AEP forecasts annual operating EPS growth of 9%-11% through 2031
AEP•AEP forecasts 2027 operating EPS of $6.75-$7.05 and annual operating EPS growth of 9%-11% through 2031. Its 2027-2031 capital plan rises to $100 billion, while regulated rate base is expected to reach $162 billion and contracted load 84 GW.
1. Long-term outlook
AEP forecasts 2027 operating EPS of $6.75-$7.05, implying about 9.5% growth at the midpoint, and projects annual operating EPS growth of 9%-11% through 2031.
2. Investment and demand
The 2027-2031 capital plan rises to $100 billion from $78 billion under the prior 2026-2030 plan. AEP expects its regulated rate base to reach $162 billion by 2031, with compound annual growth above 13%, and says contracted load has reached 84 GW, up from 69 GW, supported by signed electricity service agreements.




