What is the overall predicted annual economic impact to the region?
NuScale and UAMPS have not yet completed specific projections for the overall economic impact to the Idaho Falls area, however, it is expected that the economic impact to the local area will be substantial. Annual salaries for plant operations will exceed $30 million. Based on Nuclear Energy Institute studies of existing nuclear plants, every dollar spent by the plant will create $1.04 in the local economy and $1.18 in the state economy. Added to this are ongoing purchases of equipment and supplies; expenditures for fringes, which are not included in the direct salary figure; local, state, and federal taxes; community outreach support for local charities and non-profits; and a boost to virtually every component of the local service economy.