SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549








                                 ---------------


                                    FORM 11-K


                                 ---------------




         (Mark One)

                           [ X ] ANNUAL REPORT PURSUANT TO SECTION 15(d)
                                 OF THE SECURITIES EXCHANGE ACT OF 1934

         For the fiscal year ended December 31, 2000

                                                OR

                           [   ] TRANSITION REPORT PURSUANT TO SECTION 15(d)
                           OF THE SECURITIES EXCHANGE ACT OF 1934

         For the transition period from            to
                                        ----------    ----------
                    Commission File No. 2-70746







                       CENTRAL AND SOUTH WEST CORPORATION
                             RETIREMENT SAVINGS PLAN
                            (Full title of the plan)









                      AMERICAN ELECTRIC POWER COMPANY, INC.
                     1 RIVERSIDE PLAZA, COLUMBUS, OHIO 43215
                     (Name of issuer of the securities held
                      pursuant to the plan and the address
                       of its principal executive office)






           CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN


                                TABLE OF CONTENTS
                                      PAGE

  SIGNATURES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    3

  INDEPENDENT AUDITORS' REPORTS . . . . . . . . . . . . . . . . . . . . .  4-5

  FINANCIAL STATEMENTS:
    Statements of Net Assets Available for Benefits . . . . . . . . . . .    6
    Statements of Changes in Net Assets Available for Benefits. . . . . .    7
    Notes to Financial Statements . . . . . . . . . . . . . . . . . . . . 8-14

  SUPPLEMENTAL SCHEDULES:
    I.     Assets Held for Investment Purposes  . . . . . . . . . . . . .   15
   II.      Reportable Transactions . . . . . . . . . . . . . . . . . . .16-17

  EXHIBITS:
    Exhibit Index . . . . . . . . . . . . . . . . . . . . . . . . . . . .   18
    Independent Auditors' Consents. . . . . . . . . . . . . . . . . . . .19-20
























                                        2





           CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN



         SIGNATURES

                  Pursuant to the requirements of the Securities Exchange Act of
         1934, the Employee Benefit Trusts Committee has duly caused this annual
         report to be signed by the undersigned thereunto duly authorized.










                               By:      /s/ J. Steven Kiser
                                     ----------------------------------------
                                            J. Steven Kiser, Secretary
                                            Employee Benefit Trusts Committee

         Date:   June 29, 2001






















                                        3




         INDEPENDENT AUDITORS' REPORT

         American Electric Power Service Corporation, as Plan Administrator:

         We have audited the accompanying  statement of net assets available for
         benefits of the Central and South West Corporation  Retirement  Savings
         Plan (the "Plan") as of December 31, 2000, and the related statement of
         changes in net assets  available  for benefits for the year then ended.
         These  financial  statements  are  the  responsibility  of  the  Plan's
         management.  Our  responsibility  is to  express  an  opinion  on these
         financial statements based on our audit.

         We conducted our audit in accordance with auditing standards  generally
         accepted in the United States of America.  Those standards require that
         we plan and  perform  the audit to obtain  reasonable  assurance  about
         whether the financial statements are free of material misstatement.  An
         audit  includes  examining,  on a test basis,  evidence  supporting the
         amounts and  disclosures  in the  financial  statements.  An audit also
         includes  assessing  the  accounting  principles  used and  significant
         estimates  made by Plan  management,  as well as evaluating the overall
         financial statement presentation.  We believe that our audit provides a
         reasonable basis for our opinion.

         In our  opinion,  such  financial  statements  present  fairly,  in all
         material respects, the net assets available for benefits of the Plan as
         of  December  31,  2000,  and the changes in net assets  available  for
         benefits  for  the  year  then  ended  in  conformity  with  accounting
         principles generally accepted in the United States of America.

         Our audit was  performed  for the  purpose of forming an opinion on the
         basic financial statements taken as a whole. The supplemental schedules
         listed  in the Table of  Contents  are  presented  for the  purpose  of
         additional  analysis and are not a required part of the basic financial
         statements but are supplementary information required by the Department
         of Labor's Rules and Regulations for Reporting and Disclosure under the
         Employee  Retirement  Income  Security  Act  of  1974  (ERISA).   These
         supplemental schedules are the responsibility of the Plan's management.
         The  supplemental   schedules  have  been  subjected  to  the  auditing
         procedures applied in the audit of the basic financial  statements and,
         in our opinion,  are fairly stated in all material respects in relation
         to the basic financial statements taken as a whole.




         DELOITTE & TOUCHE LLP
         Tulsa, OK
         June 29, 2001

                                        4






         Report of Independent Public Accountants

         To American Electric Power Service Corporation, as Plan Administrator:

         We have audited the accompanying  statement of net assets available for
         benefits of the Central and South West Corporation  Retirement  Savings
         Plan ("the Plan") as of December 31, 1999, and the related statement of
         changes  in net  assets  available  for  benefits  for the  year  ended
         December 31, 1999. These financial statements are the responsibility of
         the Plan's  management.  Our responsibility is to express an opinion on
         these financial statements based on our audit.

