Alliance for Water Efficiency
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Water Efficiency programs have an established track record as cost‐effective long‐term public resource investments. Less well understood are the short‐term economic impacts of these rapidly scalable and adaptable programs, and the ability of these programs to quickly deliver economic benefit as well as sustainable solutions. This paper quantitatively examines the short‐term economic growth impacts of water/energy efficiency investments, specifically in terms of job creation, income, GDP, national output, water savings, and other benefits.
Our consultant team modeled a wide range of water/energy efficiency program possibilities, across all water‐using sectors and involving indoor, outdoor, and water system efficiencies. This modeling clearly confirms that economic stimulus benefits could be broadly distributed throughout the national economy:
1. The economic output benefits range between $2.5 and $2.8 million per million dollars of direct investment.
2. GDP benefits range between $1.3 and $1.5 million per million dollars of direct investment.
3. Employment potential ranges between 15 and 22 jobs per million dollars of direct investment.
Water conservation – Economic aspects; Water consumption; Water efficiency – Economic aspects; Water utilities
Natural Resource Economics | Natural Resources and Conservation | Water Resource Management
Transforming water: Water efficiency as stimulus and long‐term investment.
Available at: https://digitalscholarship.unlv.edu/water_pubs/2