Pennsylvania electricity UpdateThis report utilizes data from the U.S. Energy Information Administration to display recent trends for the Pennsylvania and regional electricity markets. The report examines recent trends in net generation, net exports, CO2 emissions and prices. 03/07/2024 |
Pennsylvania electricity UpdateThe IFO posted a research brief that provides an overview of the Pennsylvania electricity market. For 2022, PA remains the top exporter of electricity across all states. The next largest state (AL) exported 40% less electricity. 03/01/2023 |
Pennsylvania electricity UpdateThis research brief uses data from the U.S. Energy Information Administration to provide a general overview of the Pennsylvania electricity market. 03/14/2022 |
Pennsylvania electricity UpdateThis research brief uses data from the U.S. Energy Information Administration to provide a general overview of the Pennsylania electricity market. 09/09/2021 |
TC_2022_Coal_Refuse_Energy_and_Reclamation.pdfrequirements contained in Act 48. No other state offers a tax credit to firms that burn coal refuse to produce electricity, and 2020 data from the U.S. Energy Information Administration show that 11 of the 16 waste coal facilities in refuse piles and abandoned mines. The credit is equal to $4.00 per ton of coal refuse used to generate electricity by an eligible facility. The original tax credit cap was $7.5 million but was subse- quently raised to $10 Hits: 43 |
MTR-2017-02.pdf6% 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 Hits: 21 |
Electricity_Update_Sep_2021.pdfThe 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 Hits: 20 |
Electricity_Update_March_2022.pdfThe Independent Fiscal Office (IFO) publishes this research brief to provide a general overview of the Pennsylvania electricity market. This is an update of a research brief published by the IFO in September 2021 and incorporates the latest data published by the U.S. Energy Information Administration (EIA). Table 1 shows net electricity generation by fuel source, total electricity consumption and net exports for Pennsylvania and other regional states. Net generation is broken Hits: 20 |
RB_2023_03_Electricity_Update.pdfRecent data from the U.S. Energy Information Administration (EIA) show that Pennsylvania remains the top electricity exporter across all states. For 2022, Pennsylvania exported 80.5 million megawatt hours of electricity, notably higher (67.5%) than the second largest export state (Alabama, see table). (As defined by the EIA, net exports Hits: 16 |
Electricity_Update_2024.pdfThis update displays recent trends for the Pennsylvania and regional electricity markets. The latest data show that Pennsylvania remained the top electricity export state and reached a new low for CO 2 emissions from electricity generation in 2023. All data shown are Hits: 16 |
MTR-2016-08.pdf2% 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 Hits: 15 |
2007_divestment_complete_report.pdfactivities; 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 Hits: 12 |
index.cfmthe latest benchmark revision made by the U.S. Bureau of Labor Statistics to Pennsylvania payroll jobs. ... (Full Report) Pennsylvania Electricity Update Energy March 07, 2024 This report utilizes data from the U.S. Energy Information Administration to display recent trends for the Pennsylvania and regional electricity markets. The report examines recent trends in net generation, net exports, CO2 emissions and prices. ... (Full Report) Senate Budget Hearing Hits: 8 |
MSC_March_31_2022.pdfexcludes indirect jobs supported by the industry such as independent contractors. Source: Bureau of Labor Statistics. PA Leads Nation in Electricity Exports Total Net State Nat. Gas Coal Nuclear Other Total Consumption Exports Pennsylvania 127.3 29.3 75.9 9 54.1 3.1 28.6 8.5 94.3 133.2 -38.8 Source: U.S. Energy Information Administration. Electricity Exports by State (2021) Net Generation Note: Amounts in millions of megawatt hours. Total consumption includes 2020 amounts for direct Hits: 6 |
IFO - Economic and Budget Outlook - January 2012.pdfvarious 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 Hits: 5 |
Summary_Tax_Credit_Reviews_Oct_2023.pdfis the only state that provides a tax credit to incentivize the burning of coal refuse in the generation of electricity and the reclamation of abandoned mine lands. ▪ Other states primarily rely on federal Abandoned Mine Land grants to fund environmental priority coal refuse piles to incentivize reclamation activities which result in more significant environmental benefits. ▪ Tie awards to average wholesale electricity prices for the calendar year. When wholesale electricity prices are high, the tax credit likely incentivizes little or no incremental Hits: 3 |
Senate_Appropriations_Committee_Response_Letter_2024.pdfof the Governor’s revenue proposals that will be released later this month. Senator Phillips-Hill requested data related to electricity generation rates and electricity exports. On March 7, the IFO will release its annual Pennsylvania Electricity Update that contains these data for Pennsylvania and Hits: 3 |
