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Pennsylvania Electricity Update

The IFO released a research brief that provides a general overview of the Pennsylvania electricity market. Recent EIA data show that Pennsylvania remains the largest net exporter of electricity in the country.

Tags: electricity, energy, gas

Pennsylvania electricity Update

The IFO released a research brief that provides a general overview of the Pennsylvania electricity market. Recent EIA data show that Pennsylvania remains the largest net exporter of electricity in the country.

09/09/2021

MTR-2017-02.pdf

6% FYTD $17,973 $17,680 $293 Growth 1.2% 1.0% 19.0% Dollar amounts are in millions. PA ELECTRICITY SOURCES CHANGING The U.S. Energy Information Administration (EIA) publishes state and national data on the composition of energy sources that are used to generate electricity for the residential, commercial and industrial sectors. Historically, coal and nuclear energy were the two largest sources of electricity for

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Electricity_Update_Sep_2021.pdf

The Independent Fiscal Office (IFO) publishes this research brief to provide a general overview of the Pennsylvania electricity market. According to data from the U.S. Energy Information Administration (EIA), Pennsylvania is the top exporter of electricity in the country by a significant margin. Table 1 shows net electricity generation by fuel source, total electricity consumption and

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MTR-2016-08.pdf

2% FYTD $3,988 $3,930 $58 Growth -0.4% -0.4% 1.1% Dollar amounts are in millions. PA ELECTRICITY MARKET TRENDS The U.S. Energy Information Administration (EIA) releases an Electricity Monthly Update 1 , which provides historical revenues, retail sales (demand) and average retail prices of electricity on national, regional and

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2007_divestment_complete_report.pdf

activities; less than 75% of the company’s power-production activities include projects whose intent is to provide power or electricity to the marginalized populations of Sudan; and the company has failed to take substantial action specific to Sudan. • The company not oil-related activities. 21 "Power production activities." Any business operation that 22 involves a project commissioned by the National Electricity 23 Corporation of Sudan or another similar Government of Sudan 24 entity whose purpose is to facilitate power generation and

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IFO - Economic and Budget Outlook - January 2012.pdf

various transportation companies, telecommunication firms, utility firms, and certain managed care organizations. The rate is 59 mills for sales of electricity and 50 mills for all other sales. 15 Gross receipts tax revenues totaled $1.23 billion in FY 2010-11 typically comprise four to five percent of General Fund revenues. A large portion of the tax base is composed of electricity sales to residential, commercial and industrial users. Historical demand for electricity is highly correlated with the real growth of the

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Impact-Fee-Update-Outlook-2019-06.pdf

percent) was also the highest on record. This trend was largely driven by (1) strong gains in the demand for electricity in 2018, as natural gas has become the leading source of electricity generation, both nationally and in Pennsylvania and (2) growing U.S. natural gas exports. In 2018, natural gas was used

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Independent Fiscal Office

16, 2021 This report examines the performance of IFO revenue estimates for the past nine budget cycles. ... (Full Report) Pennsylvania Electricity Update News Stand & Other September 09, 2021 The IFO released a research brief that provides a general overview of the Pennsylvania electricity market. Recent EIA data show that Pennsylvania remains the largest net exporter of electricity in the country. ... (Full Report) Monthly

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Single-Use Plastics Report-2020_06.pdf

convenience. •Grocery store owners list the cost to provide retail bags as their fourth largest operating cost, after electricity, payroll and credit card fees. Consumers •A recent survey of Pennsylvanians found that approximately 70 percent of shoppers would not be willing in-store experience. Bag Prices Retail bags are an input cost for retailers, similar to labor, rent or electricity. These input costs are a function of consumer demand for retail plastic bags and wholesale or supplier prices. Section 3 outlined the

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MTR-2018-1.pdf

Loan Debt 12 $5,030 $5,020 $5,060 n.a. $5,840 $5,810 $5,870 n.a. Industrial Electricity Sales 13 -4.1% -2.4% -3.6% n.a. -0.4% 2.0% -0.6% n.a. INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2018-04.pdf

Loan Debt 12 $5,020 $5,060 $5,140 n.a. $5,810 $5,870 $5,940 n.a. Industrial Electricity Sales 13 -2.3% -3.5% -2.6% n.a. 2.0% -0.6% 2.0% n.a. INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2018-03.pdf

Loan Debt 12 $5,030 $5,020 $5,060 $5,150 $5,840 $5,810 $5,870 $5,880 Industrial Electricity Sales 13 -4.0% -2.3% -3.5% -2.6% -0.4% 2.0% -0.6% 2.0% Wages and million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2018-02.pdf

