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.
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