AEP raises 2026 operating earnings guidance and expands load and generation capacity plans.

American Electric Power (AEP) raised its full-year 2026 operating earnings guidance to $6.25-$6.55 per share, reflecting strong performance and growth prospects. The company expanded its contracted load growth to 69 GW through 2030 and secured 13 GW of gas-fired turbine capacity, with an additional 10 GW under evaluation to meet rising demand. AEP also highlighted cost savings for customers through federal loans and grants, and reaffirmed a 7-9% annual operating earnings growth rate through 2030, supported by a $78 billion capital investment plan. These moves position AEP to support accelerating electricity demand while maintaining affordability and reliability.