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Public power utilities better economies

February 25, 2019 | Laura King-Homan | how does that work, public power
Public power utilities benefit local economies.

Public power utilities are part of the communities they serve. That includes working to better local economies.

A March, 2018 study of 188 public power utilities found they gave a median of 5.6 percent of their electric operating revenues back to their communities. That is 27 percent more than investor-owned utilities pay in taxes to the communities they serve.

Among utilities with $100 million or more in revenue, public power utilities gave a median of 6.2 percent of revenues. This is compared to 4.6 percent paid by investor-owned utilities.

The following infographic, provided by American Public Power Association, explains where these funds go.

Public power utilities benefit local economies.

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About Laura King-Homan

Laura King-Homan is the manager of Corporate Brand and Communication Operations, at Omaha Public Power District. She has nearly 20 years of print journalism and design experience, including the Omaha World-Herald.

View all posts by Laura King-Homan >

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