Tuesday, March 31, 2009
AEP and Fiserv Team Up To Save Customers Money and Plant Trees
COLUMBUS, Ohio, March 30, 2009 /PRNewswire-FirstCall via COMTEX/ ----Customers of American Electric Power (NYSE: AEP: 24.64, -0.45, -1.79%) utility companies who enroll in AEP's paperless billing program over the next two months will save time and money while helping the environment.
AEP and its paperless billing partner, Fiserv, Inc. (Nasdaq: FISV), will contribute $1 to the Arbor Day Foundation for every customer who enrolls during April and May. The funds will be used for reforestation projects in AEP's service territory.
At the end of 2008, approximately 7 percent of AEP's residential customers - 261,350 customers - were enrolled in AEP's paperless billing program, which allows them to receive and pay their electric service bills online. More than 2.9 million paperless bills were sent to AEP customers during 2008.
Customers may enroll for the program at www.AEPPaperless.com. CheckFree, whose name appears on the site, recently became part of Fiserv.
"Our customers who choose paperless billing find they save time and money, in addition to making a positive environmental contribution," said Dennis Welch, AEP executive vice president - environment, safety & health and facilities. "Those who enroll in April and May will make an even greater impact with the planting of trees in our service territory.
The Painting is by George Caleb Bingham