Warmer Weather Boosts Aep Earnings: ; the Company Said Its Results Also Benefited From Rate Changes in Some States

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COLUMBUS, Ohio - American Electric Power said its third quarter earnings rose 54 percent, helped by a warmer than normal summer that boosted energy usage.

AEP, one of the nation's largest power generators, said it made $407 million, or $1.02 per share, for the quarter ended Sept. 30 compared with a profit of $265 million, or 67 cents per share, a year ago, when it recorded a charge for the sale of a plant in Louisiana. Revenue rose 6 percent to $3.8 billion, from $3.6 billion last year.

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Warmer Weather Boosts Aep Earnings: ; the Company Said Its Results Also Benefited From Rate Changes in Some States

AEP recorded a $55 million charge in the quarter stemming from this month's $4.6 billion settlement of a feder...

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