Group 1 - American Electric Power Company, Inc. (AEP) is recognized as one of the 10 Best Performing Electrical Infrastructure Stocks in 2025 [1] - AEP has the largest network of 765 kV transmission lines in the United States, covering more miles than all other utilities combined [2] - The U.S. grid is primarily dominated by alternating current, with transmission voltages ranging from 100 kV to 765 kV, and only about 10,000 miles of the grid operates at 765 kV, which is less than 1% of total transmission mileage [2] Group 2 - AEP's assets are located in the service territories of all four regional grid operators in the U.S. that are pursuing 765 kV expansion [3] - More than 400 miles of new 765 kV lines have been approved by PJM Interconnection, and other regional operators are also moving towards 765 kV developments [3] - AEP provides electricity generation, transmission, and distribution services to over 5 million customers across 11 states [5] Group 3 - JPMorgan raised the price target for AEP from $121 to $125 while maintaining a Neutral rating, reflecting updated valuation models [4]
Niskanen Center Examines American Electric Power Company, Inc. (AEP)’s Place In The US Transmission Grid