10/11/2019
AEP OHIO AWARDS WODA COOPER COMPANIES MORE THAN $22,000 FOR COMMITMENT TO ENERGY EFFICIENCY AND AFFORDABLE HOUSING

GAHANNA, Ohio, October 11, 2019 – AEP Ohio, an American Electric Power (NYSE: AEP) company, presented affordable housing developer Woda Cooper Companies with an incentive check for more than $22,000 through its EfficiencyCrafted Homes program.

The incentive recognizes Woda Cooper Companies’ commitment to providing affordable utility solutions for low-income seniors through high-energy efficiency standards. Open since late 2018, Fairwood Commons, a $12.2 million investment in Columbus’ Franklin Park neighborhood, is Ohio’s first multifamily property built to Passive House (PHIUS) certification standards and has achieved LEED Platinum certification, in addition to being ENERGY STAR-certified. It has also earned certifications for the Department of Energy’s Zero Energy Ready Homes and EPA’s Indoor airPLUS programs. Energy efficiency measures at the property are expected to minimize long-term maintenance costs and utility bills for residents.

“The incentive from AEP Ohio will contribute to our ongoing mission to provide high-quality affordable housing, peace-of-mind, and long term savings to senior residents at Fairwood Commons and other properties,” said Joe DiCesare, who is Project Executive-Construction with Woda Cooper Companies and managed construction for Fairwood Commons.

With an average HERS® index score of 38, Woda Cooper Companies has positioned Fairwood Commons as a leader in energy efficient affordable living. HERS® (Home Energy Rating System®) is a measure of energy efficiency between 150 and 0. Existing homes typically score over 100, while new homes have scores that range from 85 to 100. Homes built with EfficiencyCrafted standards typically score below 70. A score of 38 indicates that Fairwood Commons uses approximately 53 percent less energy than if built in compliance with the 2009 International Energy Conservation Code (the applicable code in Ohio at the time of construction).

“AEP Ohio is committed to providing a variety of programs that help customers save money and live comfortably at home,” said Raja Sundararajan, president and chief operating officer of AEP Ohio. “We’re proud to partner with developers like Woda Cooper who are building homes that will have a positive and lasting impact on the community.”

Since 2008, AEP Ohio’s Energy Efficiency programs have saved customers 4,835 total GWhs and more than $2 billion in energy costs, creating green jobs, reducing carbon dioxide emissions by 3.8 million tons and sulfur dioxide emissions by 16,800 tons.

AEP Ohio offers a variety of additional Energy Efficiency programs to help residential and business customers save energy and money. For more information, visit AEPOhio.com/Save (residential) or AEPOhio.com/Solutions (business).

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About AEP Ohio

AEP Ohio is based in Gahanna, Ohio, and is a unit of American Electric Power. AEP Ohio provides electricity to nearly 1.5 million customers. News and information about AEP Ohio can be found at AEPOhio.com.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s more than 18,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including nearly 5,300 megawatts of renewable generation. AEP’s family of companies includes utilities 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 also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

 

About Woda Cooper Companies, Inc.

Woda Cooper Companies, Inc. and its affiliates are experienced developers, general contractors, and property managers specializing in the design, construction, and management of affordable multi-family apartments, senior communities, and single-family homes. Considered leading experts in the affordable housing industry, the Woda Cooper team is known for producing and maintaining high quality affordable housing. Affordable Housing Finance ranked the firm 13th overall among Developers and 26th overall among Owners in its April/May 2019 issue. Woda Cooper Companies, Inc. has developed and currently manages more than 300 communities and 12,000 units, operating in 15 states. In addition to its Columbus headquarters, the firm has offices in Savannah, Georgia; Indianapolis, Indiana; Shelbyville, Kentucky; Annapolis, Maryland; Mackinaw City, Michigan; Charlotte, North Carolina; and Norfolk, Virginia. For more information, call (614) 396-3200 or visit www.wodagroup.com

MEDIA CONTACT:
AEP Ohio Media Relations
1-866-641-1151 or 614-883-7999
aepohiomediarelations@aep.com

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