Preliminary analysis of the jobs and economic impacts of renewable energy projects supported by the §1603 Treasury Grant Program
1st April 2012
Topic(s): Renewables, Economics
This report estimates the jobs and economic impacts resulting from the total investment in projects supported by the United States’ §1603 Treasury grant program. Although the primary intent of the program was to minimize the impact of the weakened tax equity market on renewable project development, by providing project developers with an alternative way to recoup the value of the tax incentives, it ensured that development of renewable energy projects, and the jobs and economic benefits associated with those projects, were not hindered by weak tax equity markets.
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