The ten-year Campaign created more than 11,000 jobs and drove over $1.4 billion in energy savings through a combination of public and private investments

PHILADELPHIA – May 11, 2026  – Today, the Philadelphia Energy Authority (PEA), joined by City administration and state leaders, members of City Council, and former Council President Darrell Clarke, announced the 10-year results of its landmark Philadelphia Energy Campaign, highlighting $2 billion of economic impact, more than 11,000 jobs created, and over $1.4 billion in energy savings for the City of Philadelphia and its residents.

Launched in 2016 in partnership with City of Philadelphia administration leadership and Philadelphia City Council, the Philadelphia Energy Campaign set ambitious goals: $1 billion of clean energy investments and up to 10,000 jobs by 2026, benefiting neighborhoods across Philadelphia. Results of a new study show the Campaign catalyzed $1.3 billion of economic investment, surpassing the investment target by 30 percent while exceeding the jobs goal.

The 10-year economic impact report produced by Econsult Solutions, Inc. (ESI) demonstrates how strategic investment in clean energy drives economic growth, reducing costs for individuals, local institutions, and municipal government, while delivering meaningful benefits for residents, businesses, and taxpayers.

“Our city’s clean energy is delivering cost savings – and jobs – to the benefit of Philadelphia residents and local businesses, which are top priorities for our administration,” said Mayor Cherelle L. Parker. “Our partnership with the Philadelphia Energy Authority has not only helped us get closer to a Safer, Cleaner and Greener city, but the positive economic indicators are off the charts. I am thankful to the many City departments that have worked collaboratively with PEA to help generate these impressive results.” 

“The Philadelphia Energy Campaign demonstrates that clean energy is an economic development strategy, a cost-saving strategy, and a public health strategy all in one,” said Philadelphia City Council President Kenyatta Johnson. “Results of the Philadelphia Energy Campaign signal what’s possible through collaboration, as clean energy touches every part of how our city functions. And by investing in workforce development, we are ensuring our residents can access these emerging opportunities, whether through jobs in the growing clean energy economy or related construction trades.”

With $14.7 million in City allocations over 10 years, PEA helped unlock over $1.3 billion in total investment – an extraordinary return of approximately 90 times the public dollars committed, underscoring PEA’s role as a responsible steward of public resources.

“The Philadelphia Energy Campaign shows what is possible when public investment is used to drive economic growth, create jobs and lower costs for residents,” said State Representative Jordan A. Harris, Majority Chairman of the House Appropriations Committee. “This work has helped generate more than $1.3 billion in investment, create more than 11,000 jobs and deliver real energy savings for Philadelphia. Just as importantly, the next phase will modernize public buildings, including health centers and homeless services facilities, so the people who live, work and receive services in these spaces are in safer, healthier and more comfortable environments.”

“Over the last ten years, the Philadelphia Energy Campaign exceeded every goal we set, and we redefined what’s possible when vision meets action,” said Emily Schapira, CEO of the Philadelphia Energy Authority. “With collaboration across government, schools, utilities, service organizations and industry, this initiative demonstrates clean energy crosses all sectors and all parts of our lives. Clean energy is not just one solution; it’s everything: jobs for people, revenue for the city, and healthier, more resilient communities.”

The Campaign generated significant new revenue for the City of Philadelphia and the Commonwealth of Pennsylvania. Over ten years, clean energy investments helped produce more than $25 million in tax revenue for Philadelphia and over $50 million statewide, funding that supports essential services, infrastructure, and community priorities.

Overall economic activity generated by the Philadelphia Energy Campaign includes:

• $2 billion in economic output in Philadelphia, supporting 11,415 jobs, $698.1 million in employee compensation, and $25.3 million in tax revenue; 
• $2.4 billion statewide, supporting 12,855 full-time equivalent jobs and $801.4 million in employee compensation as well as $50.1 million in tax revenue; and 
• A resulting $73.6 million in combined tax revenue for the City and Commonwealth.

PEA programs modernize the region’s energy infrastructure. Clean energy projects have delivered over $1.4 billion in savings, while helping to cut municipal carbon emissions by nearly half, improving health and safety for those living and working across Philadelphia. The result is a ripple effect: savings generated by these programs are reinvested into local economies, the jobs created help to sustain families, and the improved infrastructure enhances public safety, health, and quality of life. 

Continuing this momentum, PEA and the City of Philadelphia are next retrofitting 14 major municipal buildings — among the City’s largest energy users — including City Hall, the Municipal Services Building, One Parkway Building, and the Criminal Justice Center. The project involves collaboration between PEA, the Office of Sustainability, Office of Homeless Services, Department of Public Health, and Department of Public Property. 

This Quadplex + Community Health project will deploy energy efficiency improvements throughout the City’s four large downtown buildings, seven health centers, and three homeless services centers, resulting in greater comfort and quality of care for residents, and long-lasting, more affordable, healthy City infrastructure.

“Through the Philadelphia Energy Campaign, the City is investing in clean energy and advancing ambitious energy goals that deliver a trifecta of environmental, quality of life, and economic improvements,” said Elizabeth Lankenau, Director of the Philadelphia Office of Sustainability. “The Quadplex + Community Health project is an example of an ongoing initiative that goes beyond helping the City reach its goal of carbon neutrality; it is saving energy and lowering costs, while improving the quality of facilities where residents access critical services.”

Read the full report to learn more about the transformative Philadelphia Energy Campaign and what it means for Philadelphia’s future.