Green Machine Series 4000

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Table 5. Near-Term Geothermal Potential & Resulting Economic Contribution State California Nevada Oregon Washington Alaska Arizona Colorado Hawaii Idaho New Mexico Utah 2,400 1,500 380 50 25 20 20 70 860 80 230 Total 5,635 MW $36 billion $22.5 billion $5.7 billion $749 million $375 million $300 million $300 million $1 billion $12.9 billion $1.2 billion $3.4 billion $84,410,046,000.00 New Power Capacity (MW) 51 30-Year Economic Output (nominal) 6. Economic Benefits 6.3. How does geothermal energy benefit local economies? Producible geothermal resources are often located in rural areas, which can suffer from economic depression and high unemployment. Geothermal developers bring significant economic advantages such as jobs and tax payments to local economies, and they also often benefit minority communities. Many geothermal companies provide additional voluntary contributions to the communities in which they exist. For example: Nevada’s geothermal power plants pay sales & use tax, property tax, net proceeds of mine tax, modified business tax, bonus lease payments, royalties to the state and county, salaries and benefits to employees, and a range of local vendors for products and services (GEA 2012 Why Support).

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