Community Benefits
$
$
Economic Benefit
Construction & Long-Term Jobs
Homes Powered by RioSol
(Based on 2021 Moss Adams Economic Impact Study*)
Local Values and Priorities
New Mexico and Arizona’s important role in the renewable energy industry provides towns and counties with the promise of a long-term, consistent economic foundation. SouthWestern Power Group, the developer of RioSol, has worked alongside New Mexico and Arizona communities since 2008. This partnership helps us align with local values and priorities to address the needs and best interests of the communities we serve. This takes the form of serving local schools, improving roads and other public services. Rural communities are beneficiaries of projects like RioSol. Benefits from increased employment, income to landowners and increased tax revenue can be the building blocks for rural and local economies.
Income Opportunities for Landowners.
SouthWestern Power Group, the developer of RioSol, values the relationship with landowners. This is represented through leasing lands and right of way for renewable development. This provides farmers and ranchers an opportunity to generate additional income to support their families for generations. RioSol’s land teams work closely with each landowner to ensure that the project’s construction and operation produce the least possible impact to their land and ranching operations. Rural communities and ranching families know all too well the changing landscape of land management created by climate fluctuations. Renewable development is a unique industry that can co-exist with ranching operations.
Jobs, Revenue, & Clean Energy
The combination of renewable energy and transmission projects are estimated to generate billions in economic benefits and thousands of jobs. Arizona and New Mexico will achieve direct fiscal benefits in the form of landowner and tax payments, including millions of dollars in payments that benefit education and other public institutions.
The RioSol project will generate in excess of $971.1 million and support 1,230 construction and long-term jobs.*
State and community benefits will include a number of substations along the New Mexico to Arizona route, allowing communities to utilize the clean wind and solar energy that is generated along the 550-mile route.
*Tysseling, J. (2021) SunZia Transmission Project Economic and Fiscal Impacts Analysis Executive Summary. Moss Adams LLP
Local Values and Priorities
New Mexico and Arizona’s important role in the renewable energy industry provides towns and counties with the promise of a long-term, consistent economic foundation. SouthWestern Power Group, the developer of RioSol, has worked alongside New Mexico and Arizona communities since 2007. This partnership helps us align with local values and priorities to address the needs and best interests of the communities we serve. This takes the form of serving local schools, improving roads and other public services. Rural communities are beneficiaries of projects like RioSol. Benefits from increased employment, income to landowners and increased tax revenue can be the building blocks for rural and local economies.
Income Opportunities for Landowners.
SouthWestern Power Group, the developer of RioSol, values the relationship with landowners. This is represented through leasing lands and right of way for renewable development. This provides farmers and ranchers an opportunity to generate additional income to support their families for generations. RioSol’s land teams work closely with each landowner to ensure that the project’s construction and operation produce the least possible impact to their land and ranching operations. Rural communities and ranching families know all too well the changing landscape of land management created by climate fluctuations. Renewable development is a unique industry that can co-exist with ranching operations.
Jobs, Revenue, & Clean Energy
The combination of renewable energy and transmission projects are estimated to generate billions in economic benefits and thousands of jobs. Arizona and New Mexico will achieve direct fiscal benefits in the form of landowner and tax payments, including millions of dollars in payments that benefit education and other public institutions.
The RioSol project will generate in excess of $971.1 million and support 1,230 construction and long-term jobs.*
State and community benefits will include a number of substations along the New Mexico to Arizona route, allowing communities to utilize the clean wind and solar energy that is generated along the 550-mile route.