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Wednesday, August 29, 2012

Stimulus Program in Wisconsin Creates Renewable Energy Jobs

Impact of 1603 Treasury Grant Stimulus Program

·        Number of Wisconsin renewable energy projects: 180
o   11 Biogas
o   3 Geothermal
o   28 Small Wind
o   1 Large Wind
o   13 Solar Thermal
o   124 Solar Electric

·        Federal grants to projects: $38 million

·        Estimated total project costs: $127 million [1]

·        Economic Impact from projects in Wisconsin [2]

o   Construction jobs: 1,000-1,500
o   Construction earning: $60 -90 million
o   Construction impact: $170-280 million
o   Operation and Maintenance jobs: 40
o   Operation and Maintenance earning: $2.1-2.5 million
o   Operation and Maintenance economic impact: $10.1-10.6 million



[1] Assumes 30% of total project costs from 1603 Treasury grant
[2] Extrapolated from national modeling: NREL, “Preliminary Impact of the Jobs and Economic Impact of Renewable Energy Projects Supported by the 1603 Treasury Grant Program (April 2012)”. http://www.nrel.gov/docs/fy12osti/52739.pdf

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