Full Title: Economic Contributions of Pacific Gas and Electric Company
Author(s): Center for Strategic and Economic Reserach
Publisher(s): Pacific Gas and Electric Company
Publication Date: February 1, 2014
Full Text: Download Resource
Description (excerpt):
Pacific Gas and Electric Company (PG&E) provides electric and natural gas service to roughly
15 million people within its 70,000-square-mile Service Area throughout Northern and Central
California.
PG&E engaged the Center for Strategic Economic Research (CSER) to estimate the economic
contributions of PG&E in 2012, accounting for both its direct economic activities as well as the
multiplier or “ripple” effect where additional activities were supported by the company’s demand
for goods and services and worker spending in the economy. CSER utilized the IMPLAN
model, a widely-used economic analysis system, to estimate the full range of economic impacts
based on background information provided directly by PG&E. The economic contributions of
three distinct PG&E activities were measured to estimate the range of economic impacts
associated with the company:
1. General Operations
2. Customer Energy Efficiency Programs
3. Community Investment Program
This report summarizes the results of the economic impact analysis for each of the three distinct
PG&E activities. The discussions of economic impacts throughout the report primarily focus on
the PG&E Service Area, but information is also provided for the statewide economic impacts as
well as those in each of the four major Regions that comprise PG&E’s Service Area: Bay Area,
Central Coast, Central Valley, and Northern (shown in Figure 1 on the following page).