AEP Energy Reports Retail Customer Growth
February 25, 2019 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
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AEP Energy was serving approximately 415,000 customer accounts as of December 31, 2018.
That compares to approximately 410,000 customer accounts as of December 31, 2017.
AEP's Retail, Trading and Marketing segment (which includes AEP Energy) reported a $21 million decrease in gross margin for 2018, versus the 2017 total, due to, "lower retail margins due to higher market costs and increased competition combined with decreased marketing volumes in 2018," AEP said
Marketing, Competitive Retail and Renewable Revenue for 2018 was $1.353 billion