{"schema_version":"secwatch.filing_event.v1","accession":"0000004904-24-000003","form_type":"8-K","ticker":"AEP","cik":"0000004904","company_name":"AMERICAN ELECTRIC POWER CO INC","filed_at":"2024-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.629723+00:00","generated_at":"2026-06-07T00:43:09.305210+00:00","sec_items":["2.06","7.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WVPSC disallows $232M in ENEC costs; AEP to take $222M Q4 impairment, reaffirms guidance","bullets":["West Virginia PSC final order disallows ~$232M of ENEC regulatory asset balance for Appalachian Power and Wheeling Power.","Remaining $321M under-recovered balance to be recovered over 10 years starting September 1, 2024.","AEP expects a pretax non-cash disallowance of ~$222M ($127M APCo, $95M WPCo) in Q4 2023.","Charge excluded from 2023 Operating Earnings (Non-GAAP); AEP reaffirms 2024 Op Earnings guidance, 6-7% growth rate, 14-15% FFO/Debt target."],"urls":{"canonical":"https://secwatch.observer/filing/0000004904-24-000003","json":"https://secwatch.observer/filing/0000004904-24-000003.json","markdown":"https://secwatch.observer/filing/0000004904-24-000003.md","text":"https://secwatch.observer/filing/0000004904-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000003/0000004904-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000003/aep-20240109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:43:09.305210+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e02737646fd3ca7149a7cd1dfc15dd85ae3d29c","claim":"AMERICAN ELECTRIC POWER CO INC announced a impairment with charges of approximately $222 million affecting APCo and WPCo (Appalachian Power Company and Wheeling Power Company).","evidence_excerpt":"As a result of the WVPSC's final order, AEP anticipates recording a pretax, non-cash disallowance of approximately $222 million (approximately $127 million attributable to APCo and approximately $95 million attributable to WPCo) in the fourth quarter of 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000003/0000004904-24-000003-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $222 million"},{"label":"Affected area","value":"APCo and WPCo (Appalachian Power Company and Wheeling Power Company)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}