Tailored business services boost returns on state and local incentives for new energy project investments

Figures represent the range of baseline and modeled-alternative benefit-cost ratios for state and local incentives for new energy projects. Middle dots represent median benefit-cost ratio in the baseline and alternative scenarios across all projects analyzed.


Note: Benefit-cost ratio captures the estimated increase in state per-capita income relative to the cost of incentives for a particular project. Examples of customized business services include workforce development and infrastructure upgrades. Benefit-cost ratios greater than 1 indicate a positive return on incentive investment for state-level residents. The Upjohn Institute report from which this data is sourced assesses the benefits and costs of state and local incentives for 50 of the largest new energy technology project investments in the United States.
Source: W.E. Upjohn Institute for Employment ResearchGet the dataDownload imageDownload PDF