         We conducted our audit in accordance with auditing standards  generally
         accepted in the United States. Those standards require that we plan and
         perform  the audit to obtain  reasonable  assurance  about  whether the
         financial  statements  are  free of  material  misstatement.  An  audit
         includes  examining,  on a test basis,  evidence supporting the amounts
         and  disclosures  in the financial  statements.  An audit also includes
         assessing the accounting principles used and significant estimates made
         by  management, as well as  evaluating the  overall financial statement
         presentation. We believe that our audit provides a reasonable basis for
         our opinion.

         In our opinion,  the  financial  statements  referred to above  present
         fairly, in all material respects, the net assets available for benefits
         of the Plan as of  December  31, 1999 and the changes in its net assets
         available  for  benefits  for the year  ended  December  31,  1999,  in
         conformity with accounting  principles generally accepted in the United
         States.





         ARTHUR ANDERSEN LLP
         Dallas, TX
         June 28, 2000















                                        5






           CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
                 STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
                                   DECEMBER 31


                                            2000                    1999
                                            ----                    ----

Assets:
Investments:
  Bank Investment and Other Fixed
   Income Contracts                      $177,623,922           $212,109,619
  American Electric Power Company,
  Inc. - Common Stock                     230,499,010
  Central and South West
  Corporation - Common Stock                        -            175,648,048
  Registered Investment Company           349,265,577            335,623,839
  Participant Loans                        28,548,564             29,448,528
                                  -------------------- ----------------------
    Total Investments                     785,937,073            752,830,034

Receivables:
  Employer contributions                            -                519,328
  Participant contributions                         -              1,002,695
  Accrued income                                    -              1,014,410
                                  -------------------- ----------------------
    Total Receivables                               -              2,536,433

Total Assets                              785,937,073            755,366,467

Liabilities:
  Accounts payable                                  -              1,888,546
  Accrued expenses                                  -                286,410
                                  -------------------- ----------------------
Total Liabilities                                   -              2,174,956

Net Assets Available For Benefits        $785,937,073           $753,191,511
                                  ==================== ======================


See notes to financial statements










                                        6






           CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
           STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
                         FOR THE YEARS ENDED DECEMBER 31


                                                   2000              1999
                                                   ----              ----

Investment Income:
  Net appreciation(depreciation) in fair
      value of investments                    $ 31,778,188     $(20,747,892)
  Net realized loss on sale of investments      (5,203,731)      (1,803,550)
  Net realized gain (loss) on common stock          89,293         (575,807)
  Interest                                      11,989,823       11,889,119
  Interest on loans                              2,564,721        2,636,475
  Dividends                                     36,848,375       38,399,301
  Administrative and investment expenses          (314,160)      (1,045,755)
                                           ---------------- ----------------
    Net investment income                       77,752,509       28,751,891
                                           ---------------- ----------------

Contributions:
  Employers                                     15,239,396       14,923,399
  Participants                                  30,771,253       29,101,706
                                           ---------------- ----------------
    Total Contributions                         46,010,649       44,025,105
                                           ---------------- ----------------

Distributions to Participants                  (91,017,596)     (56,682,066)
                                           ---------------- ----------------

Net increase                                    32,745,562       16,094,930

Net Assets Available For Benefits:
  Beginning of Year                            753,191,511      737,096,581
                                           ---------------- ----------------
  End of Year                                 $785,937,073     $753,191,511
                                           ================ ================



See notes to financial statements

















                                        7




CENTRAL AND SOUTH WEST CORPORATION
RETIREMENT SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
--------------------------------------------------------------------------------


1.       PLAN DESCRIPTION

         The  following  description  of the Central and South West  Corporation
         Retirement  Savings Plan is provided for general  information  purposes
         only. Participants should refer to the Plan documents for more complete
         information.

         The  Central  and  South  West  Corporation  (CSW  or the  Corporation)
         Employees' Thrift Plan (Thrift Plan), a defined  contribution plan, was
         adopted by the Corporation effective December 22, 1959, and was renamed
         "Central  and  South  West  Corporation  Thrift  Plus"  (Thrift  Plus),
         effective  January  1, 1991.  It was  renamed  "Central  and South West
         Corporation  Retirement  Savings Plan" (the "Plan"),  effective July 1,
         1997.

         On June 15, 2000 American  Electric Power, Inc (AEP) merged with CSW so
         that CSW became a wholly-owned  subsidiary of AEP. The merger agreement
         provides that the CSW qualified  plans will remain in effect until July
         1, 2002. The effect on the Plan  subsequent to July 1, 2002 has not yet
         been determined.

         The  following  former  Central  and South West  System  companies  are
         participating employers in the Plan as of December 31, 2000:

           Central Power and Light Company (CPL)
           Public Service Company of Oklahoma (PSO)
           Southwestern Electric Power Company (SWEPCO)
           West Texas Utilities Company (WTU)
           Central and South West Services, Inc. (CSWS)
           CSW Energy, Inc. (CSWE)
           CSW Energy Services, Inc.
           C3 Communications, Inc.
           EnerShopSM Inc.

