Bloom Energy misses salary, wages targets Jeff Mordock, The News Journal
Bloom Energy has fallen short of the hiring and wage targets it agreed to meet when it accepted $16.5 million in state funds to create jobs in Delaware.
Based on that combined salary number, it was estimated that Bloom would create 600 jobs in Delaware before October. However, the company has hired 224 workers earning a combined $27 million, according to a report Bloom filed Friday with the Delaware Economic Development Office.
Bloom’s major revenue source in its incentive deal with the state is a recurring surcharge on Delmarva Power bills. In March, the Delaware Public Service Commission increased Delmarva Power surcharges for Bloom Energy. The total payments under the state-mandated subsidy are expected to generate between $35 and $36 million for the company in 2015. Since 2012 the subsidy has generated $84 million, according to data from Delmarva Power.
The surcharge agreement paid by a typical customer was $4.34 per month based on 975 kilowatts used.
MUSINGS FROM DSEA PRESIDENT MIKE MATTHEWS
- Colonial local taxpayers did not vote on using referendum monies to bailout DAPSS.
- Here is what Delaware Governor John Carney can do to better protect students and staff from gun violence and more
- Colonial School District on dangerous path re: take-over of DAPSS
- He’s back !! Mike Matthews blogging again !
- School boards need set policies prohibiting derogatory remarks of the President of The United States and all elected officials by teachers in the classroom
- New activism toolkit from @FSNspeaks will help students to stand up for speech and educate their peers about the im… twitter.com/i/web/status/9… 10 hours ago
Delaware DOE Charter Schools
- Follow @nicholedobo
- These darn 🦅 fans are cheering and chanting as we board the plane. This is going to be a long two hours. 2 weeks ago
- TRUMP DOUBLES DOWN! Will Enforce Ban on Immigrants from Areas with Record of Terrorism Against... fb.me/12Tw0UMNe 1 year ago
- RT @WDEL: Del. State Auditor Tom Wagner (R) to not seek re-election, will need a kidney transplant. #netde #votede 4 hours ago
- Follow @TNJ_malbright
- Join me on Saturday, Feb. 3rd at @Yale's 2018 #BlackHistoryMonth Opening Lecture: bit.ly/2DPmxw6 https://t.co/ApoBj0o0EO 2 weeks ago
- What happened to integrity, honesty and decency in America? #spiritualblackout #AndersonCooper @AC360 snpy.tv/2DrErEY 1 month ago
- (Canterbury rd.) Canterbury rd. has been re-opened 6 hours ago