Revenue_Estimate_2023_06.pdfis 15.4% above revenues from the prior fiscal year. The increase is due to stronger than expected growth in electricity tax liability for TY 2022 compared to the prior year. Data from the U.S. Energy Information Administration (EIA) show that revenue from the sale of electricity in Pennsylvania increased by 20.9% in 2022, almost entirely due to price growth (19.4%). The growth rates for Hits: 3 |
Revenue-Estimate-2023-05.pdfis 15.9% above revenues from the prior fiscal year. The increase is due to stronger than expected growth in electricity tax liability for TY 2022 compared to the prior year. Data from the U.S. Energy Information Administration (EIA) show that revenue from the sale of electricity in Pennsylvania increased by 20.9% in 2022, almost entirely due to price growth (19.4%). The growth rates for Hits: 3 |
Impact-Fee-Update-Outlook-2019-06.pdfpercent) 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 Hits: 3 |
IFO_Hearing_Materials_March_2023.pdf2 Impact Fee Collections ($ millions) 2 $200.4 -- $274.8 -- Coal production (million short tons) 3 50.1 3 -- 3 Electricity Net Generation (million megawatt hrs) 229.0 3 237.9 3 Natural Gas 98.0 3 129.7 3 Nuclear for 2019 reported by the Public Utility Commission (PUC). Coal production reported by the U.S. Energy Information Administration. All electricity data reported by the U.S. Energy Information Administration unless otherwise noted. Pennsylvania Energy Profile 1 Bcf is billion cubic Hits: 3 |
Five_Year_Outlook_2023.pdfSee Table 4.1.) GRT revenues increased by 15.5% for FY 2022- 23 largely due to abnormal growth in electricity prices. Data from the U.S. Energy Information Administration (EIA) show that Pennsylvania electricity price growth has rapidly decelerated and recently turned negative. The average price for August 2023 was 2.3% below the Hits: 3 |
TC_Board_Hearing_Jan_24_2022.pdfton in latest year ▪ Nearly all credits sold | ~15% leakage to sales discounts and transfer fees Generators receive other non-electricity revenues in addition to tax credit ▪ AEPS credits: ~$11.0 million in 2020 prior to Tier II increase from 8 Economic and environmental impacts ▪ Report assumes that ~20% of coal refuse burned incentivized by tax credit ▪ Highly dependent on wholesale electricity price and other revenues ▪ ~140 direct jobs generated per million ton coal refuse burned ▪ Remaining piles further removed from generators Hits: 2 |
Single-Use Plastics Report-2020_06.pdfconvenience. •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 Hits: 2 |
PBB_2023_DCNR_REPORT.pdfsolar panels and electric vehicle charging stations on the grounds of state parks and forests. Over the last six years, electricity costs savings from the deployment of solar power on state lands exceed $370,000. The primary goals and outcomes of based positions include non-telework, part- time telework and ad hoc telework positions. ▪ Department-wide utilities includes heating fuel and electricity costs for the entire department. Leased facilities costs includes rent, maintenance, parking, utilities and contract costs for all leased facilities Hits: 2 |
MTR-2018-1.pdfLoan 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 Hits: 2 |
MTR-2018-04.pdfLoan 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 Hits: 2 |
MTR-2018-03.pdfLoan 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 Hits: 2 |
MTR-2018-02.pdfLoan 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 Hits: 2 |
MTR-2017-12.pdfLoan 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 Hits: 2 |
MTR-2017-11.pdfLoan 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 Hits: 2 |
MTR-2017-10.pdfLoan 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 Hits: 2 |
MTR-2017-09.pdfLoan 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 Hits: 2 |
MTR-2017-08.pdfmillion 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 Hits: 2 |
MTR-2017-07.pdfmillion 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 Hits: 2 |
MTR-2017-06.pdfLoan 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 Hits: 2 |
MTR-2017-05.pdfLoan 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 Hits: 2 |
MTR-2017-04.pdfLoan 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 Hits: 2 |
MTR-2017-03.pdfLoan 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 Hits: 2 |
MTR-2017-01.pdfLoan 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 Hits: 2 |
MTR-2016-12.pdfLoan 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 Hits: 2 |
MTR-2016-11.pdfLoan 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 Hits: 2 |
MTR-2016-10.pdfLoan 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 Hits: 2 |
MTR-2016-06.pdfLoan 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 Hits: 2 |
MTR-2016-05.pdfLoan 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 Hits: 2 |
MTR-2016-04.pdfLoan 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 Hits: 2 |
MTR-2016-03.pdfLoan 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 Hits: 2 |
MTR-2016-02.pdfLoan 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 Hits: 2 |
MTR-2016-01.pdfLoan 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 Hits: 2 |
MTR-2015-11.pdfLoan 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 Hits: 2 |
