COVID Stimulus Watch Parent Company Summary
Parent Company Name:
American Electric Power
Grant Total: $0
Face Value of Loans Total: $23,048,098
Parent Company Data
Ownership Structure: publicly traded (ticker symbol AEP)
Headquartered in: Ohio
Sector: utilities and power generation
Industry: utilities
Employees (prior to pandemic): 17,408
Parent Accountability Issues Since 2010
Employment-related Penalties: $492,323
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $12,798,257
Consumer Protection / Financial / Competition-related Penalties: $2,445,360
Ratio of CEO Pay to that of Median Worker: 109 to 1
CEO Compensation: $14,492,436
Worker Median Pay: $132,611
Total Federal, State, and Local Subsidies: $679,461,732
Federal Corporate Income Tax Rate: -1.6%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$3,139,745
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,623,819
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,206,922
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,102,057
Contract Amount:
Award Date:Nov 19, 2020
State:
Grant Amount:
Face Loan Amount:$2,099,230
Contract Amount:
Award Date:Sep 8, 2020
State:
Grant Amount:
Face Loan Amount:$2,093,440
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,015,031
Contract Amount:
Award Date:Dec 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,530,292
Contract Amount:
Award Date:Sep 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,075,386
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,055,597
Contract Amount:
Award Date:Oct 5, 2020
State:
Grant Amount:
Face Loan Amount:$1,049,877
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,036,508
Contract Amount:
Award Date:Sep 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,020,194
Contract Amount:
Award Date:Sep 8, 2020
Employment Issues
Contracting Issues