AEP May Enter Texas Retail Power Market

摘要

A top executive with American Electric Power Co. suggested Tuesday his company may soon become a retail electricity supplier in Texas, a development that would add an industry behemoth to what is already the most dynamic and fastest-growing deregulated power market in the nation.rnBrian Tierney, executive vice president and chief financial officer of Ohio-based AEP, told an audience of investors and analysts here at the 54th Edison Electric Institute financial conference that AEP initially formed its competitive retail supplier unit as a "defensive" move to try to retain customers in Ohio as that state's retail power markets have slowly opened to alternative suppliers.