September 29, 2016 4:30 PM ET

Electric Utilities

Company Overview of Ohio Power Company

Company Overview

Ohio Power Company engages in the transmission and distribution of electric power in Ohio. It serves various industries, including primary metals, chemicals and allied products, health services, electronic machinery, petroleum refining, and rubber and plastic products. The company serves approximately 1,468,000 retail customers. Ohio Power Company was founded in 1907 and is based in Columbus, Ohio. Ohio Power Company operates as a subsidiary of American Electric Power Co., Inc.

1 Riverside Plaza

Columbus, OH 43215

United States

Founded in 1907

1,552 Employees

Phone:

614-716-1000

Key Executives for Ohio Power Company

Chairman and Chief Executive Officer
Age: 56
President and Chief Operating Officer
Age: 47
Chief Financial Officer, Executive Vice President and Director
Age: 48
Chief Accounting Officer and Controller
Director of Corporate Communications
Compensation as of Fiscal Year 2016.

Ohio Power Company Key Developments

AEP Ohio Announces Open House for Grid Improvements in Findlay Area

AEP Ohio announced an approximately $30 million investment to improve the electric transmission system in Wood and Hancock counties. The area improvements are essential to ensure that reliable electric service continues to be available to customers. Plans include proactively rebuilding three lines that comprise approximately 30 miles of 34.5-kilovolt (kV) transmission line. Existing wood poles will be replaced with sturdier steel poles and new higher voltage 69-kV line. Improvements proactively replace older infrastructure, which will help decrease outages and time needed to restore service when outages do occur. Increasing the voltage ensures the electric grid can support the growing demand for electricity in the area.

AEP Ohio Unveils New Electrical Surge Coverage

AEP Ohio, a unit of American Electric Power, has announced that it will offer residential customers who rent the option of obtaining protection to repair or replace electrical products damaged due to power surges. This new coverage is one of several service plans offered by the company's home warranty program announced in May 2014, through its partnership with HomeServe USA. The roll out will be conducted in phases, first to rental customers, and then expanded to include homeowners later 2015.

Ohio Power Company Unveils New Pet Zone Cat Toys

Ohio Power Company has launched new products in its line of Pet Zone cat toys, which include the Pet Zone Pounce House Cat Tunnel, Pet Zone Romp-A-Round Floor Toy, Pet Zone KittyKicker, and Pet Zone Catnip Crinkle Disks. The new Pet Zone Pounce House Cat Tunnel provides the perfect place for a feline's favorite pastimes, whether they be snoozing, running, pouncing or chasing. Plus, the Pounce House is portable and collapsible for easy storage. With dimensions of 60" long and 10" wide, the cat tunnel provides ample space for hiding. It also features an adorable peep-hole for quick getaways. The vinyl tunnel has bright colors, is easy to clean, and is durable enough to withstand even the most energetic cats. The Pet Zone Romp-A-Round Floor Toy provides a multi-sensory play experience with many stimulating options. Cats can chase the jingling balls around the track and swat the 360-degree spinning feather toy.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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