Weatherization nonprofit lays off workers

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High Five
Friday, February 17, 2012

After stimulus money dries up, Portland Energy Conservation Inc. lays off 15 percent of employees.

Executive Director Phil Welker said the nonprofit, known as PECI, took on nearly $25 million of work sponsored by the American Recovery and Reinvestment Act, the $787 billion spending package designed to restart the stalled economy.

PECI began to receive stimulus dollars in 2010. The revenue peaked in 2011 and will run out this year.

Read more at SustainableBusinessOregon.

 

 
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