---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-24-000049"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:34:09.203912+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SWEPCo to record $160M revenue refund provision after PUCT denies Turk Plant appeal

## Summary
- PUCT on May 2, 2024 denied SWEPCo's appeal, leading to a $160M one-time revenue refund provision in Q2 2024.
- Provision includes interest on revenue collected from Feb 2013 through Dec 2023; range $104M-$197M.
- SWEPCo recorded a $86M pretax non-cash disallowance in Q4 2023 on AFUDC exceeding $1.522B Texas Capital Cost Cap.
- Hearing scheduled May 2024; PUCT decision expected Q3 2024.
- PUCT previously ruled it will not reconsider the capital cost cap in the remand proceeding.

## SEC filing metadata
- accession: 0000004904-24-000049
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490424000049/0000004904-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490424000049/aep-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-24-000049
- JSON: https://secwatch.observer/filing/0000004904-24-000049.json
- Plain text: https://secwatch.observer/filing/0000004904-24-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.