Enbridge’s economic impact on Colorado
As the world’s population grows, we’ll need all forms of energy—crude oil, natural gas, renewables—to meet rising global energy demand.
As a company with both pipelines and wind turbines, Enbridge is delivering energy security and driving transformation toward a lower-carbon economy. And we’re proud to deliver economic benefits in the U.S. states and the Canadian provinces where we do business.
Enbridge’s presence in the community fuels quality of life through ongoing tax revenue. In 2018:
- Enbridge paid $978,000 in property tax across Colorado for our pipelines and related facilities, such as terminals, storage facilities and pump/compressor stations; and
- On a national scale, Enbridge paid $478.5 million in property tax, $33.2 million in sales-and-use tax, $50.9 million in corporate income tax, and $23.7 million in other taxes (including payroll tax, fuel tax, and excise tax) across the U.S., for a total of $586.4 million.
This revenue can be used for schools, infrastructure (roads and bridges), health and wellness, recreation, transportation and other services that help strengthen the fabric of the community.
Enbridge’s ongoing operations, and planned projects, continue to stimulate local and regional economies. Through procurement spending, we’re helping to create indirect employment, support local businesses, and establish economic spinoffs. In 2018:
- Enbridge’s capital expenditures in Colorado, on such items as pipe steel, equipment purchases and replacement, system integrity-related investments, and capital leases, exceeded $2.9 million;
- Enbridge’s operating and administrative expenditures in Colorado, on such items as maintenance costs, equipment leases, power consumption, and field personnel salaries and wages, exceeded $11.5 million;
- Across the United States, Enbridge’s capital expenditures exceeded $2.98 billion, while our operating and administrative expenditures exceeded $2.55 billion.
Enbridge is committed to supporting and strengthening the communities near our pipelines and facilities, and being a good neighbor means the world to us. In 2018:
- Enbridge invested $6,100 in community-strengthening initiatives across Colorado—and supported numerous not-for-profit agencies in the state—aligned to our three focus areas of health and safety, environment, and community;
- Across the U.S., Enbridge invested more than $4.6 million in communities near our pipelines, projects and facilities, supporting initiatives that focus on health and safety, environment, and community;
- Enbridge’s various employee-driven United Way campaigns from across the U.S. and Canada raised nearly $6.1 million. That total, which includes employee donations, special events, and corporate matching, will help sustain community outreach, poverty reduction, and educational initiatives being coordinated by United Way chapters near Enbridge’s projects and operations;
- Through the Our Community Partners program, Enbridge employees volunteered nearly 11,400 hours for causes they care about; in recognition of their efforts, we contributed about $160,500 in volunteer grants to organizations in the U.S. and Canada; and
- Our Helping Hands in Action program awarded $285,000 in grants, and more than $390,000 in matching gifts, and completed 367 employee-led projects focused on improving quality of life in communities.
Enbridge’s people live and work in communities like yours as colleagues, neighbors and friends. In 2018:
- Enbridge’s workforce included 5 Colorado-based permanent and temporary employees, and provisioned contractors, at year’s end;
- Enbridge paid more than $420,000 in base salary to our Colorado-based permanent and temporary employees—much of that injected directly into the state economy; and
- On a national scale, Enbridge had an American workforce of 4,059 permanent and temporary employees, and provisioned contractors, at year's end, and paid more than $322 million in base salary to our permanent and temporary employees in the U.S.
*—All amounts are based on annual forecasting estimates which, while reasonably accurate, may not align precisely with procurement spending totals reported elsewhere by Enbridge and may not reflect actual amounts spent.