         Effective May 15, 2000,  Fidelity  Management Trust Company (Fidelity)
         was  appointed  Trustee  and  Recordkeeper  for the  Plan and all Plan
         assets were  transferred to Fidelity's  custody as of that date. Prior
         to that date,  Mellon Bank was the Trustee and Hewitt  Associates  was
         the Recordkeeper for the Plan. Some enhancements were made to the Plan
         in  conjunction  with the  change  to  Fidelity,  including  immediate
         vesting by participants in employer contributions, thereby making them
         not subject to  forfeiture.  In addition,  participants  who terminate
         employment with the Corporation and have  outstanding  loans may elect
         the option of paying off the balance under the existing terms over the
         remaining life of the loan.

         Any  employee of the  participating  employers  is eligible to become a
         voluntary  participant  once they have completed 1 hour of service.  At
         December 31, 2000 and 1999, there were 8,509 and 7,917  participants in
         the Plan, respectively.

         Generally,  eligible employees electing to participate in the Plan may
         make  contributions  in 1% increments  up to 20% of their salary.  The
         employers  contribute to the Plan, on behalf of each  participant,  an
         amount equal to 75% of the participant's  contribution up to 6% of the
         participant's compensation for each payroll period, subject to certain
         limitations.   All   contributions  are  participant   directed.   All
         contributions  are  deposited to the trust after each pay period.  The
         Tax Reform Act of 1986 restricts the amount that certain  participants
         who  are  deemed  highly  compensated  may  contribute  to  the  Plan.
         Participants  are  allowed  to  change  investment  elections,  change
         contribution  percentages,  or move  existing fund balances on a daily
         basis.   Prior  to  May  15,   2000,   forfeitures   of  the  employer
         contributions   without  a  fully  vested   interest   resulting  from
         termination of participation in the Plan were used by the

                                        8



         employers  to reduce  their  future  contributions.  Forfeitures  were
         reinstated  if the  participant  was  re-employed  by a  participating
         employer and returned to the Plan within five years.  The  forfeitures
         for the years ended  December 31, 2000,  and 1999,  were $78,151,  and
         $380,746, respectively.

         Netcontributions   made  to  the  Plan  by  the   employers   and  the
         participants  for the years ended  December 31, 2000,  and 1999,  were
         $46,010,649, and $44,025,105, respectively.

         A  participant's  account  shall be  distributed  at the option of the
         participant,  to  the  participant  or  the  participant's  designated
         beneficiary,  upon termination of employment or death. In the event of
         termination  of a  participant's  employment  before  reaching age 55,
         other than by death,  there shall be available to the  participant for
         distribution  the vested  interest in the  participant's  account as a
         lump sum.  A  participant  may make  withdrawals  at any time from any
         remaining contributions  previously made, but not exceeding the entire
         balance in the  account.  Participants  may elect to receive the funds
         either by lump sum, equal to market value at time of withdrawal, or an
         actuarially  determined annuity payment,  or by rolling the funds into
         another  qualified  plan of the  participant's  choice.  Additionally,
         employees may direct that their  contributions be made on an after-tax
         basis and/or a pre-tax basis in accordance  with Section 401(k) of the
         Internal Revenue Code (Code). An employee's taxable income for federal
         income   tax  is  reduced  by  any   pre-tax   contribution.   Certain
         restrictions,  as defined by the Code, are placed on the  availability
         of those pre-tax accumulated funds.

         American   Electric  Power  Service   Corporation  has  been  the  Plan
         Administrator  since May 15,  2000.  Prior to that  time,  the Plan was
         administered  by CSW's  Benefits  Advisory  Committee.  Fidelity is the
         Trustee  and  Recordkeeper  for all funds in the Plan at  December  31,
         2000.

         Subsequent to May 15, 2000,  participants may direct the investments of
         their contributions to any of the following funds:

                  The Fixed Income Fund,  the objective of which is to invest in
                  the Fidelity Retirement  Government Money Market Portfolio and
                  investment  contracts  from a wide  variety  of  providers  at
                  varying annual interest rates.

                  The AEP Stock Fund, the objective of which is to invest in AEP
                  common  stock  and  temporary   investments  in  the  Fidelity
                  Institutional Cash Portfolio Money Market Fund.

                  The Fidelity Puritan Fund, the objective of which is to invest
                  in a broadly  diversified  portfolio  of domestic  and foreign
                  common  stocks,  and  preferred  stocks and  bonds,  including
                  lower-quality,  high-yield debt securities. The prospectus for
                  the Puritan Fund  indicates  that the Puritan Fund is a growth
                  and income fund.

                  The  Fidelity  OTC  Portfolio,  the  objective  of which is to
                  invest  in  common  stocks,   preferred   stocks,   securities
                  convertible  into common stocks,  and debt securities that are
                  traded on the  over-the-counter  (OTC) securities  market. The
                  prospectus  for  the  OTC  Portfolio  indicates  that  the OTC
                  Portfolio is a growth fund.

                  The  Fidelity  Overseas  Fund,  the  objective  of which is to
                  invest in  foreign  securities,  including  common  stocks and
                  securities  convertible  into common  stocks,  as well as debt
                  instruments.  The  prospectus  for the Overseas Fund indicates
                  that the Overseas Fund is an international growth fund.

