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We work strategically with businesses, communities, government and economic development partners to facilitate business location and expansion in our 20-county service territory. In recent years, we have strategically invested nearly $6 million in the region. Together, we are building a stronger eastern Kentucky.
We currently support local economic development efforts through the merit-based Kentucky Power Economic Growth Grant Program (K-PEGG).
Economic Development Fact Sheet
With extensive economic development experience and strong relationships with state and local development officials, we can help your business manage every step of the site location decision process. Our local economic development experts work confidentially with prospective and existing businesses and industries to identify smart and effective business opportunities in Kentucky.
The advantages of doing business in eastern Kentucky include:
Kentucky Power Economic Development Rider Video
A list of featured properties in our service territory is available on the AEP Economic & Business Development website.
Our economic and business development team offers custom location advisory services for businesses interested in locating or expanding in eastern Kentucky. Our services, offered confidentially and without cost or obligation, include:
The advantages we can provide include an Economic Development Rider incentive, access to renewable energy, competitive electric prices, energy efficiency incentives, strong reliability, and quality customer service.
3249 N. Mayo Trail
Pikeville, KY 41501
1645 Winchester Ave.
Ashland, KY 41101
Powering local economic growth with grants
With a tradition of innovation, we’re powering a greener future for us all.
Come fly with us: supporting Kentucky's aerospace & aviation industry
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