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American Electric Power And Utilidata Announce Agreement To Develop Next Generation Of Grid Applications

“Having our team provide a utility perspective to the developers and engineers at Utilidata’s innovative smart grid development center in Providence is the kind of approach that the industry needs to ensure that the next generation of smart grid products meet the requirements and standards that large utilities like AEP will need to address grid challenges over the next decade,” said Tom Jobes, Director of Distribution Reliability Planning & Engineering at AEP. “Having input and visibility into the functionality of advanced utility automation applications will allow AEP to prepare our grid for the way our customers will consume electric energy in the future.”

About American Electric Power

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east and north Texas). AEP’s headquarters are in Columbus, Ohio. News releases and other information about AEP can be found at www.aep.com.

About Utilidata

Headquartered in Providence, RI, UtiliData®, Inc. is modernizing the delivery of electric energy. Utilidata delivers value to utilities and large energy users by improving operational decisions through the use of new data extraction and digital processing techniques. Utilidata believes that Volt/VAR optimization is a powerful and underutilized tool for utilities to optimize energy efficiencies, creating reliable energy savings before a kilowatt ever reaches a home or business.

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