Average Amount Spent on Energy Sector Programs That May Provide a Subsidy in FY2008, Per Household
Households = 117,181,000
Estimates rely on government data which can be inaccurate. Overall we believe the estimates to be lower bounds due to missing data in federal data sets. In cases where we know the omissions are significant, such as subsidy estimates for risk transfers, we will note that an estimate is 'unknown' in the form of a question mark. Per household figure is calculated using data from the March 2009 Current Population Survey. Estimates calculated as of September 2010.
Energy Sector Updates
September 9, 2010
Subsidyscope’s analysis of government spending data finds that the federal role in the energy sector is significant, although smaller than its role relative to some other sectors, such as transportation. Total federal spending on tax expenditures and grant programs likely to contain a subsidy in the energy sector was about $25 billion in fiscal year 2009.In addition to direct spending and tax expenditures, Subsidyscope examines support provided through risk transfers and regulatory subsidies. The energy sector received about $16.7 billion in direct loans and $14.5 billion in loan guarantees in fiscal year 2009. Government estimates for regulatory subsidies are not typically available; however, Subsidyscope provides an overview of some regulatory subsidies. Read more»