The Philadelphia Energy Authority (PEA), along with city and state leaders, has announced that its decade-long Philadelphia Energy Campaign has delivered approximately $2 billion in economic impact, created more than 11,000 jobs, and generated over $1.4 billion in energy savings for the City of Philadelphia and its residents.
Launched in 2016 in partnership with the City of Philadelphia and City Council leadership, the initiative aimed to mobilize $1 billion in clean energy investments and create up to 10,000 jobs by 2026. A new 10-year impact report by Econsult Solutions Inc. shows the programme has exceeded both targets, catalysing around $1.3 billion in investment—about 30% above its original goal—while surpassing employment expectations.
Officials said the campaign achieved its outcomes through just $14.7 million in public funding, which helped unlock more than $1.3 billion in total investment, representing a nearly 90-times return on public dollars committed.
Philadelphia Mayor Cherelle L. Parker said the initiative has helped advance the city’s goals of becoming safer, cleaner, and greener while delivering strong economic benefits to residents, businesses, and municipal services.
City Council President Kenyatta Johnson highlighted that the programme demonstrates clean energy’s dual role as both an economic development strategy and a public health initiative, while also expanding workforce opportunities across construction and clean energy sectors.
The campaign has also generated more than $25 million in tax revenue for Philadelphia and over $50 million across Pennsylvania, contributing to public infrastructure and essential services.
Overall, the programme has supported $2 billion in economic output within Philadelphia, including over 11,000 jobs, nearly $700 million in wages, and substantial tax contributions, according to the report.
Beyond economic gains, the initiative has helped cut municipal carbon emissions by nearly 50% and delivered over $1.4 billion in energy savings across public buildings and institutions.
Building on this progress, the city is now advancing the “Quadplex + Community Health” initiative, which will retrofit 14 major municipal buildings, including City Hall, the Municipal Services Building, and the Criminal Justice Center, along with multiple health centres and homeless services facilities.
Officials from the Philadelphia Office of Sustainability said the next phase will improve energy efficiency, reduce operating costs, and enhance facility conditions while supporting the city’s long-term carbon neutrality goals.
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