Loan Debt 12 $5,030 $5,020 $5,060 $5,150 $5,840 $5,810 $5,870 $5,880 Industrial Electricity Sales 13 -4.1% -2.4% -3.6% -2.6% -0.4% 2.0% -0.6% 2.0% INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2017-12.pdf

Loan Debt 12 $4,920 $5,030 $5,020 $5,060 $5,690 $5,840 $5,810 $5,870 Industrial Electricity Sales 13 -0.6% -4.1% -2.4% -3.6% 1.7% -0.4% 2.0% -0.6% INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2017-11.pdf

Loan Debt 12 $4,920 $5,030 $5,020 $5,060 $5,690 $5,840 $5,810 $5,870 Industrial Electricity Sales 13 -4.9% -0.6% 1.4% n.a. 0.8% -0.5% 2.3% n.a. INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2017-10.pdf

Loan Debt 12 $4,830 $4,920 $5,030 $5,020 $5,590 $5,690 $5,840 $5,810 Industrial Electricity Sales 13 -4.9% -4.9% -0.6% 1.4% -0.6% 0.8% -0.5% 2.3% INDEPENDENT FISCAL million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2017-09.pdf

Loan Debt 12 $4,830 $4,920 $5,030 $5,020 $5,590 $5,690 $5,840 $5,810 Industrial Electricity Sales 13 -4.9% -4.9% -0.6% 1.4% -0.6% 0.8% -0.5% 2.3% Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Sales and Use Tax — Non-Motor Realty Transfer Tax Personal Income Tax

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MTR-2017-08.pdf

million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. United States Pennsylvania May-17 Jun-17 Jul-17 Aug-17 May- Loan Debt 12 $4,830 $4,920 $5,030 $5,020 $5,590 $5,690 $5,840 $5,810 Industrial Electricity Sales 13 -4.9% -4.9% -0.6% 1.4% -0.6% 0.8% -0.5% 2.3% INDEPENDENT FISCAL

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MTR-2017-07.pdf

million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. United States Pennsylvania Apr-17 May-17 Jun-17 Jul-17 Apr- Loan Debt 12 $4,830 $4,920 $5,030 n.a. $5,590 $5,690 $5,840 n.a. Industrial Electricity Sales 13 -4.9% -4.9% -0.6% n.a. -0.6% 0.8% -0.5% n.a. INDEPENDENT FISCAL

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MTR-2017-06.pdf

Loan Debt 12 $4,690 $4,830 $4,920 $5,030 $5,430 $5,590 $5,690 $5,840 Industrial Electricity Sales 13 -6.1% -4.9% -4.9% -0.6% -2.8% -0.6% 0.8% -0.5% Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office June 2017 - Monthly Trends Report Select General Fund Tax

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MTR-2017-05.pdf

Loan Debt 12 $4,690 $4,830 $4,920 $5,030 $5,430 $5,590 $5,690 $5,840 Industrial Electricity Sales 13 -6.1% -4.9% -4.9% -0.6% -2.8% -0.6% 0.8% -0.5% Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office May 2017 - Monthly Trends Report Select General Fund Tax

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MTR-2017-04.pdf

Loan Debt 12 $4,690 $4,830 $4,920 n.a. $5,430 $5,590 $5,690 n.a. Industrial Electricity Sales 13 -6.1% -4.9% -4.9% n.a. -2.8% -0.6% 0.8% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office April 2017 - Monthly Trends Report Select General Fund Tax

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MTR-2017-03.pdf

Loan Debt 12 $4,710 $4,690 $4,830 $4,920 $5,450 $5,430 $5,590 $5,690 Industrial Electricity Sales 13 -3.9% -6.2% -4.9% -4.9% -2.2% -2.8% -0.6% 0.8% Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office March 2017 - Monthly Trends Report Select General Fund Tax

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MTR-2017-01.pdf

Loan Debt 12 $4,710 $4,690 $4,830 n.a. $5,450 $5,430 $5,590 n.a. Industrial Electricity Sales 13 -3.9% -6.2% -4.9% n.a. -2.2% -2.8% -0.6% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office January 2017 - Monthly Trends Report Select General Fund Tax

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MTR-2016-12.pdf

Loan Debt 12 $4,600 $4,710 $4,690 $4,830 $5,310 $5,450 $5,430 $5,590 Industrial Electricity Sales 13 -2.5% -3.9% -6.2% -4.9% -4.0% -2.2% -2.8% -0.6% Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office December 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-11.pdf

Loan Debt 12 $4,600 $4,710 $4,690 n.a. $5,310 $5,450 $5,430 n.a. Industrial Electricity Sales 13 -5.3% -1.0% -3.4% n.a. -4.5% -1.7% -2.3% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office November 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-10.pdf

