Investing in infrastructure is among one of the best ways to promote economic growth. That’s why we support Proposition 412, which will strengthen our local energy grid and ensure access to reliable power for growing businesses as well as companies looking to relocate to our region.
People are also reading… This investment in an updated, modernized system makes good economic sense. We need a robust, resilient energy grid that can stand up to increasingly extreme weather and support the needs of new employers that can create jobs and advance economic opportunity in the heart of the city.
While these conversations added complexity to an otherwise routine land use agreement, their combined appeal is simple enough: Prop 412 is a compromise. As such, it reflects a collaborative approach to local leadership that is critical to our community’s long-term success. Our economic prospects benefit greatly from TEP’s ambitious and pragmatic transition to cleaner energy resources. Prop 412 would allow TEP to continue progressing toward the target it has developed in consultation with local stakeholders: 70 percent of our community’s power from renewable resources by 2035. It also would fund further reductions in our carbon footprint through investments in the city’s climate resiliency.