Blog category: AEPED Services

AEPED Celebrates Another Successful SelectUSA Investment Summit

July 2, 2018 / Emily Tucker

The AEP Economic & Business Development Team participated in the 5th annual SelectUSA Investment Summit June 20-22nd, 2018 in Washington, D.C. Hosted by the U.S. Department of Commerce, SelectUSA was created to invite and encourage potential foreign investment to the United States.  This year, over 1,200 international firm attendees from 66 countries and more than…

Utility Incentives Drive Economic Development

October 13, 2017 / Ashley Savieo, CEcD

Working with a utility partner on your site selection process provides numerous benefits — a knowledgeable economic development team, local insights and partnerships, and, of course, energy expertise. Many large electric utilities also offer incentives to their clients. Incentives offered by electric utilities, which are sometimes referred to as riders, typically offer 2 to 5…

Driving the “The Science of Where” in Economic Development – Key Takeways from the ESRI User Conference

July 21, 2017 / Robb Watson

Geographic Information Systems (GIS) plays an invaluable role for the AEPED team, enabling us to integrate, analyze and visualize data to support economic development throughout our service territory. Using the Esri ArcGIS Platform, we can perform a wide range of spatial tasks, from online business research to complex desktop spatial analysis. During the week of…

SelectUSA India Road Show

May 5, 2017 / admin@adept

AEPED joined the SelectUSA 2017 India Roadshow in March on its visit to New Delhi, Ahmedabad and Bangalore. Nearly 300 participants from Indian firms attended, approximately 100 in each city. During the events, Indian investors connected with U.S. economic development organizations (EDOs), U.S. government officials and investment, legal and financial experts. Seminars were held in…

Area Development’s Critical Site Selection Factors

February 1, 2017 / admin@adept

Over the past few months, Area Development Magazine has published its latest look at the top factors in site selection. While the specific criteria can vary project to project, here’s a summary of the ten most important location drivers as voted on by the magazine’s readers. Energy Availability and Costs Energy availability and costs is…

Calculating Return on Investment Made Easy

October 20, 2016 / admin@adept

Indiana Michigan Power (I&M) has launched a unique ROI Selection Tool available through its website to aid in the corporate site selection process.  This one-of-a-kind benchmarking tool compares the cost of doing business in I&M-served cities in Indiana and Michigan versus any city or metro in the United States. The ROI calculator provides a high level…

Why Economic Development?

July 19, 2016 / admin@adept

Why is a power company involved in the business of economic development? We are committed to doing our part to ensure our communities remain vibrant and strong. Building strong, healthy communities requires an investment that goes beyond monetary resources. AEP’s Economic and Business Development team puts its expertise and connections to work, helping local communities…

Specialized Electrical Contracting Services? We’ve Got That

July 6, 2016 / admin@adept

American Electric Power has been a leader in the electric industry for more than 100 years. From our pioneering efforts in transmission and generation technology to our 220,000 miles (354,000 km) of distribution lines, AEP sets the standard. But did you know AEP can offer customers the same high-quality, safety-focused expertise through our Specialized Electrical Contracting…

AEP and Economic Development Partners Head to Select USA

June 14, 2016 / admin@adept

Attracting Foreign Direct Investment (FDI) to the U.S. is a globally competitive endeavor. Other countries are being aggressive about attracting business – especially India, with its government-funded Make in India campaign. According to the annual FDI report for 2015, India has overtaken China for the top spot. So how can the U.S. and our individual…

AEPED offers a Range of Research Services to Empower Local Communities

June 6, 2016 / Robb Watson

Over the last year, the American Electric Power Economic and Business Development Team (AEPED) has worked to establish an informative and fresh new web presence via AEPED.com. As we’ve progressed through the web design process identifying and creating content and implementing new ideas, our focus has been on providing self-service tools to our economic development…