American Electric Power (AEP) Q3 FY25 earnings call

American Electric Power reported strong Q3 FY25 operating earnings, driven by favorable rate changes and robust commercial and industrial load growth. The company announced a significant increase in its long-term operating earnings growth rate to 7-9% through 2030, underpinned by an expanded $72 billion capital plan and 28 GW of contracted load. AEP is focused on regulatory alignment and affordability, forecasting residential rate increases below historical inflation.