Texas Economic Development
An economic powerhouse, the Lone Star state's economy ranks eighth in the world, larger than many countries. Texas's economy is as diverse as it is big, and in CNBC's 2024 Top States for Business, Texas ranked No. 1 for workforce and innovation. We provide energy solutions and site location services to several of Texas's thriving regions through two operating companies, AEP Texas and Southwestern Electric Power Company (SWEPCO).
AEP Texas delivers energy in South and West Texas, where unprecedented industrial and energy sector growth is fueled by direct access to oil and gas reserves and best-in-class transportation assets, such as ports to connect you to Mexico and beyond.
SWEPCO serves the North Texas and East Texas regions, a hub for manufacturing, distribution and food processing operations looking for low-cost access to the Dallas-Fort Worth market, and robust interstate infrastructure.
Connect With Us
We deploy three economic development experts to support your growth in Texas. They have helped companies including Cheniere, Voestalpine, Caterpillar, Steel Dynamics, Dollar General and Ta Chen International locate and expand in Texas, and are standing by to help you.
We deliver energy to over one million customers in the Lone Star State. SWEPCO generates and delivers power to 185,000 customers in the state.
AEP Texas's service area is shown in green, while other territories served by AEP are in blue.
Key Industries in Texas
Energy & Chemicals
Data Centers
Food & Beverage
Logistics
Paper & Timber
Metals
Power in Texas
With no corporate or personal income tax, Texas offers one of the best tax climates in the nation. Site Selection Magazine ranked Texas No. 1 for the most projects in 2023 for the 12th year in a row and CNBC ranks Texas the top state for and technology and innovation.
To learn more about this thriving region, visit Texas Economic Development Corporation (TxEDC).
We're Equipped to Power Your Success
AEP has two operating companies serving Texas. We have a constant focus on keeping our power system reliable for our customers.
AEP Texas
- AEP Texas operates in the deregulated Electric Reliability Council of Texas (ERCOT) marketplace.
- AEP Texas is an energy delivery company, providing regulated energy to consumers, regardless of which Retail Electric Provider (REP) they choose. AEP Texas serves approximately one million retail customers in West and South Texas.
- Advanced metering infrastructure system (AMI) and digital smart meters provide customers with greater reliability, enhanced customer service, and innovative tools for managing their energy use.
- Energy efficiency programs provide incentives for facilities to reduce peak electric demand and annual energy consumption, resulting in improved building performance and comfort.
SWEPCO
- SWEPCO operates in the regulated Southwestern Power Pool (SPP) Regional Transmission Organization (RTO).
- Our economic development rider is designed to help new and expanding businesses reduce costs and create more jobs. Eligible companies receive discounts on new electric demand for three years.
- Energy efficiency programs provide incentives for facilities to reduce peak electric demand and annual energy consumption, resulting in improved building performance and comfort.