After much negotiation, the bipartisan infrastructure bill has become law and will help the electric sector as it continues to invest in our nation’s future grids. The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) includes funding that addresses energy, transportation, and water, including $65 billion allocated for electric and grid infrastructure. Another $47.2 billion is dedicated to resilience, including cybersecurity.
From powering essential businesses to heating and cooling our homes, we rely on electricity for nearly every aspect of our lives. As we integrate more clean energy into our electricity grids, we must modernize our approach to ensure we continue to deliver reliable and affordable power to the people and businesses that depend on it.
IIJA’s $65 billion in federal spending includes the most significant electric and grid infrastructure investment in American history. It provides funding to deploy innovative “smart” grid technology (i.e., digital networks/devices that allow more granular situational awareness), energy efficiency, and weatherization.
