The American Public Power Association (APPA) is the service organization for the nation's 2,000 community-owned electric utilities. Since 2004, the APPA has held annual conferences focused on economic development for its member utilities because the APPA recognizes the inherent need for electric utilities to maintain an economic development program.
APPA 2004 Report - "Straight Answers to False Charges Against Public Power" cited the following:
"Public power utilities provide benefits to the citizens of their communities through lower rates, responsive service, payments in lieu of taxes, economic development and other programs that benefit the community"
"In establishing a public power utility, the city could have greater flexibility to offer incentives to large businesses that could promote the expansion of business and attract new business, while still protecting residential and commercial customers."
APPA 2004 Report - "Q&A for Communities Considering the Public Power Option" cited the following:
"A public power utility can be extremely valuable in achieving the community's goals to broaden its tax base, offset the need for increased local taxes, and improve the local economy and jobs situation. A public utility's lower rates allow consumers to spend more money on other goods and services. Public power can retain local businesses and attract new ones which helps maintain and create jobs for local residents."
"And public power systems are often an integral part of efforts such as downtown renovation, business development and industrial parks and other public works projects in their communities."