Report Released on Economic and Jobs Impact of the U.S. Electric Industry

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.
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