Loan Debt 12 $4,600 $4,710 $4,690 n.a. $5,310 $5,450 $5,430 n.a. Industrial Electricity Sales 13 -5.3% -1.0% -3.4% n.a. -4.5% -1.7% -2.3% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office October 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-06.pdf

Loan Debt 12 $4,480 $4,480 $4,600 $4,710 $5,180 $5,170 $5,310 $5,450 Industrial Electricity Sales 13 -3.6% -3.8% -5.3% -1.0% -1.6% -1.2% -4.5% -1.7% Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office June 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-05.pdf

Loan Debt 12 $4,480 $4,480 $4,600 $4,710 $5,180 $5,170 $5,310 $5,450 Industrial Electricity Sales 13 -3.6% -3.8% -5.3% n.a. -1.6% -1.2% -4.5% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office May 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-04.pdf

Loan Debt 12 $4,480 $4,480 $4,600 n.a. $5,180 $5,170 $5,310 n.a. Industrial Electricity Sales 13 -3.6% -3.8% -5.3% n.a. -1.6% -1.2% -4.5% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office April 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-03.pdf

Loan Debt 12 $4,590 $4,480 $4,480 $4,600 $5,330 $5,180 $5,170 $5,310 Industrial Electricity Sales 13 -2.9% -3.6% -3.8% -5.3% -2.4% -1.6% -1.2% -4.5% Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office March 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-02.pdf

Loan Debt 12 $4,590 $4,480 $4,480 $4,600 $5,330 $5,180 $5,170 $5,310 Industrial Electricity Sales 13 -3.1% -3.8% -4.0% n.a. -2.4% -1.6% -1.2% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office February 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2016-01.pdf

Loan Debt 12 $4,590 $4,480 $4,480 n.a. $5,330 $5,180 $5,170 n.a. Industrial Electricity Sales 13 -3.1% -3.8% -4.0% n.a. -2.4% -1.6% -1.2% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office January 2016 - Monthly Trends Report Select General Fund Tax

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MTR-2015-11.pdf

Loan Debt 12 $4,480 $4,590 $4,480 $4,480 $5,180 $5,330 $5,180 $5,170 Industrial Electricity Sales 13 2.4% -3.5% -4.4% n.a. -0.6% -2.3% -1.6% n.a. Monthly Economic million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office November 2015 - Monthly Trends Report Select General Fund Tax

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MTR-2015-10.pdf

Loan Debt 12 $4,480 $4,590 $4,480 n.a. $5,180 $5,330 $5,180 n.a. Industrial Electricity Sales 13 -1.3% -0.5% -0.7% n.a. -1.2% -1.8% -1.1% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office October 2015 - Monthly Trends Report Select General Fund Tax

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MTR-2015-09.pdf

Loan Debt 12 $4,390 $4,480 $4,590 $4,480 $5,070 $5,180 $5,330 $5,180 Industrial Electricity Sales 13 -1.4% -1.3% -0.5% -0.7% -0.6% -1.2% -1.8% -1.1% Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office September 2015 - Monthly Trends Report Select General Fund Tax

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MTR-2015-08.pdf

Loan Debt 12 $4,390 $4,480 $4,590 $4,480 $5.070 $5,180 $5,330 $5,180 Industrial Electricity Sales 13 -1.4% -1.2% -0.5% n.a. -0.6% -1.2% -1.8% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office August 2015 - Monthly Trends Report Select General Fund Tax

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MTR-2015-07.pdf

Loan Debt 12 $4,390 $4,480 $4,590 n.a. $5,070 $5,180 $5,330 n.a. Industrial Electricity Sales 13 -1.4% -1.3% -0.5% n.a. -0.6% -1.2% -1.8% n.a. Completed Home million consumers (includes children). Source: Federal Reserve Bank of New York. 13. The annual growth rate in megawatt-hours of electricity sold to industrial customers. Source: U.S. EIA. Independent Fiscal Office July 2015 - Monthly Trends Report Select General Fund Tax

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MER-2015-06.pdf

of PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any inflationary gains. 1 Industrial Electricity Sales The year-over-year growth rate in megawatt-hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales (New and Existing) The year-over-year

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MER-2015-04.pdf

PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any in Ðlationary gains. 1 Industrial Electricity Sales The year‐over‐year growth rate in megawatt‐hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales (New and Existing) The year‐over‐year

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MER-2015-03.pdf

PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any in Ðlationary gains. 1 Industrial Electricity Sales The year‐over‐year growth rate in megawatt‐hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales The year‐over‐year growth rate in

