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Economy · Published

Energy Department announces about $967 million in grid resilience grants

The U.S. Department of Energy said the formula funding for states, territories and tribes is meant to upgrade infrastructure, prevent power disruptions and help lower electricity costs.

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The U.S. Department of Energy said it is making approximately $967 million in additional funding available through its Grid Resilience State and Tribal Formula Grant program.

According to the department, the money will go to projects led at the local level in states, U.S. territories and tribes. The stated aims are to modernize critical energy infrastructure, prevent power disruptions, meet growing electricity demand and help lower costs for households and businesses.

The department said projects funded through the program will help recipients pay for infrastructure improvements that protect against disruptive events and improve how their systems perform. It added that the goal is for communities and businesses to have dependable power when they need it most. The department presented the investment as part of President Trump's American energy dominance agenda.

Secretary of Energy Chris Wright said lowering costs and unleashing prosperity are top priorities for the president. He described the grants as commonsense investments that send resources directly to states, territories and tribes to cut electricity costs and make the grid more reliable for businesses and families.

Katie Jereza, Assistant Secretary of the Office of Electricity, said a strong and dependable grid underpins the country's economic prosperity. She said the funding will help people across the country, including tribal partners, optimize their electricity systems and prepare for future growth. According to her, it will also strengthen energy security and support the deployment of technologies that can lower the long-term cost of delivering reliable power.

The department said states, tribes and U.S. territories can view their funding allocations and instructions on how to apply. It did not give a breakdown of the allocations in its announcement.

  • Energy
  • Power Grid
  • Electricity
  • Infrastructure
  • Grants