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Philadelphia Energy Authority highlights $1.3B decade of clean‑energy investment and asks council for more operating funds to scale housing and workforce work
Summary
PEA told the council it has driven $1.3 billion in investment and nearly 11,000 jobs over the last decade and asked for an FY27 allocation larger than the mayor’s $1.3 million proposal to scale home repairs, workforce training and energy projects.
Emily Shapira, president and chief executive officer of the Philadelphia Energy Authority, told the Committee of the Whole that PEA has driven approximately $1.3 billion in investment since 2016 and said the authority is requesting a larger FY27 operating allocation to scale proven programs.
Shapira said the city has invested about $14.7 million in PEA over the last decade and that PEA’s work generated about $25.3 million in city tax revenue over the same period. She described a 90‑to‑1 leverage figure—"for every $1 of city investment in PEA, we've spurred $90 of…
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