Exhibit 99.1

Exhibit B of Servicing Agreement
Semi-Annual Servicer’s Certificate
AEP Texas Inc., as Servicer
AEP Texas Central Transition Funding III LLC
Pursuant to Section 4.01(c)(ii) of the Transition Property Servicing Agreement dated as of March 14, 2012
(the "Agreement") between AEP Texas Inc., as Servicer and AEP Texas Central Transition Funding III LLC
as Note Issuer, the Servicer does hereby certify as follows:
Capitalized terms used herein have their respective meanings as set forth in the Agreement.
References herein to certain sections and subsections are references to the respective sections of the Agreement.
Collection Periods: June 2024toNovember 2024
Payment Date:12/2/24
1. Collections Allocable and Aggregate Amounts Available for the Current Payment Date:
   i.Remittances for the 06/24 collection period (1)4,646,689.59
  ii.Remittances for the 07/24 collection period 6,861,482.02
 iii.Remittances for the 08/24 collection period 6,414,605.95
  iv.Remittances for the 09/24 collection period 6,964,315.64
   v.Remittances for the 10/24 collection period 6,871,115.25
  vi.Remittances for the 11/24 collection period (2)5,657,852.82
 vii.Investment Earnings on Collection Account
viii.                        Investment Earnings on Capital Subaccount104,653.53
  ix.                        Investment Earnings on Excess Funds Subaccount87,009.85
   x.                        Investment Earnings on General Subaccount 440,603.51
  xi.General Subaccount Balance (sum of i through x above)38,048,328.16
 xii.Excess Funds Subaccount Balance as of Prior Payment Date2,661,985.32
xiii.Capital Subaccount Balance as of Prior Payment Date4,000,000.00
 xiv.Collection Account Balance (sum of xi through xiii above)44,710,313.48
(1)Includes amounts calculated for the Reconciliation Period for the prior Collection Period, which was settled in June 2024
(2)Does not include the reconciliation amounts calculated for the Reconciliation Period for such Collection Period, which will be settled in the month following such Collection Period
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Exhibit B of Servicing Agreement
2. Outstanding Amounts as of Prior Payment Date:
Tranche
   i.Tranche A-1 Outstanding Amount0.00
  ii.Tranche A-2 Outstanding Amount0.00
 iii.Tranche A-3 Outstanding Amount39,443,320.00
  iv.Aggregate Outstanding Amount of all Tranches of Notes39,443,320.00
3. Required Funding/Payments as of Current Payment Date:
Principal
   Due
Tranche
   i.Tranche A-10.00
  ii.Tranche A-20.00
 iii.Tranche A-339,443,320.00
  iv.For all Tranches of Notes39,443,320.00
Interest TrancheInterest RateDays in interest Period(1)Principal BalanceInterest Due
   v.Tranche A-10.8801%1800.000.00
  vi.Tranche A-21.9764%1800.000.00
 vii.Tranche A-32.8449%18039,443,320.00561,061.51
viii.For all Tranches of Notes561,061.51
Required LevelFunding Required
   ix.Capital Subaccount4,000,000.000.00
4,000,000.000.00
Notes:
(1) On 30/360 day basis for initial payment date; otherwise use one-half of annual rate.
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Exhibit B of Servicing Agreement
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture:
i.Trustee Fees and Expenses57,695.16
ii.Servicing Fee200,000.00
iii.Administration Fee50,000.00
iv.Operating Expenses 0.00
v.Semi-Annual Interest (including any past-due for prior periods)561,061.51
Per $1000 of Original
Interest TrancheAggregatePrincipal Amount
1.Tranche A-1 Interest Payment0.00$0.00 
2.Tranche A-2 Interest Payment0.00$0.00 
3.Tranche A-3 Interest Payment561,061.51$1.80 
561,061.51
vi.Principal Due and Payable as a Result of Event of Default or on Final Maturity Date0.00
Per $1000 of Original
Interest TrancheAggregatePrincipal Amount
1.Tranche A-1 Principal Payment0.00$0.00 
2.Tranche A-2 Principal Payment0.00$0.00 
3.Tranche A-3 Principal Payment0.00$0.00 
0.00
vii.Semi-Annual Principal39,443,320.00
Per $1000 of Original
Interest TrancheAggregatePrincipal Amount
1.Tranche A-1 Principal Payment0.00$0.00 
2.Tranche A-2 Principal Payment0.00$0.00 
3.Tranche A-3 Principal Payment39,443,320.00$126.46 
39,443,320.00
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Exhibit B of Servicing Agreement
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture (continued):
viii.Funding of Capital Subaccount (to required level)4,000,000.00
ix.Investment Earnings on Capital Subaccount Released to Note Issuer104,653.53
x.Deposit to Excess Funds Subaccount293,583.28
xi.Released to Note Issuer upon Retirement of all Notes0.00
xii.Aggregate Remittances as of Current Payment Date44,710,313.48
5. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):
Tranche
   i.Tranche A-1 Outstanding Amount0.00
  ii.Tranche A-2 Outstanding Amount0.00
 iii.Tranche A-3 Outstanding Amount0.00
  iv.Aggregate Outstanding Amount of all Tranches of Notes 0.00
    v.Excess Funds Subaccount Balance293,583.28
   vi.Capital Subaccount Balance4,000,000.00
  vii.Aggregate Collection Account Balance4,293,583.28
6. Subaccount Withdrawals as of Current Payment Date (if applicable, pursuant to Section 8.02(e) of Indenture):
i.Excess Funds Subaccount2,748,995.17
ii.Capital Subaccount4,104,653.53
iii.Total Withdrawals6,853,648.70
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Exhibit B of Servicing Agreement
7. Shortfalls In Interest and Principal Payments as of Current Payment Date:0.00
i. Semi-annual Interest
Tranche
1.Tranche A-1 Interest Payment0.00
2.Tranche A-2 Interest Payment0.00
3.Tranche A-3 Interest Payment0.00
0.00
ii. Semi-annual Principal
Tranche
1.Tranche A-1 Principal Payment0.00
2.Tranche A-2 Principal Payment0.00
3.Tranche A-3 Principal Payment0.00
0.00
8. Shortfalls in Payment of Permitted Return as of Current Payment Date:
i. Permitted Return0.00
9. Shortfalls in Required Subaccount Levels as of Current Payment Date:
i. Capital Subaccount0.00
IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semi-Annual
Servicer’s Certificate this 26th day of November, 2024.
/s/ Noah Hollis
AEP TEXAS Inc., as Servicer
By:Noah Hollis
Title: Assistant Treasurer
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