American Electric Power : 2025 Revenues from Coal (2025 Revenue from Coal)
AEP
Published on 05/14/2026 at 10:14 am EDT
Note: AEP's calculated coal revenue percentage below excludes related depreciation and amortization expenses as these represent recovery of legacy coal costs and not new coal. Additionally, AEP should not be penalized for any acceleration of coal plant depreciation. If coal related depreciation and amortization is included, calculated coal revenue would be 13.5% vs. the 10.6% noted.
FERC Form 1
APCo
I&M
KPCo
KgPCo
AEP Ohio
PSO
SWEPCo
AEP Texas
WPCo
Regulated Total
Total 2025 Revenue
P114, Line 2
$ 4,252,039,412
$ 2,715,631,126
$ 764,751,475
$ 215,629,790
$
3,934,807,777
$ 2,033,912,370
$ 2,275,025,242
$
2,172,653,854
$ 465,413,741
$ 18,829,864,787
Depreciation and Amortization
P336, Line 2 (f)
223,394,045
94,054,798
38,114,534
-
-
40,602,401
127,054,441
-
25,914,671
549,134,890
Operations and Maintenance
P402-403, Line 34
742,869,058
194,225,274
121,075,003
-
-
60,322,714
259,059,421
-
121,928,246
1,499,479,716
Interest
P117, Line 70
282,002,632
139,991,092
59,852,510
4,324,296
156,966,312
140,586,187
138,316,572
264,344,378
41,224,731
1,227,608,710
Taxes
P114, Lines 14-19
292,946,250
124,454,924
33,714,518
15,268,307
661,656,309
27,655,191
84,770,276
273,403,186
28,864,429
1,542,733,390
Earnings
P117, Line 71
456,619,977
414,459,624
40,796,226
8,979,886
327,971,985
251,714,115
387,532,072
487,840,053
39,835,089
2,415,749,027
1,031,568,859
678,905,640
134,363,254
28,572,489
1,146,594,606
419,955,493
610,618,920
1,025,587,617
109,924,249
5,186,091,127
Coal Rate Base Percentage as of 12/31/25
21.0%
8.8%
16.3%
0.0%
0.0%
3.8%
17.6%
0.0%
73.6%
Calculated Coal Interest, Taxes and Earnings
216,629,460
59,743,696
21,901,210
-
-
15,958,309
107,468,930
-
80,904,247
502,605,853
Total Coal Expenses
$ 1,182,892,563
$ 348,023,768
$ 181,090,747
$ -
$
-
$ 116,883,424
$ 493,582,792
$
-
$ 228,747,164
$ 2,551,220,459
Coal Expenses Excluding Depreciation and Amortization
$ 959,498,518
$ 253,968,970
$ 142,976,213
$ -
$
-
$ 76,281,023
$ 366,528,351
$
-
$ 202,832,493
$ 2,002,085,569
2025 Calculated Coal Revenue Percentage Excluding Depreciation
and Amortization
22.6%
9.4%
18.7%
0.0%
0.0%
3.8%
16.1%
0.0%
43.6%
10.6%
Disclaimer
AEP - American Electric Power Company Inc. published this content on May 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2026 at 14:13 UTC.