[January 27, 2015]

I&M to Offer Customers Home Repair Service Plans Through HomeServe

Indiana Michigan Power (I&M), an operating unit of American Electric Power (NYSE:AEP), is pleased to announce the launch of a new home repair service plan program that will help customers protect critical service lines to their homes and potentially save them hundreds of dollars on repairs.

Indiana Michigan Power has partnered with HomeServe USA, a leading third-party provider of home emergency repair service plan programs, to offer optional protection to I&M residential customers on external electric lines, HVAC systems, water and sewer/septic systems and other home items not typically covered by basic homeowners insurance.

"We are excited to partner with HomeServe to offer protection service plans that will allow our customers to feel at ease and prepared in case of an emergency," said Paul Chodak III, I&M President and Chief Operating Officer.

The service plans available through HomeServe are priced between $5 and $11 per month depending on coverage selected. Customers who choose to enroll will be able to pay for the coverage on their monthly electric bill. The program is completely optional and the coverage can be canceled at any time.

The first service plan offered to I&M customers will be the Exterior Electric Line Coverage. This coverage can help customers avoid the frustration and cost of unexpected repairs as well as delays in power restoration when repairs are needed.

With this optional coverage, customers will receive:

• Up to $3,000 in coverage annually
• Multiple service calls per year, up to customer's annual coverage amount
• 24-hour repair hotline
• Priority repair status
• Repairs performed by local, licensed electricians
• One-year guarantee on all covered repairs

This week, customers will begin receiving information in the mail about the program and how to enroll.

To learn more, visit www.IMelectricalprotectionplan.com or call HomeServe toll-free at 844-877-2867.

Indiana Michigan Power

Indiana Michigan Power (I&M) is headquartered in Fort Wayne, and its 2,500 employees serve more than 582,000 customers. It operates 3,595 MW of coal-fired generation in Indiana, 2,110 MW of nuclear generation in Michigan and 22 MW of hydro generation in both states. The company also provides its customers 400 MW of purchased wind generation.

I&M is a unit of American Electric Power (NYSE: AEP), one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning nearly 39,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP's transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.

HomeServe USA

HomeServe USA Corp (HomeServe) is an independent provider of home emergency repair service plans. For over a decade, the company has protected homeowners against the expense and inconvenience of water, sewer, electrical, HVAC and other home emergencies by providing affordable coverage and quality service. HomeServe, a Better Business Bureau Accredited Business, serves over 1.8 million homeowners in the US and Canada and dedicates itself to being a customer-focused company providing best-in-class emergency repair plans through leading utility partners and directly to consumers. For more information about HomeServe, a Connecticut Top Workplace winner for 2014, please go to www.homeserveusa.com, follow us on www.twitter.com/homeserveusa and like us on Facebook (News - Alert) at www.facebook.com/homeserveusa.

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