Our society is heavily reliant on electricity and plans for sustainable energy have put more emphasis on the electric distribution grid to provide reliable power to retail customers. The electric grid of the near future will need to deliver additional power for electric vehicle charging, provide a reliable platform for distributed energy resources to help replace fossil fuel dependence, and continue to provide increased connectivity for the Internet of Things (IOT).
CLICK HERE to learn how all of these things are heavily dependent on a continuous and reliable supply of electricity.
Recently, the United States Congress has been drafting the Infrastructure Investment and Jobs Act (H.R. 3684) and depending on the final version of the bill, there will be potential impacts and benefits for electric utilities. The Act contains over $80 billion in funding for energy programs that directly or indirectly will benefit the utility industry, the majority of which is to be expended between 2022 and 2026.
CLICK HERE to learn how H.R. 3684 will help fund the electric utility industry and transform the energy sector.