Rochester, NY 9/1/2009 4:20:55 PM
American Electric Power Co., Inc., AEP, Down by 1.35% Last Trading
American Electric Power Co., Inc.
AEP Ohio's $150 million project will be deployed in northeast central Ohio starting in 2010 and will include installation of approximately 110,000 advanced electricity meters; new distribution grid technology; distributed energy sources; plug-in hybrid electric vehicles; smart appliances; and consumer systems and products to help customers manage electricity use and costs. Elements all designed to demonstrate the full benefits of installing a comprehensive distribution smart grid for consumers and the utility.
"Many in our sector are just installing smart meters, but our strategy goes beyond that," said Joe Hamrock, president and chief operating officer for AEP Ohio. "Most important, we will give customers the tools and information needed to use electricity more efficiently while improving the efficiency of how we deliver electricity to our customers. These efficiencies will help our customers save money, reduce the power that we need to generate, cut emissions and also delay the need to build generation."
Whisperfromwallstreet.com is a FREE award winning newsletter dedicated to uncovering stocks that are about to move. Please click here to join now.
Last Trade: 31.43
Day's Range: N/A - N/A
52wk Range: 0.00 - 41.60
Change: 0.00 (0.00%)
Volume: 0
Avg Vol (3m): 4,063,210
ABOUT American Electric Power Company, Inc.
American Electric Power Company, Inc. (AEP) is a public utility holding company engaged in the generation, transmission and distribution of electric power to retail customers, and supplying and marketing of electric power at wholesale to other electric utility companies, municipalities and other market participants. The subsidiaries of the Company include Appalachian Power Company (APCo), Columbus Southern Power Company (CSPCo), Indiana Michigan Power Company (I&M) Ohio Power Company (OPCo), Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCo). The public utility subsidiaries of AEP are engaged in providing electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers.
ABOUT WhisperFromWallStreet.com
WhisperFromWallStreet.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
WhisperFromWallStreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://WhisperFromWallStreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
