AEP Texas North Company · Columbus, OH United States
Company Description
View AEP Texas North Company Locations On A US Map
This link will open in a new window
This link will open in a new window This utility makes sure that the Marfa lights are seen every night, at least in the town's streets. Regulated utility AEP Texas North (formerly West Texas Utilities) provides electricity to 184,000 residential, commercial, and business customers in 49 counties, (encompassing 176 cities and towns) in central, northern, and western Texas (including the town of Marfa). The American Electric Power subsidiary also generates about 1,400 MW of capacity from fossil-fueled plants. Texas North operates 18,120 miles of transmission and distribution lines and is a member of independent transmission organization ERCOT . To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key AEP Texas North Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $329.5 |
| Employees | 386 |
AEP Texas North Company Executives
18 executives listed for AEP Texas North Company's Columbus, OH location.
| Title | Name & Bio | Contact |
| President and COO | Pablo Vegas | Network |
| VP DIstribution Operations | Harry Gordon | Network |
| VP External Affairs | Julio Reyes | Network |
Competition
Competitive Landscape for AEP Texas North Company
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top AEP Texas North Company Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!