Power Generation & Supply in Bucks County, Pennsylvania
The Penn State Workforce Education and Development Initiative conducted an analysis of the economic and workforce impacts of power generation and supply in Bucks County and released an Economic and Workforce Brief, “Role of Power Generation & Supply in the Economy of Bucks County.” The Brief quantifies the role of every 100 workers employed by the power generation and supply industry in generating jobs, compensation, and property taxes in the region.
This Brief helps explain the impact of plans recently announced by Governor Ed Rendell for the construction of a new solar energy power station, which will be the fourth largest of its kind in the country. There will be more than 16,500 solar panels built on 16.5 acres, which are adjacent to Waste Management’s GROWS landfill in Falls Township, Bucks County. When the plant is completed, it could produce 3,700 megawatts of power, which is enough power to supply 300-350 homes. For more about the plans to construct the new solar energy power facility, refer to the following websites:
http://tinyurl.com/2mdagv
http://tinyurl.com/25aymp
http://tinyurl.com/2bx72o
http://www.fallstwp.com
Data from the 2002 Economic Census, the most recent economic census available, indicate that there were 9,394 establishments in the United States involved in electric power generation and supply, with 282 establishments in Pennsylvania employing 25,266 workers (4.7% of U.S. employees in electric power generation and supply) and an annual payroll of $1.98 billion (5.6% of U.S. payroll of electric power generation and supply). Economic impact data available does not include specific enough information about solar energy facilities and electric power generation, so the more general category of electric power generation and supply was analyzed. In this way, the analysis in the Brief focuses on the impact of the electric power generation and supply industry in Bucks County. The electric power generation and supply industry mainly includes companies that operate power generation facilities, operate transmission facilities, and operate distribution systems that deliver electric power to consumers.
An analysis behind a Penn State Economic & Workforce Brief targets an industry (a group of establishments providing similar products or services), not an individual firm. As a result, economic and workforce impacts calculated for a Brief represent an industry average, not the impacts generated by an individual firm.
For additional information about this Brief or about the work of the Penn State Workforce Education and Development Initiative, contact Rose M. Baker (814.865.9919; rmb194@psu.edu) or David L. Passmore (814.863.2583; dlp@psu.edu). To view other Brief reports produced about other Pennsylvania industries and regions, navigate to: http://PSUBrief.notlong.com.
Order a Brief for your area using a form provided on this web site.