MTR-2015-10.pdfLoan 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 Hits: 2 |
MTR-2015-09.pdfLoan 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 Hits: 2 |
MTR-2015-08.pdfLoan 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 Hits: 2 |
MTR-2015-07.pdfLoan 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 Hits: 2 |
MER-2015-06.pdfof 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 Hits: 2 |
MER-2015-04.pdfPA 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 Hits: 2 |
MER-2015-03.pdfPA 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 Hits: 2 |
MER-2015-02.pdfPA 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 Hits: 2 |
MER-2015-01.pdfof 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 Hits: 2 |
MER-2014-12.pdfPA 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 Hits: 2 |
Five_Year_Outlook_2022.pdfan increase of $62 million from the official estimate. According to the U.S. Energy Information Administration, revenue from Pennsylvania electricity sales through August increased by 20.1% compared to the prior year, largely due to price growth (+18.1%). The upward revision in the current year estimate is a direct result of the strength in electricity sales for CY 2022. The forecast assumes that gross receipts tax revenues moderate in the out-years, as electric receipts Hits: 2 |
Five_Year_Outlook_2020.pdfcould 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 Hits: 2 |
Five_Year_Outlook_2019.pdfby 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 Hits: 2 |
Releasesthe latest benchmark revision made by the U.S. Bureau of Labor Statistics to Pennsylvania payroll jobs. Full Report Pennsylvania Electricity Update March 07, 2024 | Energy This report utilizes data from the U.S. Energy Information Administration to display recent trends for the Pennsylvania and regional electricity markets. The report examines recent trends in net generation, net exports, CO2 emissions and prices. Full Report Senate Budget Hearing Hits: 2 |
SUT Exemption for Aircraft - January 2013.pdfdisplay 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 Hits: 1 |
Revenue-Estimate-2020-05.pdfthe 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 Hits: 1 |
QRR_2017Q1.pdfceipts 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 Hits: 1 |
PBB_2021_PSP_REPORT_ADDENDUM.pdf37 ▪ 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 Hits: 1 |
Official_Revenue_Estimate_Methodology_2023_06.pdfmunicipality 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 Hits: 1 |
Official_Revenue_Estimate_Methodology_2022.pdfmunicipality 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 Hits: 1 |
Official_Revenue_Estimate_Methodology_2021.pdfmunicipality 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 Hits: 1 |
Official-Revenue-Estimate-Methodology-2020-6.pdfthe 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 Hits: 1 |
Official-Revenue-Estimate-Methodology-2019-06.pdfthe 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- Hits: 1 |
Official-Revenue-Estimate-2020-06.pdfthe 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 Hits: 1 |
NGPR_2020_Q4.pdf2020, 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 Hits: 1 |
MTR-2016-09.pdfLoan 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 Hits: 1 |
Monthly_Economic_Update_July_2023.pdfyear, inflation for this component fell by more than half (see table). Energy (6.9%) Includes gasoline (2.7% weight), electricity and natural gas (3.6%) and other (0.6%) miscellaneous energy goods. In June 2022, All Items inflation peaked (+8 Hits: 1 |
Monthly_Economic_Update_August_2023.pdfto July 2022 but declined slightly from the prior month (-0.2%). Energy (6.9%) Includes gasoline (2.7% weight), electricity and natural gas (3.6%) and other (0.6%) miscellaneous energy goods. For July 2023, energy prices (-10.6%) continue Hits: 1 |
Mid_Year_FY16-17_Presentation.pdf25.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 Hits: 1 |
IFO_Testimony_RGGI_Nov_4_2022.pdfgeneration compared to what was assumed by the latest model. • A May 2021 presentation by DEP computed higher monthly residential electricity bills of $1.17 (no electric heat) to $1.65 (electric heat) for 2022. Assuming the same methodology, the higher Hits: 1 |
IFO_Response_Letter_Jan_20_2023.pdfall new revenue dedicated to the MLF. Note that it is assumed that SUT is already collected on sales of electricity to a non-residential electric fuel supplier (wholesale level). Therefore, any additional SUT is limited to the incremental increase from Hits: 1 |
IFO_Hearing_Materials_Feb_22_2022.pdftargeted to refuse piles that inflict greater environmental harm. - Annual credit awards could be tied to an average monthly wholesale electricity price. Brewers' - Roughly 50% of PA tax credits flow to large brewers. - Most very small brewers cannot use credits before Hits: 1 |
EPLC_April_2024.pdfDynamic modeling | Economic impact • Analyze impact of collective bargaining agreements Special Studies and Legislative Requests • Property tax reform | Natural gas & electricity • State comparisons | Others as requested IFO Role in Budget Process Source: Governor’s Executive Budget 2024-25, page 4. • Nov Hits: 1 |