The American Public Power Association (APPA), National Rural Electric Cooperative (NRECA), and the Edison Electric Institute (EEI) have jointly commissioned a report, published last month, entitled Powering America: The Economic and Workforce Contributions in the U.S. Electric Power Industry.
The report reviews the impacts of the nation’s electric industry on jobs and the economy, highlights of which include:
- The electric power industry supports close to 2.7 million direct jobs (including utility employees, and contractor, supply chain, and investment jobs), and more than 7 million total jobs (direct and induced).
- Capital investment by the industry in 2016 exceeded $135 billion.
- In 2014, the industry contributed $274 billion directly to the U.S. Gross Domestic Product.