                  The Fidelity Blue Chip Growth Fund,  the objective of which is
                  to  invest in a  diversified  portfolio  of  common  stocks of
                  well-known and established domestic and foreign companies. The
                  prospectus  for the Blue Chip Growth Fund  indicates  that the
                  Blue Chip Growth Fund is a growth fund.

                                        9


                  The Fidelity  Equity-Income Fund, the objective of which is to
                  seek reasonable  income and also to consider the potential for
                  capital appreciation.  The fund seeks a yield that exceeds the
                  yield on the securities comprising the Standard and Poor's 500
                  index and normally invests at least 65% of its total assets in
                  income-producing   equity   securities,    while   potentially
                  investing  in  other  types  of  equity  securities  and  debt
                  securities, including lower-quality debt securities.

                  The Fidelity  Low-Priced Stock Fund, the objective of which is
                  to seek capital  appreciation  by normally  investing at least
                  65% of total assets in  low-priced  common stocks ($35 or less
                  at time of purchase),  which can lead to  investments in small
                  and medium-sized companies.

                  The Fidelity Freedom Income Fund, the objective of which is to
                  seek high  current  income and,  secondarily,  to seek capital
                  appreciation.  The fund invests in a  combination  of Fidelity
                  equity,  fixed-income,  and  money  market  funds  (underlying
                  Fidelity  Funds) and  allocates  its assets  among these funds
                  according to a stable asset allocation  strategy  designed for
                  investors already in retirement.

                  The Fidelity  Freedom 2000 Fund,  the objective of which is to
                  seek high total  return,  by  investing  in a  combination  of
                  Fidelity   equity,   fixed-income,   and  money  market  funds
                  (underlying  Fidelity  funds) and  allocating its assets among
                  these funds  according to an asset  allocation  strategy  that
                  becomes  increasingly  conservative as Freedom 2000 approaches
                  its target retirement date.  Targeted to investors expected to
                  retire around the year 2000.

                  The Fidelity  Freedom 2010 Fund,  the objective of which is to
                  seek high total  return,  by  investing  in a  combination  of
                  Fidelity   equity,   fixed-income,   and  money  market  funds
                  (underlying  Fidelity  funds) and  allocating its assets among
                  these funds  according to an asset  allocation  strategy  that
                  becomes  increasingly  conservative as Freedom 2010 approaches
                  its target retirement date.  Targeted to investors expected to
                  retire around the year 2010.

                  The Fidelity  Freedom 2020 Fund,  the objective of which is to
                  seek high total  return,  by  investing  in a  combination  of
                  Fidelity   equity,   fixed-income,   and  money  market  funds
                  (underlying  Fidelity  funds) and  allocating its assets among
                  these funds  according to an asset  allocation  strategy  that
                  becomes  increasingly  conservative as Freedom 2020 approaches
                  its target retirement date.  Targeted to investors expected to
                  retire around the year 2020.

                  The Fidelity  Freedom 2030 Fund,  the objective of which is to
                  seek high total  return,  by  investing  in a  combination  of
                  Fidelity   equity,   fixed-income,   and  money  market  funds
                  (underlying  Fidelity  funds) and  allocating its assets among
                  these funds  according to an asset  allocation  strategy  that
                  becomes  increasingly  conservative as Freedom 2030 approaches
                  its target retirement date.  Targeted to investors expected to
                  retire around the year 2030.

                  The Fidelity  Freedom 2040 Fund,  the objective of which is to
                  seek high total  return,  by  investing  in a  combination  of
                  Fidelity   equity,   fixed-income,   and  money  market  funds
                  (underlying  Fidelity  funds) and  allocating its assets among
                  these funds  according to an asset  allocation  strategy  that
                  becomes  increasingly  conservative as Freedom 2040 approaches
                  its target retirement date.  Targeted to investors expected to
                  retire around the year 2040.

                                       10


                  The  Fidelity  Spartan  U.S.  Equity  Index   Portfolio,   the
                  objective  of which is to invest in a group of common  stocks.
                  The  prospectus  for the Spartan U.S.  Equity Index  Portfolio
                  indicates  that the Spartan U.S.  Equity Index  Portfolio is a
                  growth and income fund which is designed  to  approximate  the
                  composition and total return of the S&P 500.

         During 1999 and prior to May 15,  2000,  participants  could direct the
         investment of their  contributions  to any combination of the following
         funds:

                  Fixed  Income  Fund,  the  objective  of which is to invest in
                  fixed  income   securities   such  as  guaranteed   investment
                  contracts, temporary cash investments,  government obligations
                  and other fixed income  securities  that have been selected by
                  the Investment Committee.

                  CSW  Corporation  Stock  Fund,  the  objective  of which is to
                  invest in Central and South West Corporation  common stock. In
                  1994,  the  fund  enrolled  in the  CSW  PowerShare  Dividends
                  Reinvestment  and Stock  Purchase  Plan with the  intention of
                  reducing the  administrative  expenses of the Plan  associated
                  with the payment of dividends.

                  Asset  Allocation Fund, the objective of which is to invest in
                  equity  mutual funds and a fixed income  corporate  bond fund.
                  The  allocation  between  equity  mutual  funds  and the fixed
                  income  corporate  bond fund may be shifted  from time to time
                  based on the attractiveness of the stock market.

