| 2019 Operating Information |
AEP Texas Total |
Meters
|
| Residential |
881,537 |
| Commercial |
146,294 |
| Industrial |
13,089 |
| Other |
8,359 |
| Total |
1,049,279 |
| |
|
Energy Delivered
|
| Megawatt-hours delivered |
32 Million |
| Service area |
97,000 |
| Cities and towns served |
372 |
| Counties served |
92 |
| |
|
Transmission & Distribution
|
| Distribution lines |
43,702 |
| Transmission lines |
8,400 |
| T & D plant in service |
$8.74 Billion |
| AEP Texas employees* |
1,924 |
| |
|
2019 Financial Information
|
| Operating Revenues |
$1.427 Billion |
| Net Income for Common*** |
$178.2 Million |
| State and Local Taxes Paid** |
$93.6 Million |
| Franchise Fees Paid*** |
$50.6 Million |
| |
|
| Capital Investments |
$1.22 Billion |
| |
|
AEP Texas Tax Payments
|
| Local Taxes |
$81.0 Million |
| State Taxes |
$12.6 Million |
| Total Tax Payments |
$93.65 Million |
| |
|
Purchased Goods, Services and Contracts
|
| Purchased Goods and Services |
$1.189 Billion |
| Supplier Diversity Contracts |
$382.2 Million |
| Texas-Based Contracts |
$182.3 Million |
* Includes AEP Services Company and other AEP employees based within the AEP Texas territory and also includes Dallas and Austin employees
** Reflects amounts paid by AEP Texas only
*** Includes interest on Stranded Costs
AEP Texas, a unit of American Electric Power, delivers electricity to over one million consumers, serving homes, businesses and industries in south and west Texas. AEP Texas provides regulated energy delivery service to consumers, regardless of which Retail Electric Provider (REP) they choose. The region headquarters is in Corpus Christi.
AEP Texas delivers electricity on behalf of the REPs. AEP Texas also builds new power lines, restores service following outages and uses advanced meters to record electric use for REPs throughout its service territory. The company also connects or disconnects service upon the orders of the REPs.