Geothermal Energy Bringing Millions of New Dollars to
Federal, State, and Local Governments
Geothermal Energy Association, January 15, 2009
http://geo-energy.org//publications/reports/Geothermal_Revenue_Under_the_Energy_Policy_Act_of_2005_Final.pdf
According to a new report "Geothermal Revenue Under the Energy Policy Act of
2005," changes made in 2005 to federal geothermal leasing laws are bringing
in millions of new and additional dollars to federal, state, and county
government coffers. In just two years, FY 2007 and FY 2008, $82 million in
new revenues were generated by geothermal activities. Three competitive
geothermal lease sales in 2007 and 2008 for parcels in California, Idaho,
Nevada, and Utah generated $56 million in income. Future trends appear to
indicate that the geothermal windfall to the federal, state, and local
governments will continue.
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