111, Line 82	190		43,302,978	62,799,577	218,488,633		88,294,696			412,885,884				Owned	Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(118,199,326)	(159,153,301)	(340,091,277)		-			(617,443,904)				Generation	Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(297,411,286)	(455,753,321)	(674,685,357)		(166,752,312)			(1,594,602,276)				Capacity %	($)	(%)
Net				2,087,031,042	2,202,650,344	2,654,034,645		1,076,194,618			8,019,910,649		Coal	35.7%	1,130,492,376	14.1%
													Wind	16.2%
													Other Fuel	48.1%
															100.0%
								AEP Texas
						12/31/23 Balances
	FERC Form 1	Account	T	D	G				Total
Net Utility Plant	P110, Line 14,15	multiple	6,856,111,135	5,215,286,317	15,503					12,071,412,955
Regulatory Assets	P111, Line 72	182.3		80,477,768	313,925,544	1,646					394,404,958
ADIT Assets	P111, Line 82	190		83,344,220	88,001,249	2,106,298					173,451,767				Owned	Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(292,649,702)	(223,724,491)	-					(516,374,193)				Generation	Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(659,086,807)	(737,917,944)	(4,436,690)					(1,401,441,441)				Capacity %	($)	(%)
Net				6,068,196,614	4,655,570,675	(2,313,243)					10,721,454,046		Coal	0.0%	-	0.0%
													Other Fuel	0.0%
															0.0%

Wheeling Power Company

						12/31/23 Balances
	FERC Form 1	Account	T	D	G	Total
Net Utility Plant	P110, Line 14,15	multiple	136,669,433	222,011,339	735,035,295		1,093,716,067
Regulatory Assets	P111, Line 72	182.3		8,297,450	20,308,565	250,582,936		279,188,951
ADIT Assets	P111, Line 82	190		5,687,787	6,092,346	30,242,387		42,022,520				Owned	Calculated	Calculated
Regulatory Liabilities	P113, Line 60	254		(12,508,359)	(31,679,755)	(37,141,922)		(81,330,036)				Generation	Coal Rate Base	Coal Rate Base
ADIT Liabilities	P113, Lines 62,63,64	281,2,3		(28,273,096)	(44,819,063)	(207,836,104)		(280,928,263)				Capacity %	($)	(%)
Net				109,873,215	171,913,432	770,882,592		1,052,669,239		Coal	100.0%		770,882,592	73.2%
										Other Fuel	0.0%
												100.0%
														Total Calculated	Total Calculated
														Coal Rate Base	Coal Rate Base
Total of All Regulated Companies Listed							Total Rate Base						($)	(%)
								51,171,837,623						5,549,344,409	10.8%