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How Utility Energy Efficiency Programs Can Use New Federal Funding

The federal Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) together provide approximately $50 billion for energy efficiency implementation. The programs funded by these laws …

The federal Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) together provide approximately $50 billion for energy efficiency implementation. The programs funded by these laws can help states and utilities meet their energy efficiency and other climate-related goals, providing an opportunity to take energy efficiency efforts to a higher level. This funding can be used to substantially augment existing program budgets and/or to undertake creative new efforts. This brief discusses a variety of opportunities and options for integrating utility and state programs with the federal programs and tax credits.

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