AEP: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-06-01
Other years: 2026 vs 2025 · 2025 vs 2024
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

3
New Risks
0
Removed
14
Modified
28
Unchanged
🟢 New in Current Filing The failure of AEP or third-party vendor information technology systems, or the failure to enhance existing information technology systems and implement new technology, could adversely affect AEP. (Applies to all Registrants) 🔒
🟢 New in Current Filing The generation, transmission and distribution of electricity are dangerous and involve inherent risks of damage to private property and injury to AEP’s workforce and the general public. (Applies to all Registrants) 🔒
🟢 New in Current Filing AEP may be unable to procure or construct generation capacity when needed or to recover the costs of such generation capacity. (Applies to all Registrants except AEP Texas, AEPTCo and OPCo) 🔒
🟡 Modified Disruptions at power generation facilities owned by third-parties could interrupt the sales of transmission and distribution services. (Applies to AEP and AEP Texas) 🔒
🟡 Modified AEP may not recover costs incurred to begin construction on projects that are canceled. (Applies to all Registrants) 🔒
🟡 Modified AEP’s operating results may fluctuate on a seasonal or quarterly basis and with general economic and weather conditions. (Applies to all Registrants) 🔒
🟡 Modified Changes in technology and regulatory policies may lower the value of electric utility facilities and franchises. (Applies to all Registrants) 🔒
🟡 Modified AEP is subject to physical and financial risks associated with climate change. (Applies to all Registrants) 🔒
🟡 Modified Parties with whom AEP has contracts may fail to perform their obligations, which could harm AEP’s results of operations. (Applies to all Registrants) 🔒
🟡 Modified Ohio House Bill 6 (HB 6), which provides for beneficial cost recovery for OPCo and for plants owned by OVEC, has come under public scrutiny. (Applies to AEP and OPCo) 🔒
🟡 Modified If AEP is unable to access capital markets or insurance markets on reasonable terms, it could reduce future net income and cash flows and negatively impact financial condition. (Applies to all Registrants) 🔒
🟡 Modified Physical attacks or hostile cyber intrusions could severely impair operations, lead to the disclosure of confidential information and damage AEP’s reputation. (Applies to all Registrants) 🔒
🟡 Modified Management is unable to predict the course, results or impact, if any, of current or future litigation or investigations relating to the severe winter weather in Texas in February 2021. (Applies to AEP and AEP Texas) 🔒
🟡 Modified AEPTCo depends on AEP affiliates for a substantial portion of its revenues. (Applies to AEPTCo) 🔒
🟡 Modified Regulated electric revenues and earnings are dependent on federal and state regulation that may limit AEP’s ability to recover costs and other amounts. (Applies to all Registrants) 🔒
🟡 Modified Regulation of greenhouse gas emissions and/or voluntary climate goals could materially increase costs to AEP and its customers or cause some electric generating units to be uneconomical to operate or maintain. (Applies to all Registrants except AEP Texas, AEPTCo and OPCo) 🔒
🟡 Modified Our financial position may be adversely impacted if announced dispositions do not occur as planned or if assets under strategic evaluation lose value. (Applies to AEP) 🔒
17 changes in this historical filing

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