                  Capital Appreciation Fund, the objective of which is to invest
                  in mutual funds that have a goal of  long-term  growth with no
                  emphasis on current  income.  The mutual funds purchase stocks
                  of rapidly  growing  companies or companies with the potential
                  for exceptional growth.

                  Growth and Income Fund, the objective of which is to invest in
                  mutual  funds whose goal is a  combination  of both growth and
                  current income.  These mutual funds purchase stocks of growing
                  companies  as well as those whose  share  price has  increased
                  while paying steady dividends.

         Participants   may   transfer   the  value  of  their  own   cumulative
         contributions,   in  any  whole  percentage  or  dollar  amount,  among
         investments,  change  their  investment  elections,  and  change  their
         contribution percentage as often as they like. Except for their pre-tax
         contributions,  participants  may withdraw  their  interest in the Plan
         twice  a year,  including  company  matching  contributions  which  are
         immediately  vested.   Pre-tax   contributions  are  not  eligible  for
         withdrawal by participants not yet age 59-1/2.

         Participants may borrow from their savings plan accounts,  a minimum of
         $1,000 ($500 prior to May 2000) up to a maximum  equal to the lesser of
         $50,000 or 50% of their account balance. Loan terms range from one year
         to 60 months, except for certain loans to purchase a home for which the
         maximum  term is 15 years.  Interest  rates,  fixed for the life of the
         loan, are established by the Plan  Administrator in accordance with the
         requirements  of law.  Active  employees  make  principal  and interest
         payments through payroll  deductions.  Retirees/surviving  spouses make
         monthly payments using a coupon book.

2.       ACCOUNTING POLICIES

         The accompanying financial statements are prepared on the accrual basis
         of  accounting.  Certain  reclassifications  have been made in the 1999
         financial statements to conform with the 2000 presentation.

                                       11


         Investments have been recorded based on the trade-date and are reported
         in the Statements of Net Assets Available for Benefits at fair value or
         contract  value.  The AEP and CSW Stock Fund  investments are valued at
         year-end quoted closing prices. The year-end valuations for the various
         Fidelity  funds  are  based  on  the  closing  market  prices  for  the
         underlying securities as provided by the Trustee.
         Dividends and interest income are recorded as earned. These amounts are
         reinvested  by the  Trustees  in the same funds  which  generated  such
         income.  Investment management fees are accounted for as a reduction in
         net  investment   income.   Beginning  in  May  2000,  all  other  Plan
         administration  expenses are paid by the employer with the exception of
         per  transaction   charges  for   withdrawals   and  minimum   required
         distributions which are borne by the participants.

         Distributions  are  recorded  when paid.  There were no amounts  due to
         participants who requested  distributions from the Plan at December 31,
         2000 and 1999.

         The  preparation of financial  statements in conformity with accounting
         principles  generally accepted in the United States of America requires
         management to make estimates and  assumptions  that affect the reported
         amounts of assets and liabilities  and disclosure of contingent  assets
         and  liabilities  at the  date  of the  financial  statements  and  the
         reported amounts of revenues and expenses during the reporting  period.
         Actual results could differ from those estimates.

         The  Plan   utilizes   various   investment   instruments.   Investment
         securities,  in general, are exposed to various risks, such as interest
         rate, credit,  and overall market volatility.  Due to the level of risk
         associated  with  certain  investment  securities,   it  is  reasonably
         possible that changes in the values of investment securities will occur
         in the near term and that such  changes  could  materially  affect  the
         amounts  reported  in  the  Statements  of  Net  Assets  Available  for
         Benefits.


3.       INVESTMENTS EXCEEDING 5% OF PLAN NET ASSETS

         Investments exceeding five percent of net assets were:

                                                             Fair Value
                                                    ---------------------------
                                                            December 31,
                                                        2000           1999
                                                    ------------   ------------

      AEP Common Stock. . . . . . . . . . . . . . .  $230,499,010  $     -

      FMTC US Govt. Reserve . . . . . . . . . . . .   177,623,922        -

      Fidelity Blue Chip Growth Fund. . . . . . . .   159,127,794        -

      Fidelity Equity Inc . . . . . . . . . . . . .   104,768,291        -

      CSW Common Stock. . . . . . . . . . . . . . .         -       175,648,048

      LaSalle Income Plus Fund. . . . . . . . . . .         -        93,235,466

      Harbor Fund . . . . . . . . . . . . . . . . .         -        57,466,938

      Twentieth Century Investors Ultra Fund. . . .         -        64,250,636

      Janus Fund. . . . . . . . . . . . . . . . . .         -        57,645,322

      Waddell & Reed United Income Fund . . . . . .         -        47,400,479

      ICAP Funds Equity Portfolio . . . . . . . . .         -        43,915,398

                                       12


4.       NET APPRECIATION (DEPRECIATION) IN FAIR VALUE OF INVESTMENTS

         During 2000 and 1999,  the Plan's  investments  (including  investments
         bought, sold as well as held during the year) appreciated (depreciated)
         in value by $26,663,750 and $(23,127,249), respectively, as follows:

                                                     Appreciation(Depreciation)
                                                           In Fair Value
                                                    ---------------------------
                                                      Year Ended December 31,
                                                        2000           1999
                                                    ------------   ------------

