COLUMBUS, Ohio, March 8, 2012 – American Electric Power (NYSE: AEP) and its unregulated subsidiary AEP Energy, Inc. today completed the acquisition of BlueStar Energy Holdings Inc. and its independent retail electric supplier BlueStar Energy Solutions.
BlueStar, based in Chicago, provides electric supply for retail customers in Ohio, Illinois and other deregulated electricity markets. The company also provides energy solutions, including demand response and energy efficiency services, nationwide. BlueStar has been in operation since 2002 and has more than 23,000 customer accounts.
BlueStar’s operations will continue to be based in Chicago and will remain focused on providing retail electric service for residential, commercial and industrial customers in deregulated states, as well as demand response and energy efficiency services nationwide. BlueStar currently employs 219.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east and north Texas). AEP’s headquarters are in Columbus, Ohio. News releases and other information about AEP can be found at www.aep.com.
Share this blog post:
Resources
Did you know that June 21st is National Energy Shopping Day? That’s right! The Retail Energy Supply Association (RESA), the nation’s leading trade association representing competitive retail energy suppliers, found in their Survey of Americans that 74% of consumers prefer to select their own energy supplier. Although not every state is deregulated, thirteen states give their residents …
Resources
AEP Energy is committed to supporting renewable energy and making it easy for our customers to go green. We’re proud that an increasing number of customers are enrolling in renewable energy plans. Stats by the numbers In 2015, 2% of customers enrolled in a renewable energy plan as compared to 20% of customers today. In …
 |
Brandi Nye, Managing Director of Business SolutionsBrandi is an expert in her field with professional experience in the sustainability industry. Not only does Brandi have solid base knowledge, but she continues to grow her acumen through various learning and development experiences. Brandi is a creative and thoughtful utility professional with expertise in regulatory and utility operations. |
|---|
