September 1, 2011
Site Selection's Top Utilities in Economic Development
Site Selection magazine has selected its annual Top Utilities in Economic Development, based on the following mix of objective and subjective criteria: Analysis of corporate end-user project activity in that company's territory based on the Conway Data New Plant Database and submitted materials from utilities; survey input from corporate end users and site consultants; website tools and data; innovative programs and incentives for business, including energy efficiency and renewable energy programs; and the utility's own job-creating infrastructure and facility investment trends. The winning utilities, in alphabetical order, are Alabama Power, Birmingham, Ala.; Ameren, St. Louis, Mo.; Duke Energy, Plainfield, Ind., and Charlotte, N.C.; Entergy Corp., New Orleans, La.; FirstEnergy, Akron, Ohio; Georgia Power, Atlanta, Ga.; Hoosier Energy, Bloomington, Ind.; Hydro-Québec, Montréal, Québec, Canada; Progress Energy, Raleigh, N.C.; and Tennessee Valley Authority, Nashville, Tenn. Those qualifying for Honorable Mention include CenterPoint Energy, Houston, Texas; National Grid, Syracuse, N.Y.; Nebraska Public Power District, Columbus, Neb.; Northeast Utilities, Hartford, Conn.; Oncor, Dallas, Texas; Portland General Electric, Portland, Ore.; PPL, Allentown, Pa.; South Carolina Power Team, Columbia, S.C.; Southern California Edison, Irwindale, Calif.; and Vectren, Evansville, Ind. "The most powerful utility economic development teams are backed by corporations that don't just move power around - they wield it," says Adam Bruns, managing editor of Site Selection. "They do that through innovative programs for business, collaboration with community partners and their own investment in generation, transmission and other assets. Even the bubbling cauldron of cost and regulatory challenges hasn't tempered these leaders' optimism in the economic development of their territories." "Utilities play a key role as participants in the economic development efforts of cities, regions and all areas working to improve their local business climate," says Mark Arend, editor in chief of Site Selection. "This year's Top Utilities were particularly successful in this endeavor in 2010." The entire Top Utilities article and the annual Utilities Directory appear in the September 2011 edition of Site Selection and appear online at www.siteselection.com. Also featured in the issue:
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