      Investments at Fair Value:
        Central and South West Corporation
          Common Stock. . . . . . . . . . . . . .  $  10,125,387 $( 63,117,410)

        American Electric Power Company
          Common Stock. . . . . . . . . . . . . .     59,184,228        -
        Registered Investment Companies . . . . .    (42,605,337)   42,586,397
      Investments at Estimated Fair Value:
        Bank Investment and
          Other Fixed Income Contracts. . . . . .        (40,528)   (2,596,236)
                                                   -------------  -------------

            Total . . . . . . . . . . . . . . . .  $  26,663,750  $(23,127,249)
                                                   ============== =============


5.       FEDERAL INCOME TAX

         The Internal  Revenue  Service (IRS) has determined that the Plan meets
         the requirements of Section 401(a) of the Code; therefore,  the Plan is
         exempt from federal income tax pursuant to Section 501(a) of the Code.

         The Plan obtained its latest  determination  letter on August 17, 1999,
         in  which  the IRS  stated  that the  Plan,  as then  designed,  was in
         compliance  with the applicable  requirements of the Code. The Plan has
         been amended since receiving the  determination  letter.  However,  the
         plan  administrator and the plan's tax counsel believe that the Plan is
         currently designed and being operated in compliance with the applicable
         requirements of the Internal Revenue Code. Therefore,  no provision for
         income taxes has been included in the Plan's financial statements.

         Under current  income tax laws and  regulations,  participants  are not
         subject to federal  income tax on the employer  contributions  to their
         accounts  or on the  accumulated  earnings  on  employee  and  employer
         contributions  until such  amounts  are  distributed  to  participants.
         Employees  have  the  option  to make  contributions  to the  Plan on a
         pre-tax  basis,  in which case  federal  income tax is  deferred  until
         pre-tax contributions and earnings are distributed.

6.       RECONCILIATION OF THE 1999 FINANCIAL STATEMENTS TO FORM 5500

         A reconciliation of net assets available for benefits per the financial
         statements to the Form 5500 at December 31, 1999, is as follows:


                                                                    1999
                                                                    ----
         Net assets available for benefits, per the
           financial statements                                 $753,191,5ll
         Amounts allocated to withdrawing participants            (1,796,815)
                                                                ------------
         Net assets available for benefits, per the
           Form 5500                                            $751,394,696
                                                                ============

                                       13





         A  reconciliation  of  benefits  distributed  to  participants  per the
         financial  statements  to the Form 5500 at  December  31,  1999,  is as
         follows:

                                                                    1999
                                                                    ----

         Benefits distributed per the financial statements      $ 56,682,066
         Amounts allocated to withdrawing participants, at
           December 31                                             1,796,815
         Amounts allocated to withdrawing participants, at
           December 31 (1998)                                     (1,142,357)
                                                                ------------
         Benefits paid to participants per the Form 5500        $ 57,336,524
                                                                ============

         Amounts allocated to withdrawing  participants are recorded on the Form
         5500 for  benefit  claims that have been  processed  and  approved  for
         payment prior to December 31 but not yet paid as of that date.


7.       PLAN TERMINATION

         Although  it has not  expressed  any intent to do so, AEP has the right
         under  the Plan to  discontinue  its  contributions  at any time and to
         terminate the Plan subject to the provisions of ERISA.  In the event of
         Plan  termination,  participants  remain  100  percent  vested in their
         accounts.


8.       RELATED-PARTY TRANSACTIONS

         Certain  Plan  investments  are  shares  of  mutual  funds  managed  by
         Fidelity.  Fidelity  is  the  trustee  as  defined  by  the  Plan  and,
         therefore, these transactions qualify as party-in-interest.





















                                       14





CENTRAL AND SOUTH WEST CORPORATION
RETIREMENT SAVINGS PLAN

SUPPLEMENTAL SCHEDULE I
------------------------------------------------------------------------------------------

ASSETS HELD FOR INVESTMENT PURPOSES AS OF DECEMBER 31, 2000

                                             NUMBER OF      FAIR/CONTRACT
                                           SHARES/UNITS          VALUE           COST
                                          ---------------   --------------  --------------
                                                                   
GDCS CSW FIXED INCOME FUND . . . . . .  177,620,283 Units   $177,623,922    $177,620,283

THE AEP STOCK FUND:
 *American Electric Power Company, Inc.
   Common Stock $6.50 par value . . . .  16,751,382 Shares  $225,463,947    $171,791,678
 *Fidelity Institutional Cash
   Portfolio Fund . . . . . . . . . . .   5,035,063 Units      5,035,063       5,035,063
                                                           -------------    ------------
    TOTAL - THE AEP STOCK FUND. . . . .                     $230,499,010    $176,826,741

