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.
Subscribe and receive updates on the latest news and postings!