Third-party study projects economic impact from transmission resiliency projects
CenterPoint published a third-party economic study on Southeast Texas transmission resiliency projects, projecting over USD 18 billion annual economic impact.
Analysis estimates about 41,000 construction jobs, USD 4.4 billion in wages-related activity, and 1,100 ongoing jobs post-completion.
Local property tax revenue could rise by about USD 120 million a year once the projects enter service.
Modeled statewide transmission buildout could generate up to USD 30 billion in annual economic value, with about USD 300 million a year in taxes.
Study frames benefits as higher grid capacity to meet future demand, with construction-phase employment across utilities estimated near 100,000 jobs.
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