REGISTERED INVESTMENT COMPANY:
 *The Fidelity Puritan Fund. . . . . . .  1,689,062 Units   $ 31,805,036    $ 31,517,895
 *The Fidelity OTC Portfolio . . . . . .    636,241 Units     26,117,689      39,975,016
 *The Fidelity Overseas Fund . . . . . .    167,993 Units      5,773,930       7,415,225
 *The Fidelity Blue Chip Growth Fund . .  3,088,061 Units    159,127,794     179,601,639
 *The Fidelity Equity Income Fund. . . .  1,960,851 Units    104,768,291      99,787,728
 *The Fidelity Low-Priced Stock Fund . .    160,563 Units      3,712,207       3,715,418
 *The Fidelity Freedom Income Fund . . .    148,325 Units      1,656,789       1,640,474
 *The Fidelity Freedom 2000 Fund . . . .    202,276 Units      2,388,883       2,512,271
 *The Fidelity Freedom 2010 Fund . . . .    150,835 Units      2,087,555       2,140,348
 *The Fidelity Freedom 2020 Fund . . . .    165,458 Units      2,409,066       2,557,978
 *The Fidelity Freedom 2030 Fund . . . .    149,482 Units      2,242,226       2,409,645
 *The Fidelity Freedom 2040 Fund . . . .      3,073 Units         26,885          26,592
 *The Fidelity Spartan U.S. Equity Index
   Portfolio . . . . . . . . . . . . . .    152,729 Units      7,149,226       7,653,230
                                                             -----------   -------------
    TOTAL - REGISTERED INVESTMENT COMPANY                   $349,265,577    $380,953,459

PARTICIPANT LOANS (interest rates ranging from 7%
  through 10.5% maturing through December 2015)             $ 28,548,564    $ 28,548,564
                                                            ------------    ------------

TOTAL INVESTMENTS . . . . . . . . . . .                     $785,937,073    $763,949,047
                                                            ============    ============


* Issuer is a Party in Interest to the Plan.













                                       15



     CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
     SUPPLEMENTAL SCHEDULE II - SCHEDULE OF REPORTABLE TRANSACTIONS
     YEAR ENDED DECEMBER 31, 2000

     Series transactions involving a net amount in excess of five percent
     of the current value of Plan net assets as of the beginning of the year:

           Idenity of                Description of Asset
         Party Involved           (include interest rate and           Purchase          Selling       Expense Incurred
                                  maturity in case of a loan)            Price            Price        with transaction
                                                                                                           
  *   Mellon Trust            Fixed Income Fund
                              Federal National Mortgage Association
                              2 Sales                                           $ -      $ 39,985,200                $ -

                              EB Temporary Investments
                              75 Purchases                              169,788,876                 -                  -
                              67 Sales                                            -       186,688,271                  -

  *   Mellon Trust            Growth and Income  (194-737)
                              Vanguard/Windsor Fund Inc. II
                              69 Sales                                            -        39,255,844                  -

  *   Mellon Trust            CSW Stock Fund
                              EB Temporary Investments
                              45 Sales                                            -        43,931,322                  -

  *   Mellon Trust            Capital Appreciation  (194-736)
                              American Century Mutual Funds Ultra
                              56 Purchases                               46,179,124                 -                  -
                              54 Sales                                            -       103,198,070                  -

  *   Fidelity  Management    CSW Fixed Income Fund (GDCS)
      Trust Company           5 Purchase                                186,387,319                 -                  -

  *   Fidelity  Management    CSW Stock Fund (TRBV)
      Trust Company           3 Purchase                                203,199,786                 -                  -

  *   Issuer is a Party in Interest to the Plan.


     CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
     SUPPLEMENTAL SCHEDULE II - SCHEDULE OF REPORTABLE TRANSACTIONS
     YEAR ENDED DECEMBER 31, 2000

     Series transactions involving a net amount in excess of five percent
     of the current value of Plan net assets as of the beginning of the year:
                                                                                       Current value
           Idenity of                 Description of Asset                              of asset on
         Party Involved            (include interest rate and             Cost          transaction            Net gain
                                  maturity in case of a loan)           of asset            date              or (loss)
                                                                                                     
  *   Mellon Trust            Fixed Income Fund
                              Federal National Mortgage Association
                              2 Sales                                   $ 39,978,280       $ 39,985,200            $ 6,920

                              EB Temporary Investments
                              75 Purchases                               169,788,876        169,788,876                  -
                              67 Sales                                   186,688,271        186,688,271                  -

  *   Mellon Trust            Growth and Income  (194-737)
                              Vanguard/Windsor Fund Inc. II
                              69 Sales                                    45,147,919         39,255,844         (5,892,075)

  *   Mellon Trust            CSW Stock Fund
                              EB Temporary Investments
                              45 Sales                                    43,931,322         43,931,322                  -

  *   Mellon Trust            Capital Appreciation  (194-736)
                              American Century Mutual Funds Ultra
                              56 Purchases                                46,179,124         46,179,124                  -
                              54 Sales                                    96,426,843        103,198,070          6,771,227

  *   Fidelity  Management    CSW Fixed Income Fund (GDCS)
      Trust Company           5 Purchase                                 186,387,319        186,387,319                  -

  *   Fidelity  Management    CSW Stock Fund (TRBV)
      Trust Company           3 Purchase                                 203,199,786        203,199,786                  -

  *   Issuer is a Party in Interest to the Plan.

