Tax Reform

With Congress likely to take up federal tax reform, we have received several questions from investors and analysts about the potential implications it would have for AEP. The main complication for utilities is that taxes are a component of regulated utility ratemaking, so tax reform could impact rate base, the ratemaking process and, in turn, cash flows and earnings.

For more information, please see our 2016 FORM 10K, pp 46-47, Annual Report.

We are actively engaged with industry peers and legislators to shape legislation that is both positive for the country and takes into account the characteristics of our regulated industry.