Analysis shows $10 billion in federal stimulus, invested in advanced energy technologies, would add $60 billion to Nevada’s gross state product, a six-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

CARSON CITY, December 3, 2020 – This week, decision makers in Nevada are facing a grim reality, as the Economic Forum delivers its General Fund revenue forecast today. As Gov. Sisolak and state legislators prepare the biennial budget for FY 2021-2023, hope for a federal stimulus package has revived, with the incoming Biden administration making COVID-19 relief and rebuilding the economy among its top priorities.

With any federal dollars, Nevadans must make certain to invest in sectors that can leverage the stimulus for the greatest long-term impact. A report from national business group Advanced Energy Economy (AEE) quantifies significant economic benefits associated with investments in advanced clean energy deployment for the state of Nevada.

INDIANAPOLIS, November 23, 2020 — Today national business group Advanced Energy Economy (AEE) released the statement below in response to the final report released by the Indiana General Assembly’s 21st Century Energy Policy Task Force, referencing our Nov. 17 written testimony to the task force, and our 2021 policy priorities.

WASHINGTON, D.C., Nov. 17, 2020 — Today national business group Advanced Energy Economy released this statement as a broad range of clean energy groups delivered a letter to leaders of the U.S. Congress calling for swift action to support deployment of advanced energy technologies and transportation electrification in must-pass legislation before yearend.

WASHINGTON, D.C., November 4, 2020 — Today, national business group Advanced Energy Economy (AEE) released a statement as votes continued to be counted from yesterday's election.

"On this day after Election Day, the ballots are still being tallied, and it’s a fundamental principle of American democracy that every vote be counted. As we await final results, AEE pledges to work with the next administration and new Congress, as well as states across the nation, to deliver the value of advanced energy for jobs, economic growth, and consumer savings," said Nat Kreamer, AEE's CEO.

WASHINGTON, D.C., November 3, 2020 — Today national business group Advanced Energy Economy (AEE) released a statement about the importance of today's election on the nation's transition to more affordable, clean and secure advanced energy resources. All remarks are from Nat Kreamer, AEE's CEO:

Analysis shows $45 billion in stimulus investment would add $174 billion to Florida’s gross state product, a four-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

TALLAHASSEE, October 22, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Florida. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $15 billion in stimulus investment would add $209 billion to Arizona’s gross state product, a 14-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

PHOENIX, October 21, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Arizona. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Utility’s resource plan fails to incorporate energy efficiency efforts similar to those of comparable utilities in other states and does not meet intent of the VCEA, resulting in $1 billion in higher electricity costs for Virginia customers

RICHMOND, October 20, 2020 — Today Virginia Advanced Energy Economy (Virginia AEE) submitted comments to the State Corporation Commission stating that Dominion Virginia’s 2020 Integrated Resource Plan (IRP) falls short in leveraging lower cost energy efficiency resources in its proposal to meet the Commonwealth’s projected energy needs. The utility's plan fails to incorporate energy efficiency efforts similar to those of comparable utilities and does not achieve the intent of the Virginia Clean Economy Act (VCEA), resulting in $1 billion in higher electricity costs for Virginia customers.

Analysis shows $10 billion in stimulus investment would add $60 billion to Nevada’s gross state product, a six-fold return on investment; increase tax revenues; create jobs; and deliver annual savings to consumers

CARSON CITY, October 15, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report  that quantified significant economic benefits associated with investments in advanced clean energy deployment for the state of Nevada. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing potential federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.

Analysis shows $45 billion in stimulus investment would add $357 billion to Illinois’ gross state product, an eight-fold return on investment, increase tax revenues, create millions of jobs, and deliver annual savings to consumers

CHICAGO, October 8, 2020 – Today, national business group Advanced Energy Economy (AEE) released results of a report that quantified significant economic benefits associated with investments in advanced energy deployment for the state of Illinois. The report, which was produced by international economics consultant Analysis Group for AEE, used an industry-standard modeling tool to estimate the impact of investing state or federal stimulus funds in advanced energy technologies, products, and services to boost economic activity in the wake of the COVID-19 slowdown.