                                       16



     CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
     SUPPLEMENTAL SCHEDULE II - SCHEDULE OF REPORTABLE TRANSACTIONS
     YEAR ENDED DECEMBER 31, 2000

     Single transactions involving a net amount in excess of five percent
     of the current value of Plan net assets as of the beginning of the year:

             Idenity of                  Description of Asset
           Party Involved             (include interest rate and           Purchase         Selling     Expense Incurred
                                     maturity in case of a loan)            Price            Price      with transaction
                                                                                                           
 *    Mellon Trust               Fixed Income Fund
                                 EB Temporary Investments
                                  Purchases                               $ 54,157,382              $ -               $ -
                                 Sale                                                -       84,649,850                 -

 *    Mellon Trust               Growth and Income  (194-737)
                                 ICAP FDS INC Equity Portfolio
                                 Sale                                                -       42,349,980                 -

                                 United FDS inc. Income Fund
                                 Sale                                                -       50,775,227                 -

 *    Mellon Trust              Capital Appreciation (194-736)
                                American Centruy Mutual Funds
                                Sale                                                 -       79,724,804                 -

                                Harbor Fund Capitall Appreciation Fund
                                Sale                                                 -       54,993,534                 -

                                Janus Investment Fund
                                Sale                                                 -       55,014,968                 -

 *   Fidelity  Management       Fidelity Blue Chip Fund (0312)
     Trust Company              Purchase                                   189,733,307                -                 -

 *   Fidelity  Management       Fidelity Equity Income Fund (0023)
     Trust Company              Purchase                                   115,071,896                -                 -

 *   Issuer is a Party in Interest to the Plan.


     CENTRAL AND SOUTH WEST CORPORATION RETIREMENT SAVINGS PLAN
     SUPPLEMENTAL SCHEDULE II - SCHEDULE OF REPORTABLE TRANSACTIONS
     YEAR ENDED DECEMBER 31, 2000

     Single transactions involving a net amount in excess of five percent
     of the current value of Plan net assets as of the beginning of the year:
                                                                                           Current value
                Idenity of                    Description of Asset                          of asset on
              Party Involved               (include interest rate and        Cost           transaction          Net gain
                                          maturity in case of a loan)      of asset            date              or (loss)
                                                                                                         
 *    Mellon Trust                Fixed Income Fund
                                  EB Temporary Investments
                                   Purchases                                $ 54,157,382      $ 54,157,382        $           -
                                  Sale                                        84,649,850        84,649,850                    -

 *    Mellon Trust                Growth and Income  (194-737)
                                  ICAP FDS INC Equity Portfolio
                                  Sale                                        41,929,487        42,349,980              420,493

                                  United FDS inc. Income Fund
                                  Sale                                        39,827,350        50,775,227           10,947,877

 *    Mellon Trust               Capital Appreciation (194-736)
                                 American Centruy Mutual Funds
                                 Sale                                         76,168,837        79,724,804            3,555,967

                                 Harbor Fund Capitall Appreciation Fund
                                 Sale                                         49,173,376        54,993,534            5,820,158

                                 Janus Investment Fund
                                 Sale                                         34,914,660        55,014,968           20,100,308

 *   Fidelity  Management        Fidelity Blue Chip Fund (0312)
     Trust Company               Purchase                                    189,733,307       189,733,307                    -

 *   Fidelity  Management        Fidelity Equity Income Fund (0023)
     Trust Company               Purchase                                    115,071,896       115,071,896                    -

 *   Issuer is a Party in Interest to the Plan.

                                       17


CENTRAL AND SOUTH WEST CORPORATION
RETIREMENT SAVINGS PLAN


EXHIBIT INDEX
-------------------------------------------------------------------------------

                                                                        Page No.
                                                                        In this
Exhibit No.                       Description                           Filing

   23A                     Consent of Deloitte & Touche LLP               19

   23B                     Consent of Arthur Andersen LLP                 20






























                                       18

                                                               EXHIBIT 23A
  CENTRAL AND SOUTH WEST CORPORATION
  RETIREMENT SAVINGS PLAN

  CONSENT OF INDEPENDENT AUDITORS
  ------------------------------------------------------------------------

  Central and South West Corporation:



  We consent to the  incorporation  by reference in the previously  filed
  registration statement on Form S-8 (File No. 333-39402),  of our report
  dated June 29, 2001  appearing  in this  Annual  Report on Form 11-K of
  Central and South West Corporation Retirement Savings Plan for the year
  ended December 31, 2000.








 DELOITTE & TOUCHE LLP
 Tulsa, Oklahoma
 June 29, 2001

























                                       19

                                                              EXHIBIT 23B
  CENTRAL AND SOUTH WEST CORPORATION
  RETIREMENT SAVINGS PLAN

  Consent of Independent Public Accountants
  -----------------------------------------------------------------------

  Central and South West Corporation:

  As   independent   public   accountants,   we  hereby  consent  to  the
  incorporation  by  reference  in  the  previously  filed   Registration
  Statement on Form S-8 (File  No.333-39402) of our report dated June 28,
  2000  on  the  financial  statements  of the  Central  and  South  West
  Corporation  Retirement  Savings  Plan  as of and for  the  year  ended
  December 31, 1999.







  ARTHUR ANDERSEN LLP
  Dallas, Texas
  June 29, 2001
























                                       20