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MER-2015-02.pdf

PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any in Ðlationary gains. 1 Industrial Electricity Sales The year‐over‐year growth rate in megawatt‐hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales The year‐over‐year growth rate in

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MER-2015-01.pdf

of PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any inflationary gains. 1 Industrial Electricity Sales The year-over-year growth rate in megawatt-hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales The year-over-year growth rate in

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MER-2014-12.pdf

PA personal income. Includes wages, interest, dividends, rents, pensions, business and transfer income. Includes any in Ðlationary gains. 1 Industrial Electricity Sales The year‐over‐year growth rate in megawatt‐hours of electricity sold to industrial customers in Pennsylvania each calendar quarter. 2 Completed Home Sales The year‐over‐year growth rate in

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Five_Year_Outlook_2020.pdf

could lead to price recovery in the out-years. For early CY 2021, there should be more demand for residential electricity due to increased telecommuting during the winter months. Nat- ural gas accounts for 41 percent of electricity generation nationwide, the largest share among all generation sources. The slowdown in CY 2020 production growth could also contribute to

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Five_Year_Outlook_2019.pdf

by the U.S. Energy Information Administration (EIA). Data from the EIA show that Pennsylvania retail sales of electricity in CY 2018 grew by 3.5 percent, the strongest growth since 2014. However, electric receipts for tax year 2018, which typi- cally align with the trend in electricity sales, declined by 10.9 percent. For tax year 2019, estimated pay- ments for the electric sector are strong (17.8 percent

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SUT Exemption for Aircraft - January 2013.pdf

display and control of industrial process variables; totalizing fluid meters and outing devices; instruments for measuring and testing electricity and electrical signals; analytical laboratory instruments; watches, clocks and parts; irradiation equipment; and electromedical and electrotherapeutic apparatus). NAICS 336321 – Vehicular Lighting Equipment

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Revenue-Estimate-2020-05.pdf

the electric sector will experience a 3.0 percent decline in TY 2020 liabilities due to (1) reduced electricity demand resulting from a mild winter (January through March 2020) and business closures related to the COVID-19 pandemic and (2) low

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QRR_2017Q1.pdf

ceipts Tax revenues for the fiscal year. Preliminary data suggest that this weakness in collections was likely influenced by reduced electricity demand and declining prices, as well as continued erosion of the telecom‐ munications tax base. The table below provides General

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PBB_2021_PSP_REPORT_ADDENDUM.pdf

37 ▪ The department expects to realize savings as a result of decommissioning the OpenSky system due to reduced tower rent, electricity costs and telecom costs. Savings are estimated at $6 million annually once P25 is fully implemented and OpenSky is fully

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Official_Revenue_Estimate_Methodology_2021.pdf

municipality to the extent the receipts are derived from business conducted within the municipality, (2) derived from the sale of electricity by an electric light company which are attributable to the recovery of purchased energy costs, clean-up costs and investment

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Official-Revenue-Estimate-Methodology-2020-6.pdf

the extent the receipts are derived from business conducted within the municipality, (2) derived from the sale of electricity by an electric light company which are attributable to the recovery of purchased energy costs, clean-up costs and investment write-off

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Official-Revenue-Estimate-Methodology-2019-06.pdf

the extent the receipts are derived from business done within the municipality, (2) derived from the sale of electricity by an electric light company which are attributable to the recovery of purchase energy costs, clean-up costs and invest- ment write-

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Official-Revenue-Estimate-2020-06.pdf

the electric sector will experience a 10.0 percent decline in TY 2020 liabilities due to (1) reduced electricity demand resulting from a mild winter (January through March 2020) and business closures related to the COVID-19 pandemic and (2) low

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NGPR_2020_Q4.pdf

2020, which outpaced the Pennsylvania price, was likely driven by increased demand for natural gas related to winter weather and electricity demand. Staff Acknowledgements This report was produced by Jesse Bushman and Rachel Flaugh. Questions regarding this report can be directed

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MTR-2016-09.pdf

Loan Debt 12 $4,480 $4,600 $4,710 $4,690 $5,170 $5,310 $5,450 $5,430 Industrial Electricity Sales 13 -3.8% -5.3% -1.0% -3.4% -1.2% -4.5% -1.7% -2.3% MONTHLY ECONOMIC

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Mid_Year_FY16-17_Presentation.pdf

25.Jan.2017 6 Year-Over-Year Growth Rates PA Energy Inflation Returns -40% -30% -20% -10% 0% 10% Residential Electricity Residential Natural Gas Gasoline Source: U.S. Energy Information Administration. 25.Jan.2017 7 PA Wage Growth Underperforms Source: U

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