how energy efficiency creates jobs
GRAPH SHOWING JOB CREATION PER £MILLION OF EXPENDITURE PER SECTOR
jobs per £ million of revenue in key sectors of economy
Energy Efficiency moves revenues out of the Energy Sector where 19 jobs are created per £million and into other sectors where 33 jobs are created on average then there is a net increase of 14 jobs per £million of revenue. An additional £20 million moved from the energy sector into the average sector would create 280 jobs.
See below source of data from American Council for an Energy Efficient Economy
£pounds converted to $dollars at 0.6.
Average US salary is £30,000. UK average is £25,500.
Additional wages were converted into additional revenue (jobs created x £4,500)
Energy Efficiency moves revenues out of the Energy Sector where 19 jobs are created per £million and into other sectors where 33 jobs are created on average then there is a net increase of 14 jobs per £million of revenue. An additional £20 million moved from the energy sector into the average sector would create 280 jobs.
See below source of data from American Council for an Energy Efficient Economy
£pounds converted to $dollars at 0.6.
Average US salary is £30,000. UK average is £25,500.
Additional wages were converted into additional revenue (jobs created x £4,500)
