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U.S. Infrastructure Funding Overview for Electric Utilities
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Gain better insight into U.S. electric utilities infrastructure funding opportunities available through the Bipartisan Infrastructure Law
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ELECTRIC INFRASTRUCTURE FUNDING FAST FACTS:
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- Signed into law Nov. 15, 2021
- $1.2 trillion in total infrastructure funding
- $65 billion to power infrastructure
- Funding available thru DOE grants, cooperative agreements, loans, direct financing & funding assistance
- Largest investment in clean energy infrastructure in history
- Modernizes the power grid through thousands of miles of resilient transmission lines
- Reduces outages and energy costs
- Facilitates the expansion of clean energy
- Funding Period is 2022 - 2026
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Eligible Electric Transmission & Distribution Utilities Projects in Alignment with Trimble Utilities Solutions and Technologies
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$5B - Upgrading Electric Grid and Ensuring Reliability and Resilience
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To provide federal financial assistance to demonstrate innovative approaches to transmission, storage, and distribution infrastructure to harden and enhance resilience and reliability.
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$5B - Preventing Outages and Enhancing Resilience
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To carry out activities that are supplemental to existing hardening efforts and reduce the risk of power lines causing a wildfire; or reduce the likelihood and consequences of disruptive events.
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$2.5B - Transmission Facilitation Program
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To facilitate the construction of electric power transmission lines and related facilities to enable greater clean energy growth and provide low-cost clean energy to more Americans.
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$1B - Energy Improvement in Rural and Remote Areas
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To improve, in rural or remote areas of the United States, the resilience, safety, reliability, and availability of energy; and environmental protection from adverse impacts of energy generation.
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$7.5B - National Electric Vehicle Infrastructure
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Up to $7.5 billion in dedicated funding to help make EV chargers accessible to all Americans for local to long-distance trips.
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Full list of Bipartisan Infrastructure Law Programs at the DOE
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Click here to view the full list of Bipartisan Infrastructure Law Programs at the Department of Energy (DOE).
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We're Here to Help!
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Infrastructure Technology Partner
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Projects and Program Templates and Support
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Indentify Funding Options
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Funding Application and Resources
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Grant Administration Resources
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Compliance Resources
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As an organization, the Trimble Utilities' team is prepared to support you in your efforts to develop projects and programs that can capture infrastructure funding under the Bipartisan Infrastructure Law
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As the Bipartisan Infrastructure Law gains momentum in 2022, state and local agencies are receiving more clarity on the funding amounts allocated for their projects. News on airports and bridges are dominating headlines, but what about local municipality, utility and public works projects? Watch this free on-demand webinar and “Get Smart” on the multiple funding opportunities for your organization and how to plan ahead for the increased project demand.
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Get Smart: Navigating U.S. Infrastructure Funding Sources
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Discover our portfolio of digital asset and infrastructure lifecycle management solutions for utilities and local governments
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Electric utilities worldwide benefit from Trimble's portfolio of advanced solutions to improve network investment decisions and drive up operational efficiency, system resiliency and reliability
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DISCLAIMER: The information contained here is not legal advice. It will be subject to change based on updates from the U.S. Department of Energy or other federal, state and local infrastructure funding authorities. Recipients should confirm applicability to their specific situation. Bipartisan Infrastructure Law (BIL) information on this website is sourced from the Department of Energy BIL website here.
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Energy Infrastructure Funding Resources Page
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