Keeping us cool heats up AEP's profits

Mike likes it hot. "Like most other reporting utilities this quarter, our best friend has been the weather," said Mike Morris, chairman, president and chief executive officer of American Electric Power. Morris spoke July 30 while discussing the utility's second quarter financial results. The three-month period ended June 30. AEP's subsidiaries include Appalachian Power Co., which serves Galax, Carroll and Grayson. Read more: Keeping us cool heats up AEPs profits