New Wyoming Wind and Transmission
On April 4, 2017, Rocky Mountain Power announced a 20-year Integrated Resource Plan that includes significant investment in Wyoming. The company submitted its requests for regulatory review on June 30, 2017.
The plan includes approximately $2.35 billion of new wind and transmission by 2020:
- Around 1,150 megawatts of new wind, likely in Wyoming
- Construction of a new 140-mile, 500-kilovolt Gateway West transmission segment
By taking advantage of federal production tax credits, these projects will provide net savings for Wyoming customers and benefits to state and local economies.
How will this benefit Wyoming?
These investments will help diversify the state’s economy, create jobs and add to the tax base.
We expect these projects to:
- Create between 1,000 and 1,400 construction jobs in Wyoming
- Contribute approximately $70 million in tax revenue during development and construction
- Add to annual tax revenues by approximately $11 million in 2021, growing to approximately $14 million annually in 2024