Our stakeholders often ask us if we factor the cost of carbon into our resource planning. The answer is “yes” and we have been doing so for years.
The potential for carbon regulation has been part of our integrated resource planning process and is continuously evolving as more definitive requirements emerge from Congress and federal regulators. AEP’s planning process considers all available resource and market options to achieve the most economical outcome for us and our customers.
Several AEP operating company subsidiaries are required to develop periodic integrated resource plans (IRP) that are filed with state public utility commissions. Not all states require them. IRPs help the companies and state regulators to plan for meeting customers’ energy needs over a certain period of time. Learn more about resource planning at AEP.