Clean Energy Jobs Act would boost economy and employment

From a news release issued by the Center for Climate Strategies:

Implementation of the recently introduced Clean Energy Jobs Act (CEJA) would expand the state’s economy and create thousands of additional new jobs for Wisconsin. These impacts are reported in a recent Center for Climate Strategies (CCS) analysis of the macroeconomic effects of the proposed law, conducted by Michigan State University and the University of Southern California in association with the State of Wisconsin. The analysis focuses on nine proposed policy actions that address clean and renewable energy, energy efficiency, industrial processes, transportation and agriculture.

Based on a state-of-the-art macroeconomic analysis, implementation of these CEJA actions would result in the following outcomes for Wisconsin:
 Create a net increase of more than 16,200 new jobs in the state by 2025;
 Boost the state’s economy (Gross State Product) by
o $254 million in the near term (2015),
o more than $700 million in 2020,
o $1.41 billion by 2025, and
o $4.9 billion total over the 2011-2025 period.

Reactions to the study: Governor Doyle and CREWE.

Clean Energy Jobs Act would boost economy and employment

From a news release issued by the Center for Climate Strategies:

Implementation of the recently introduced Clean Energy Jobs Act (CEJA) would expand the state’s economy and create thousands of additional new jobs for Wisconsin. These impacts are reported in a recent Center for Climate Strategies (CCS) analysis of the macroeconomic effects of the proposed law, conducted by Michigan State University and the University of Southern California in association with the State of Wisconsin. The analysis focuses on nine proposed policy actions that address clean and renewable energy, energy efficiency, industrial processes, transportation and agriculture.

Based on a state-of-the-art macroeconomic analysis, implementation of these CEJA actions would result in the following outcomes for Wisconsin:
 Create a net increase of more than 16,200 new jobs in the state by 2025;
 Boost the state’s economy (Gross State Product) by
o $254 million in the near term (2015),
o more than $700 million in 2020,
o $1.41 billion by 2025, and
o $4.9 billion total over the 2011-2025 period.

Reactions to the study: Governor Doyle and CREWE.

Clean Energy Jobs Act would boost economy and employment

From a news release issued by the Center for Climate Strategies:

Implementation of the recently introduced Clean Energy Jobs Act (CEJA) would expand the state’s economy and create thousands of additional new jobs for Wisconsin. These impacts are reported in a recent Center for Climate Strategies (CCS) analysis of the macroeconomic effects of the proposed law, conducted by Michigan State University and the University of Southern California in association with the State of Wisconsin. The analysis focuses on nine proposed policy actions that address clean and renewable energy, energy efficiency, industrial processes, transportation and agriculture.

Based on a state-of-the-art macroeconomic analysis, implementation of these CEJA actions would result in the following outcomes for Wisconsin:
 Create a net increase of more than 16,200 new jobs in the state by 2025;
 Boost the state’s economy (Gross State Product) by
o $254 million in the near term (2015),
o more than $700 million in 2020,
o $1.41 billion by 2025, and
o $4.9 billion total over the 2011-2025 period.

Reactions to the study: Governor Doyle and CREWE.

Study projects minimal impact from renewable buyback rates

From a letter to State Rep. Spencer Black and State Sen. Mark Miller from RENEW Wisconsin:

RENEW is pleased to provide the enclosed copy of the narrative and appendix of tables from an economic analysis that we commissioned.

The analysis concludes that special buyback rates (sometimes called Advanced Renewable Tariffs) designed to stimulate small-scale renewable energy installations would have negligible impact on residential utility bills, averaging about $10 a year. That’s less a dollar a month for the typical customer. And it’s less than a household’s cost of purchasing the smallest block of green power from Madison Gas and Electric, for instance.

Compared with other forms of economic stimulus, promoting small-scale renewables through utility buyback rates would deliver a substantial and long-lasting economic punch with minimal impact on the Wisconsin citizen’s pocketbook.

Prepared by Spring Green-based L&S Technical Associates, the study modeled rate impacts from the legislation’s provisions for ARTs on the state’s five largest utilities. The modeling predicts cost impacts ranging from a low of $8.12 a year for a residential customer of Wisconsin Public Service to as high as $11.07 for a Wisconsin Power and Light (Alliant) customer. The projected impact would amount to $8.81 a year for a We Energies customer, $9.71 for a Madison Gas and Electric customer, and $10.11 for an Xcel Energy customer.

The projections assume that when each utility reaches its maximum threshold of 1.5 percent of total retail sales. In the aggregate, this percentage equates to 1/70th of total annual sales. That’s one billion kilowatt-hours a year, out of total annual sales of 70 billion kilowatt-hour.

Though the principals of L&S Technical Associates serve on RENEW’s board of directors, they have prepared numerous renewable energy studies for other clients, including the U.S. Department of Energy, Energy Center of Wisconsin, and the Wisconsin Department of Natural Resources. L&S has also co-authored renewable energy potential studies in response to requests from the Wisconsin Public Service Commission.

The bill’s renewable energy buyback provisions would unleash a steady flow of investment that would lead to new economic activity and jobs while moving us toward energy independence – exactly what we all hope to accomplish by passage of the Clean Energy Jobs Act legislation.

Study projects minimal impact from renewable buyback rates

From a letter to State Rep. Spencer Black and State Sen. Mark Miller from RENEW Wisconsin:

RENEW is pleased to provide the enclosed copy of the narrative and appendix of tables from an economic analysis that we commissioned.

The analysis concludes that special buyback rates (sometimes called Advanced Renewable Tariffs) designed to stimulate small-scale renewable energy installations would have negligible impact on residential utility bills, averaging about $10 a year. That’s less a dollar a month for the typical customer. And it’s less than a household’s cost of purchasing the smallest block of green power from Madison Gas and Electric, for instance.

Compared with other forms of economic stimulus, promoting small-scale renewables through utility buyback rates would deliver a substantial and long-lasting economic punch with minimal impact on the Wisconsin citizen’s pocketbook.

Prepared by Spring Green-based L&S Technical Associates, the study modeled rate impacts from the legislation’s provisions for ARTs on the state’s five largest utilities. The modeling predicts cost impacts ranging from a low of $8.12 a year for a residential customer of Wisconsin Public Service to as high as $11.07 for a Wisconsin Power and Light (Alliant) customer. The projected impact would amount to $8.81 a year for a We Energies customer, $9.71 for a Madison Gas and Electric customer, and $10.11 for an Xcel Energy customer.

The projections assume that when each utility reaches its maximum threshold of 1.5 percent of total retail sales. In the aggregate, this percentage equates to 1/70th of total annual sales. That’s one billion kilowatt-hours a year, out of total annual sales of 70 billion kilowatt-hour.

Though the principals of L&S Technical Associates serve on RENEW’s board of directors, they have prepared numerous renewable energy studies for other clients, including the U.S. Department of Energy, Energy Center of Wisconsin, and the Wisconsin Department of Natural Resources. L&S has also co-authored renewable energy potential studies in response to requests from the Wisconsin Public Service Commission.

The bill’s renewable energy buyback provisions would unleash a steady flow of investment that would lead to new economic activity and jobs while moving us toward energy independence – exactly what we all hope to accomplish by passage of the Clean Energy Jobs Act legislation.